Consumer Metrics Institute sees "a spectacular deterioration" of consumer behavior due to unicorn shortage and Obama policies, but mostly Obama policies

But, Melvin, he was so historic:

August 14, 2012 - Our Weighted Composite Index Continues to Plunge

The year-over-year data in our Weighted Composite Index has continued a spectacular deterioration over the past month:

...Just as our Weighted Composite Index soared last year as gasoline prices dropped, we are now seeing our year-over-year metrics dive as a result of weakening comparisons against much stronger year-ago consumer activities...

...last year's summer splurge by consumers is clearly visible, as is the general weakening (or re-normalization) during the first half of this year...

...furthermore, we believe that [rising gas prices] could impact short term consumer behavior in the coming months... For [this and other] reasons we don't expect any of our charts to reverse course prior to November 6th.

But, hey, we didn't need that Keystone XL pipeline, did we?