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June 08, 2008
| State Of The Union | Economy |
The average price of gas here in the US has reached $4 a gallon for the first time. Crude oil is at $138.54 a barrel, up almost $11 in a single day Friday, with Morgan Stanley predicting $150 a barrel by July 4. Unemployment jumped by half a percentage point in May, the largest monthly jump in a generation. And more than a million US homes are now in foreclosure, the most ever.
Tough year to be running as a Republican.
Posted by Jonathan at June 8, 2008 04:14 PM
