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January 16, 2008
Economics Headlines: Either Bad or Really Bad, Take Your Pick
AP: Energy, Food Costs Balloon US Inflation
Inflation Up by Largest Amount in 17 Years, Industrial Production Flat in December
Bloomberg: U.S. Economy: Inflation Slows, Production Unchanged
I imagine they're both true, but it's interesting how AP seizes on the "we're doomed" factoid while Bloomberg notes that inflation has actually slowed, despite being higher than it's been recently.
There's a lot of emotional space between industry being "flat" and "unchanged," too.