Liar, liar, pants on fire

If this Administration had a shred of brains or decency they would have shot the phony Producer Price Index on sight

Headline: 0.1% PPI

"From October 2006 to October 2007, finished goods prices advanced 6.1 percent. Over the same period, the index for finished energy goods climbed 16.6 percent, prices for finished consumer foods rose 7.1 percent, and the index for finished goods other than foods and energy increased 2.5 percent. At the earlier stages of processing, prices received by intermediate goods producers advanced 5.6 percent, while the crude goods index jumped 25.7 percent for the 12 months ended in October.

Finished goods prices +6.1%; Energy goods +16.6%; finished consumer foods +7.1%; finished goods ex-foods and energy +2.5%." And there is NO INFLATION. NONE.

Note the typical headline:

Wholesale Prices Rise Slightly

Tell me again how the Republicans will win anything in November.
Go to The Big Picture for the gory details.