Bad News for the GOP: Inflation Rate Worst in *17* Years
"HK" wrote in message
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Inflation Rate Is Worst in 17 Years
WASHINGTON (AP) -- Higher costs for energy and food last year pushed
inflation up by the largest amount in 17 years, even though prices
generally remained tame outside of those two areas. Meanwhile, industrial
output was flat in December, more evidence of a significant slowdown in
the economy. Consumer prices rose by 4.1 percent for all of 2007, up
sharply from a 2.5 percent increase in 2006, the Labor Department said
Wednesday. Consumers felt the pain when they filled up their gas tanks or
shopped for groceries. Prices for both energy and food shot up by the
largest amount since 1990.
Actually the opening line was: 'Under Nancy Pelosi and the Democrat
controlled Congress'
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