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	<title>LNCC &#187; us economy</title>
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		<title>Confidence in the economy plunges to new low</title>
		<link>http://www.lncc.org/confidence-in-the-economy-plunges-to-new-low/</link>
		<comments>http://www.lncc.org/confidence-in-the-economy-plunges-to-new-low/#comments</comments>
		<pubDate>Wed, 09 May 2012 16:12:24 +0000</pubDate>
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		<category><![CDATA[economic recovery]]></category>
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		<category><![CDATA[obama economy]]></category>
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		<category><![CDATA[us economy]]></category>

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		<description><![CDATA[Confidence the U.S. economy will be stronger five years from now has plunged to the lowest level in three years of tracking, Rasmussen Reports finds. Only forty-four percent (44%) of adults say the economy will be stronger five years from now. Twenty-two percent (22%) say the economy will be weaker, while nine percent (9%) say [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1369" src="http://www.lncc.org/wp-content/uploads/2012/05/obamasolyndra-300x127.jpg" alt="" width="300" height="127" />Confidence the U.S. economy will be stronger five years from now has plunged to the lowest level in three years of tracking, <a href="http://www.rasmussenreports.com/public_content/business/general_business/may_2012/new_low_44_predict_u_s_economy_will_be_stronger_in_five_years">Rasmussen Reports finds</a>.</p>
<p>Only forty-four percent (44%) of adults say the economy will be stronger five years from now. Twenty-two percent (22%) say the economy will be weaker, while nine percent (9%) say it will be about the same.  A stunning 25% are not sure. (<a href="http://www.rasmussenreports.com/public_content/business/econ_survey_questions/may_2012/questions_looking_ahead_may_5_6_2012">Poll wording here</a>.)</p>
<p>Additionally, consumer confidence in the Obama economy <a href="http://www.rasmussenreports.com/public_content/business/indexes/rasmussen_consumer_index/rasmussen_consumer_index">plummeted five points</a> after last Friday&#8217;s April jobs report found 300,000 Americans left the labor force last month.</p>
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