Chris’ List: Historic Hits on Consumer Confidence

The Michigan Consumer Sentiment Index shows historically just how big of a hit consumer confidence took the last time the Government came close to default.

If there’s one list members of Congress should see, The Washington Post’sChris Cillizza says it’s this one. The Michigan Consumer Sentiment Index shows historically just how big of a hit consumer confidence took the last time the Government came close to default.

1. Hurricane Katrina (2005)
2. Debt Ceiling Debate (2011)
3. Iraq Invades Kuwait (1990)
4. Lehman Brothers Collapse (2008)
5. Iranian Hostage Crisis (1979-1981)
6. September 11 Attacks