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Default Bad News for the GOP: Inflation Rate Worst in *17* Years

Calif Bill wrote:
"HK" wrote in message
...
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'



Sorry, Bilious, but the Democrats do not control Congress. They have
simple majorities. When you control Congress, you have supermajorities,
enough votes in your own party to control legislation and to overturn
presidential vetoes.

Not to worry. Next January, the Democrats will control the White House
and increase their simple majorities in Congress.

Unless your write-in campaign for Zell Miller or some other lunatic
succeeds.

What economic policies there are in place now are those of the Bush
Administration.

Bad news for the GOP. So sad.


 
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