[lbo-talk] public mood

[Doug Henwood]

Gallup is doing near-daily reports on U.S. public sentiment on the  
economy. It's sagging pretty hard.

At the end of the latest

<http://www.gallup.com/poll/103975/Gallup-Daily-Tracking-Consumer- 
Confidence.aspx>

Gallup analyst Lydia Saad (a Republican, I was once told) writes:


> As noted Friday, this suggests that neither the Federal Reserve's  
> surprise interest-rate cut this past week, nor recent news of an  
> agreement between President Bush and Congress on a fiscal stimulus  
> package, are yet swaying consumer attitudes. (If anything, these  
> actions may be reinforcing Americans' perception that the economy  
> is in trouble.)