Obama ran on a platform of "change," and was fond of pointing out how horrible everything is -- that is, how much it needs his "changing." OK, let's hold him to it. Here's the benchmark. On election day,
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