The latest first for the president is the gauge of consumer expectations dipped to 47.0 from 47.4. It was the lowest level since May 1980. Obama must be elated buy this news because he is implementing the policies that have resulted in our continuing financial quagmire. His latest "Pass It Now" program will insure further declines in our economy. Just the proposal of the plan is hurting confidence, but that will not stop the president from pounding his fist and proclaiming "Pass It Now."
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