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A Bold Stimulus
When New York Gov. Franklin Delano Roosevelt delivered a commencement address at Oglethorpe University in May 1932, the economic crisis that had befallen the United States three years earlier had already morphed into the Great Depression: One in four Americans was out of work, banks were failing at a rate of 10 per week and the gross national product was at half its pre-crash level. ...more
December 27, 2008
Bush OKs U.S.-Peru Free Trade Deal
President Bush signed a U.S.-Peru free trade agreement Friday, paving the way for stronger economic ties with the Andean nation and boosting the administration's efforts to shore up relations with Latin America. ...more
December 15, 2007
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