Raw Story links to CNN News Videos that discuss the highest oil prices ever at $139 a barrel resulting in a huge jump in energy costs, the largest jump in unemployment in 22 years with 325,000 jobs lost since Jan of this year, and another sell off in the stock market. CNN Video of Bush Labor Secretary Chau indicating that unemployment was up because of new graduates from school (no mention that if you are a new graduate you cannot file for unemployment immediately). Well presented video compilation from CNN that inflation is up, people cannot afford gas, home values are decreasing but Bush says we are not in a recession. Story helps fit the pieces together on the economy.

Short and sweet it calls the president out on a dumb answer to the jobless report yesterday. If this type of report took place eight years ago we might not be in all the mess we are in now.

This is a short blip of a story so it is hard to tell everything behind it. It would have been good to talk about what really is wrong with the economy, the oil prices and Republicans cashing out but then that is another story.