Monday, July 18, 2005

Financial Security or Things Obaid Hasn't Told You

Deficit Falls

The projected federal budget deficit has decreased by nearly $100 billion thanks to unexpected increases in tax payments. Rising corporate profits, up 40 percent over 2004, provided most of the extra money.

Gas

Does the average price of a gallon of gas at $2.328 got you in the dumps? You should know this - We are still better off than we were in March 1981 when the real cost of fuel hit its all time high. Back them a gallon cost $1.417 the equivalent of $3.107 a gallon today in inflation adjusted dollars!
SUVs rock!

Unemployment Hits Four-Year Low

Unemployment in June fell to 5%, the lowest level in nearly four years. The drop of 224,000, was the greatest monthly decline in more than a decade.

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