SOUTHERN LEGISLATIVE CONFERENCE
As states emerge from the Great Recession the deepest broadest and sharpest economic downturn experienced in the United States since the Great Depression state policymakers confront an unenviable set of obstacles. Beyond the multiplicity of short-term challenges associated with balancing their states’ budgets as a result of the steep drop in revenues, policymakers also are struggling with a more structural weakness in our economy: the rapidly eroding manufacturing sector in the United States.
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