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Politics : Liberalism: Do You Agree We've Had Enough of It?
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From: Kenneth E. Phillipps7/15/2008 10:25:43 AM
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Stagflation returns with a vengeance. Inflation grows at fastest pace in 27 years
June wholesale prices surge 1.8%, propelled by soaring gas and food costs; biggest monthly rise since November.

WASHINGTON (AP) -- The economy showed the depth of its twin problems on Tuesday, slow growth and rising inflation, as the nation wrestled with a teetering financial system, a slumping dollar and rising prices for food and fuel.

money.cnn.com
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