The inflation rate was 3.7%
Unemployment was 6.5%
The prime was at 4%
The Dow closed at 9,625
The NASDAQ closed at 1,780
The S&P closed at 1,005
Oil was $60 a barrel.
U.S. monthly domestic oil production: appx 155 million barrels
U.S. proven oil reserves: 21.3 billion barrels
U.S. offshore proven reserves: 3.9 billion barrels
Wednesday, November 19, 2008
Hugh gives us The Obamessiah Baseline...
Hugh Hewitt posts a rundown of the economic baseline for The One. These are the numbers on election day, and are to be the gauge on which to judge the effectiveness of the Obomination Administration form this point forward: