Rasmussen: 63% rate the economy as poor

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The surprising thing about this survey isn't that 63% rate the economy as poor. The economy is poor, very poor. The shocker is 7% rate the economy as good or excellent. They must work for the government.

(Rasmussen Reports) — The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, lost nearly a point on Saturday to 67.8. Consumer confidence is hovering less than a point above the lowest level of the past two years. The Consumer Index is down a point from a week ago, down eight points from a month ago and down nine points from three months ago.

Just 7% rate the U.S. economy as good or excellent while 63% say it’s in poor shape.

The Rasmussen Investor Index remained steady at 77.0. Investor confidence is little changed from a week ago, down nine points from a month ago and down 10 points from three months ago.

The economy doesn't look to get much better before the 2012 elections. This is bad news for Obama and company.