By Andrea Hopkins
Reuters Fri Sep 8, 2006 CINCINNATI - David and Donna Pfirman have had plenty of political debates, but the Republican husband and Democratic wife agree on one thing: the U.S. economy keeps getting worse, and neither will vote Republican in November.
"Under this current administration, my income has dropped every year -- and I'm not working any less," said David, 37, who has been selling cars for Toyota in Cincinnati for 12 years. Pfirman said his income has fallen to $48,000 from $75,000 six years ago as the sluggish economy keeps more car buyers at home. Donna, 36, has been luckier, but only barely. She has a government job and gets a 4 percent annual raise -- enough to keep pace with inflation, but not enough to offset her rising health insurance premiums. |
By Neil Chatterjee
Reuters Monday, September 11, 2006; 2:11 AM SINGAPORE (Reuters) - Oil prices slipped under $66 on Monday, adding to last week's slide on an improved U.S. supply picture and signs of easing tension over Iran's nuclear program.
U.S. light crude for October delivery fell 44 cents to $65.81 a barrel by 0605 GMT, hitting a new five-month low of $65.68. It had plunged $1.07 on Friday and lost over 4 percent last week. London Brent crude fell 34 cents to $64.99. Comment: Now that summer vacations are over, oil prices are falling. Er, we mean, now that "the supply picture" is looking good, oil prices are going down.
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