LAT: "Stagflation worries are mounting" vs Cheney's great economy

from today's LA Times business section - stagflation is the rise of inflation coupled with rising interest rates AND a faltering economy. this article posits the return to the 1970's situation where price rises and economic downturn combine to throw the entire nation into a recession. higher interest rates to combat inflation depress industries currently responsible for keeping the economy afloat, especially the housing market where higher rates depress sales and reduce construction by raising costs and taking consumers out of the game.

This article contrasts with Cheney's assertion that a great economy will yield big success for the repubs
in the fall elections.

what cheney really knows is the electoral fraud may be the biggest guarantor of republican success.

Msongs
www.msongs.com
batik & digital art
put your pics on shirts!

remember that word. That's the club that Reagan used to beat Carter. It would be poetic to have Bush tagged with the same word.

Next one is the misery index.