This column was written by CBS News Early Show co-anchor
I don't know if you noticed, but consumer confidence is at a two year low in the United States. There are all kinds of ideas about why that is — price of gas, the housing bubble, hurricanes.
I can report with some authority that consumer confidence in my house is not lagging. A teenage boy I know well was regaling me recently with the virtues and prices of the newest technologically advanced big screen TV sets.
We went crazy a couple of years ago and bought a big screen. It was our first new TV in ages. I thought I'd be out of the new TV market for awhile. And while I may be, this teenager I know well has not been able to curb his enthusiasm for the newer and cheaper screens. Or for phones and iPods and computers and in the last year, clothes.
I say, as my father said, "You know, money doesn't grow on trees."
He says, "Look how cool this is."
I'm confident this teenager I know is ready to consume his butt off.
Harry's daily commentary can be heard on many across the country.
By Harry Smith