Obama will lose the election

[jaichind]

If one looks at the conference board consumer confidence.

The Aug 2012 reading is 60.6. Jan-Aug 2012 averge is 65.5
The Aug 2008 reading is 58.6. Jan-Aug 2008 averge is 64.0
The Aug 2004 reading is 98.7. Jan-Aug 2004 averge is 96.0
The Aug 2000 reading is 140.8. Jan-Aug 2000 averge is 141.0
The Aug 1996 reading is 112.0. Jan-Aug 1996 averge is 101.53
The Aug 1992 reading is 59.0 Jan-Aug 1992 averge is 60.47
The Aug 1988 reading is 119.7 Jan-Aug 1988 averge is 115.29
The Aug 1984 reading is 103.1. Jan-Aug 1984 averge is 103.28
The Aug 1980 reading is 70.8. Jan-Aug 1980 averge is 69.36
The Aug 1976 reading is 94.6. Jan-Aug 1976 averge is 94.6
The Aug 1972 reading is 104.1. Jan-Aug 1972 averge is 97.93
The Aug 1968 reading is 131.3. Jan-Aug 1968 averge is 134.13

2012 is looking a lot like 1980 and 1992.  It does not look like 2004 and for
sure not 1984. It will be slightly better than 2010.  But
over the last few months this index has been trending down and could get worse
as food prices continue to surge.

The Aug 2012 reading is 53.2. Jan-Aug 2010 averge is 54.26