CEA: Consumer confidence dives as gas prices, global concerns rise

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#1

CEA: Consumer confidence dives as gas prices, global concerns rise.

[newsimage]http://static.rankone.nl/images_posts/2011/03/yXGRW.jpg[/newsimage]The global economy took a hit following the massive earthquake, tsunami and subsequent nuclear reactor meltdown fears that have rocked Japan over the past two weeks. Recent reports suggest the initial natural disaster will cause economic ripples as companies struggle to rebuild. Specifically, the widespread disruption in standard business practices would likely lead to increased prices and shortages as affected companies (and consumers) struggled to recover.New data compiled by the Consumer Electronics Association paints a bleak, if expected picture of consumer confidence in the aftermath of the disasters.


Read the full article here: [http://www.myce.com/news/cea-consumer-confidence-dives-as-gas-prices-global-concerns-rise-41837/](http://www.myce.com/news/cea-consumer-confidence-dives-as-gas-prices-global-concerns-rise-41837/)


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#2

Don’t blame the earthquake for present and future economic problems. It has little to do with them. Blame our politicians and their reckless governing. Blaming the earthquake is just a way for them to try and divert blame from themselves where it rightly belongs.