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  • The New Economy: Just Another Name for Big Government?

    11/25/2004 10:15:10 AM PST · by Willie Green · 8 replies · 575+ views
    AmericanEconomicAlert.org ^ | Wednesday, November 24, 2004 | Alan Tonelson
    For education and discussion only. Not for commercial use.We couldn't help but be struck by the real message conveyed by a recent brief in the Washington Post Sunday business section on job gains and losses near the nation's capitol. The item juxtaposed the shuttering of General Motors' van assembly plant in Baltimore with the announcement that new high tech jobs were being created in Northern Virginia. At first glance, these developments seemed like an unalloyed triumph of the New Economy and a clear sign that traditional manufacturing is fading into irrelevance. After all, the Post writer emphasized that the GM...