Joe Biden and the Fake News Media are flat-out ignoring the Trump campaign’s lawsuits contesting the election results on the grounds of allegations of widespread voter fraud and irregularities committed by Democrats on November 3.
After Joe Biden prematurely declared himself the President-elect, he hoped President Trump would drop the legal challenges, give up, and stop fighting, which of course didn’t happen.
And Joe Biden just got another unexpected monkeywrench in his plans to take over the White House in January.
The Consumer Confidence Index is an economic indicator that measures “the degree of optimism on the state of the U.S. economy that consumers are expressing through their activities of savings and spending.”
And American consumers are growing more pessimistic after the latest round of Democrat lockdowns combined with the possibility of a President Joe Biden backed by a Schumer-Pelosi majority in Congress.
In fact, according to the latest report, after rising because of President Trump’s attempt to reopen the economy, the consumer confidence index has dropped for the second straight month.
The surging pandemic, the return of lockdowns, and the 2020 election results pummeled consumer confidence for the second straight month in December.
The index of consumer confidence tumbled to 88.6 this month from a downwardly revised 92.9 in November, the Conference Board said Tuesday. Economists had forecast confidence would rise to 97 from the initial read of 96.1 for November.
The index was as high as 101.4 in October.
The gauge of how consumers feel the economy right now crashed to 90.3 in December from 105.9 in November, signaling a very rapid assessment of economic conditions.
Donald Trump oversaw one of the greatest economic booms in American history.
Unlike President Trump, who “oversaw one of the greatest economic booms in American history,” President Obama and then-Vice President Joe Biden presided over the worst economic recovery our nation has faced since World War II.
And now Joe Biden and the Democrats are vowing to impose the “Green New Deal,” massive tax hikes, and the rest of their socialist agenda on our nation.
So it’s not surprising that consumers are growing worried the more and more likely it appears that Joe Biden will become President in January and could potentially be armed with a Democrat majority in Congress.