The days of 7.2 percent quarter gdp growth were great, until the days of 8 percent gdp decline like 4th quarter 2008 happen to correct it.
Consumer confidence died when Democrats seized the thrown in the 2006 midterms. That's like saying the economic boom in the 90's was corrected when the stock market began to drop in March of 2000 dawning what I call the Clinton/Gore recession.
lol the housing market collapse had nothing to do with consumer confidence. the bubble just got so large we ran out of consumers