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this week we learned that the measure of consumer confidence fell for the fourth month in a row to its lowest levels since january. you may disagree with why it s down. but, again, the customer who in this case is the american consumer is always right when it comes to the economy. why? because if americans are worried about the economy, they delay making important purchases and a perceived economic slowdown can easily become a reality. okay. so it s happening. but why? well, probably the biggest reason is this jobs. 20 straight months of job growth. yes. but over the last five months, look at that trend. roughly corresponding to the drop in consumer confidence, hiring in america has slowed. a week from now we ll have the job creation numbers for june to see where this trend is going. but until we have a strong jobs recovery, americans are going to hold back. and that is going to hamper a wider recovery. frankly, there is good and real reason to be nervous. it s that economi

United statesConsumer confidenceSlapping americansJob growthJob creation numbersJobs recoveryHe left congressFiscal cliffTax cutsBush tax cutsDecember 31stStephen mooreWall street journalBarack obamaMohammed alarianMitt romney