In the last month, there has been a dramatic change in how people view the direction of the country. The RCP Poll Average: 33.8% believe we are going in the right direction and 58.8% believe we are going in the wrong direction.
The following could be why:
The feds balance sheet has grown to $3.19 trillion. Housing starts were unchanged in March. The Conference Board, an industry group, said its index of consumer attitudes fell to 59.7 from a downwardly revised 68 in February. [Reuters] Reuters can’t understand the lack of confidence since the outlook is good (really?).
Disability payments have skyrocketed and only 1% of them will ever find a job again. The definition of what constitutes a disability, as defined by the federal government, includes depression and back problems. Fourteen million people now collect disability and the federal government spends more on disability than food stamps and welfare combined. [NPR]