Consumer confidence has been in the tank since march.
If you want to know what is going on with the economy in recent months, Dick Morris has a very good explanation in this video.
Dick Morris was the political strategist for Bill Clinton for many years.
Speaking of the former President, Bill Clinton seems to have had enough. For a while he was openly criticizing Obama’s mis-steps with the economy, especially the illegal offshore drilling ban, the yanking of coal permits etc.
This may have also been a political shot across the bow. The Obama Administration was jerking Hillary around for months starting with the Egypt/Libya debacle. The State Department thinks it has agreement across the administration on Middle-East policy, makes a cautious yet sensible statement on the position of the United States, and Obama comes out the very next day and contradicts it. This kind of thing happened too often to be an accident and is obviously designed to marginalize her. Niall Ferguson asked if we have two foreign policies and mocked the administration. It shows a great immaturity at the White House. It also confuses and undermines the confidence of our allies.
Being a cabinet Secretary is a brutal job. It is often seven days a week and 13 hours a day. Most Cabinet Secretaries last around 20 months. Obviously there are exceptions but that tells you how brutal the job can be. I have seen recent pictures of Hillary lately and she is not looking well.
I am not saying that Hillary resign because she is doing a bad job, although she is not among the best who had held the position, she should resign because the situation in the administration is intolerable and may be designed to do her political damage.