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
Random reflections and contemplative thoughts, spiritual insights and humorous anecdotes, fickle film reviews and rambling music musings, occasional (okay, more than occasional) societal and political rants, and a whole lot more... all from the point of view of a humble, constitutional, common sense, conservative, Catholic, work-in-progress kinda guy who never gives up hope, because to be without hope is to become selfish.
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:
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