You want to know why consumer confidence is as low as it is?

I think it has to do with the conventional wisdom breaking down. The conventional wisdom on how your personal finances should be, how they should improve over time. And how they haven’t.

My opinion. Tonight. In my monthly commentary on The Nightly Business Report, broadcast nationwide on Public Broadcasting Service stations.

For South Floridians, the show airs at 7 p.m. on WPBT, Channel 2.