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January 28, 1988

The Journalism Forum and the American Culture program sponsored a lecture by New York Times economic writer Leonard Silk on “The United States in the World Economy” in Blodgett Hall. Silk spoke about the effects of “Reaganomics” on the domestic and global economy, suggesting that the rapidly increasing trade deficit was a flaw in the Reagan plan. “The great majority of people,” he said, “think something is wrong, and I am with that sizable majority.” Silk also predicted that the next six months would show “very slow growth or a recession.”

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