Posts Tagged ‘Dow Jones’

4th November
2008
written by JHiggins

The starting point for Barack’s presidency – From REDCATBLUECAT.BLOGSPOT.COM

When Barack Obama was elected:

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

These were the facts as polls closed on 11/4. His domestic success or failure should be measured against them.

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