September 13, 2012

THE GOOD NEWS FOR OBAMA IS THAT THE EMBASSY ATTACKS WILL DISTRACT PEOPLE FROM THIS BAD ECONOMIC NEWS: Jobless Claims in U.S. Rose More Than Forecast Last Week. “The number of Americans filing applications for unemployment benefits rose more than projected last week, showing scant improvement on the outlook for jobs. Jobless claims increased 15,000 in the week ended Sept. 8, the biggest gain in almost two months, to 382,000, Labor Department figures showed today in Washington. The median forecast of 50 economists surveyed by Bloomberg called for 370,000 claims. . . . The jobless rate has been stuck above 8 percent since February 2009, the longest stretch in monthly records going back to 1948.” Unexpectedly!

UPDATE: Wholesale Gas Prices Up Most In 3 Years.

How’s that hopey-changey stuff workin’ out for ya?