Why do Objective Economic Data Hate America?

You know the Chimperor said the Economic Recovery is gaining momentum, you know, like King Canute ordered back the tide.

So when is his command going to be law?

The index of leading U.S. economic indicators fell for a second month in July as factory delivery times shortened, reflecting a slowdown in orders, and stock prices declined, a private group said.

The 0.3 percent decline in the New York-based Conference Board's gauge of the economy's likely performance over the next three to six months, the biggest since February of 2003, follows a revised 0.1 percent drop in June. The index last fell in consecutive months in early 2003.

Dammit, is the Conference Board a 527 now Scotty McSpokesman?