Items by By LOUIS UCHITELLE
NYT > Business
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Subsidies Aid Rebirth in U.S. Manufacturing
Posted: May 11th, 2012, 2:56pm EDT by By LOUIS UCHITELLE
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There is a quiet realization that American factories need subsidies to survive globally — especially to compete with Asian and European companies that routinely receive government assistance.
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Working For Less: U.S. Manufacturing Gains Jobs as Wages Retreat
Posted: December 30th, 2011, 9:04am EST by By LOUIS UCHITELLE
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General Electric is adding jobs at its appliance factories in Louisville — even bringing some work back from overseas — but the newcomers are earning less than longtime workers.
NYT > Home Page
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Working For Less: U.S. Manufacturing Gains Jobs as Wages Retreat
Posted: December 30th, 2011, 9:04am EST by By LOUIS UCHITELLE
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General Electric is adding jobs at its appliance factories in Louisville — even bringing some work back from overseas — but the newcomers are earning less than longtime workers.
NYT > Business
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Even a Wealthy Suburb Faces Pressure to Curb School Taxes
Posted: March 9th, 2011, 3:13am EST by By LOUIS UCHITELLE
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Even in Bronxville, N.Y., where typical income is high, a look at the property tax trajectory has residents worried.
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Economix: The Case Against Two-Tier Pay
Posted: November 25th, 2010, 7:04pm EST by By LOUIS UCHITELLE
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While many manufacturers in Milwaukee are scrambling to cut labor costs, Bucyrus International, maker of giant coal mining machinery, stands out as an exception.
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Unions Yield on Two-Tier Wage Scales to Preserve Jobs
Posted: November 20th, 2010, 1:10am EST by By LOUIS UCHITELLE
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Union workers are reluctantly agreeing to contracts that create two levels of pay on a permanent, rather than temporary, basis.
NYT > Home Page
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Unions Yield on Two-Tier Wage Scales to Preserve Jobs
Posted: November 20th, 2010, 1:10am EST by By LOUIS UCHITELLE
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Union workers are reluctantly agreeing to contracts that create two levels of pay on a permanent, rather than temporary, basis.
NYT > Business
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Paul Volcker Pushes for Reform, and Regrets His Past Silence
Posted: July 10th, 2010, 9:10pm EDT by By LOUIS UCHITELLE
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Despite his efforts on financial legislation aiming to correct years of deregulation, Paul Volcker is concerned that banks will still have too much wiggle room.
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For Auto Towns, Emissary Is Ambassador of Hope
Posted: March 6th, 2010, 2:50am EST by By LOUIS UCHITELLE
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Edward B. Montgomery is helping depressed former assembly towns tap federal money to build new futures.
NYT > Home Page
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For Auto Towns, Emissary Is Ambassador of Hope
Posted: March 6th, 2010, 2:50am EST by By LOUIS UCHITELLE
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Edward B. Montgomery is helping depressed former assembly towns tap federal money to build new futures.
NYT > Business
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Elders of Wall St. Favor More Regulation
Posted: February 17th, 2010, 1:55am EST by By LOUIS UCHITELLE
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George Soros, Nicholas F. Brady, John S. Reed and others favor the so-called Volcker Rule to restrict bank activities.
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Entering the Superproject Void
Posted: November 28th, 2009, 1:21pm EST by By LOUIS UCHITELLE
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With the Erie Canal and even the Big Dig behind us, the future of giant public works projects is uncertain.
NYT > Home Page
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Seeing Future Perils, Fed Aims to Hold Down Rates
Posted: July 21st, 2009, 9:13pm EDT by By LOUIS UCHITELLE
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Despite positive signs, Ben S. Bernanke said the labor market was weak and interest rates would likely stay low.
NYT > Business
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Obama’s Strategy to Reverse Manufacturing’s Fall
Posted: July 21st, 2009, 2:11am EDT by By LOUIS UCHITELLE
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Policy makers are looking for a way to revive manufacturing, a pillar of a powerful economy.
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When, Oh When, Will HELP Be WANTED?
Posted: July 19th, 2009, 1:15am EDT by By LOUIS UCHITELLE
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Job growth will inevitably resume as the recession gradually ends, but at a trickle, not a torrent.
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Peter L. Bernstein, Explainer of Risks of Stocks, Dies at 90
Posted: June 8th, 2009, 12:29am EDT by By LOUIS UCHITELLE
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Mr. Bernstein embraced and spread efficient market theory, an alternative to stock-picking. He changed the way Americans invest.
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Detroit’s Woes Wound an Army of Suppliers
Posted: June 3rd, 2009, 1:58am EDT by By LOUIS UCHITELLE
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Auto suppliers, which employ more workers than the car companies themselves, find their fortunes directly tied, for better or worse, to the automakers.
NYT > Home Page
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Detroit’s Woes Wound an Army of Suppliers
Posted: June 3rd, 2009, 1:58am EDT by By LOUIS UCHITELLE
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Auto suppliers, which employ more workers than the car companies themselves, find their fortunes directly tied, for better or worse, to the automakers.
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Detroit’s Woes Wound an Army of Suppliers
Posted: June 3rd, 2009, 1:58am EDT by By LOUIS UCHITELLE
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Auto suppliers, which employ more workers than the car companies themselves, find their fortunes directly tied, for better or worse, to the automakers.
NYT > Business
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Once a Key to Recovery, Detroit Adds to the Pain
Posted: June 1st, 2009, 12:39am EDT by By LOUIS UCHITELLE
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American manufacturing, especially at Detroit’s Big Three, is no longer in a position to help end recessions.
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Irrational Exuberance
Posted: April 17th, 2009, 12:42am EDT by By LOUIS UCHITELLE
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Two economists argue that human emotions cause booms and busts, and advocate for broader, more permanent, more disciplinary regulation.
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Pipe Made in India Incenses Illinois Town
Posted: April 16th, 2009, 3:07am EDT by By LOUIS UCHITELLE
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Unions began to widen their efforts against imported steel after a train’s foreign freight for an oil pipeline project was spotted in Granite City, Ill.
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On the Defensive, G.E. Will Reduce Its Dividend
Posted: February 27th, 2009, 10:09pm EST by By LOUIS UCHITELLE
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General Electric will cut its dividend to 10 cents a share in the third quarter. The move will save $9 billion a year.
NYT > Home Page
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‘Buy America’ in Stimulus (but Good Luck With That)
Posted: February 21st, 2009, 3:01am EST by By LOUIS UCHITELLE
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The idea is to rev up the American economy, but the law is full of exceptions, allowing many imports.
NYT > Business
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‘Buy America’ in Stimulus (but Good Luck With That)
Posted: February 21st, 2009, 12:59am EST by By LOUIS UCHITELLE
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The idea is to rev up the American economy, but the law is full of exceptions, allowing many imports.
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Steep Slide in U.S. Economy as Unsold Goods Pile Up
Posted: January 30th, 2009, 8:20pm EST by By LOUIS UCHITELLE
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The gross domestic product saw its sharpest contraction in 26 years in the last quarter of 2008, adding to the urgency of a stimulus package able to rein in the recession.
NYT > Home Page
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Steep Slide in U.S. Economy as Unsold Goods Pile Up
Posted: January 30th, 2009, 7:57pm EST by By LOUIS UCHITELLE
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The gross domestic product saw its sharpest contraction in 26 years in the last quarter of 2008, adding to the urgency of a stimulus package able to rein in the recession.
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Bad Times Spur a Flight to Jobs Viewed as Safe
Posted: January 24th, 2009, 3:30pm EST by By LOUIS UCHITELLE
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There is a new allure around jobs likely to keep a person employed, at reasonable pay, through a prolonged downturn.
NYT > Business
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Unemployment Hits 7.2%, 16-Year High
Posted: January 9th, 2009, 11:11am EST by By LOUIS UCHITELLE
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The economy lost 524,000 jobs in December, bringing the total for 2008 to 2.6 million, and more was expected in months ahead.
NYT > Home Page
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Unemployment Hits 7.2%, 16-Year High
Posted: January 9th, 2009, 10:59am EST by By LOUIS UCHITELLE
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The economy lost 524,000 jobs in December, bringing the total for 2008 to 2.6 million, and a rapidly deteriorating economy promised more in the months ahead.
NYT > Business
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Some Forecasters See a Fast Economic Recovery
Posted: January 3rd, 2009, 1:50am EST by By LOUIS UCHITELLE
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Many economists are heading into the new year declaring that the worst may soon be over. Others are pessimistic.
NYT > Home Page
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Some Forecasters See a Fast Economic Recovery
Posted: January 3rd, 2009, 1:50am EST by By LOUIS UCHITELLE
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Many economists are heading into the new year declaring that the worst may soon be over. Others are pessimistic.
NYT > Business
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Steel Industry, in Slump, Looks to U.S. Stimulus
Posted: January 1st, 2009, 10:40pm EST by By LOUIS UCHITELLE
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The steel industry, a bellwether for the state of the nation’s economy, is looking to the government for a $1 trillion investment program over two years.
NYT > Home Page
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Steel Industry, in Slump, Looks to U.S. Stimulus
Posted: January 1st, 2009, 10:40pm EST by By LOUIS UCHITELLE
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The steel industry, a bellwether for the state of the nation’s economy, is looking to the government for a huge investment program: up to $1 trillion over two years.
NYT > Business
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Maybe It Can’t: A Trap in Obama’s Spending Plan
Posted: December 21st, 2008, 12:39am EST by By LOUIS UCHITELLE
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Huge public investment projects have bolstered the economy in the past. But this time that may not happen.
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Jobless Rate Soars to 6.7% in November
Posted: December 5th, 2008, 10:41am EST by By LOUIS UCHITELLE
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The job losses far exceeded expectations, as November saw the 11th consecutive monthly decline in nonfarm payrolls and the largest since 1974.
NYT > Home Page
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Jobless Rate Soars to 6.7% in November
Posted: December 5th, 2008, 10:41am EST by By LOUIS UCHITELLE
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The job losses far exceeded expectations, as November saw the 11th consecutive monthly decline in nonfarm payrolls and the largest since 1974.
NYT > Business
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Squeezing the Most From a Stimulus Plan
Posted: December 1st, 2008, 2:16am EST by By LOUIS UCHITELLE
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To create jobs, Barack Obama must reverse the economy’s implosion, not just stop it.
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When the Downturn Sailed Into Savannah
Posted: November 30th, 2008, 12:57am EST by By LOUIS UCHITELLE
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In Savannah, Ga., the downturn is chipping away at expansion and prosperity, dimming a 20-year boom.
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Lawmakers Weigh Plan for Stimulus
Posted: October 9th, 2008, 10:12pm EDT by By LOUIS UCHITELLE
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The Democratic leadership in Congress is considering another fiscal stimulus proposal to spark spending by consumers and city and state governments.
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Hey, Big Number, Make Room for the Rest of Us
Posted: August 30th, 2008, 11:52pm EDT by By LOUIS UCHITELLE
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The gross domestic product is all well and good, but as a stand-in gauge for the nation’s overall well-being, this supernumber is less than perfect.
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At the Fed, a Debate Over Countering Inflation Grows Louder
Posted: August 24th, 2008, 11:08pm EDT by By LOUIS UCHITELLE
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Declining oil prices have eased inflationary pressures for the moment, but that hasn’t halted the Federal Reserve’s debate over whether to raise interest rates.
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Export Boom Helps Farms, but Not American Factories
Posted: August 18th, 2008, 12:51am EDT by By LOUIS UCHITELLE
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A surge in U.S. commodity exports is a relief in an otherwise bleak economy, but it is an unreliable prop for an industrial power.
NYT > Home Page
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Export Boom Helps Farms, but Not American Factories
Posted: August 18th, 2008, 12:51am EDT by By LOUIS UCHITELLE
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A surge in U.S. commodity exports is a relief in an otherwise bleak economy, but it is an unreliable prop for an industrial power.
NYT > Business
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Poor Economy Slows Women in Workplace
Posted: July 21st, 2008, 8:46pm EDT by By LOUIS UCHITELLE
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Women in their prime earning years, struggling with an unfriendly economy, are retreating from the work force, either permanently or for long stretches.
NYT > Home Page
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Poor Economy Slows Women in Workplace
Posted: July 21st, 2008, 8:46pm EDT by By LOUIS UCHITELLE
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Women in their prime earning years, struggling with an unfriendly economy, are retreating from the work force, either permanently or for long stretches.
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Fed Shifts Its Concern to Inflation
Posted: June 26th, 2008, 12:02am EDT by By LOUIS UCHITELLE
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The decision to halt a stream of rate cuts signaled concern that rising oil prices will push up the costs of goods and services.
NYT > Business
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Fed Keeps Rates Steady, but Notes Inflation Worries
Posted: June 25th, 2008, 2:25pm EDT by By LOUIS UCHITELLE
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The decision to halt a stream of rate cuts signaled concern that rising oil prices will push up the costs of goods and services.
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Oil Prices Raise Cost of Making Range of Goods
Posted: June 8th, 2008, 8:32am EDT by By LOUIS UCHITELLE
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Companies that make hard goods using raw materials derived from oil are facing unpleasant choices as their costs skyrocket.
NYT > Home Page
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Oil Prices Raise Cost of Making Range of Goods
Posted: June 8th, 2008, 8:32am EDT by By LOUIS UCHITELLE
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Companies that make hard goods using raw materials derived from oil are facing unpleasant choices as their costs skyrocket.
NYT > Business
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The Nation: Think the Economy Is Bad? Wait Till the States Cut Back
Posted: May 31st, 2008, 11:43pm EDT by By LOUIS UCHITELLE
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When the current fiscal year ends on July 1, state and city spending will fall, along with employment.
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Soaring Fuel Prices Take a Withering Toll on Truckers
Posted: May 27th, 2008, 1:16am EDT by By LOUIS UCHITELLE
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Thousands of truckers are selling used rigs in what appears to be the biggest shakeout since trucking was deregulated in 1980.
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The Nation: The Wage That Meant Middle Class
Posted: April 20th, 2008, 1:48am EDT by By LOUIS UCHITELLE
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$20 an hour has a special place in labor history. And history is mostly what it is. -
80,000 Jobs Lost; Democrats Urge Aid Package
Posted: April 5th, 2008, 12:32pm EDT by By LOUIS UCHITELLE
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The speaker of the House said she would propose a second stimulus package amid job losses approaching those seen in 2001.
NYT > Home Page
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80,000 Jobs Lost; Democrats Urge Aid Package
Posted: April 5th, 2008, 12:32pm EDT by By LOUIS UCHITELLE
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The speaker of the House said she would propose a second stimulus package amid job losses approaching those seen in 2001.
NYT > Business
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A Political Comeback: Supply-Side Economics
Posted: March 26th, 2008, 1:59pm EDT by By LOUIS UCHITELLE
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The concept of supply-side economics, introduced by Ronald Reagan when he ran for president in 1980, has made a return in this year’s election campaign, in an amended form.