Path: bloom-picayune.mit.edu!snorkelwacker.mit.edu!americast.com!americast.com!americast-post Newsgroups: americast.latimes.money From: americast-post@AmeriCast.Com Organization: American Cybercasting Approved: americast-post@AmeriCast.com Subject: OTHER NEWS Date: Thu, 19 Nov 92 07:09:49 EST Message-ID: HEADLINE: OTHER NEWS Publication Date: Wednesday November 18, 1992 BYLINE: Clinton Plan May Help California's Economy: Only a vigorous national recovery--with annual growth of 4% to 5%--will pull California out of its persistent economic slump, according to the Center for Continuing Study of the California Economy. "In the short term, all other issues (e.g., workers' compensation, regulation, infrastructure investment) are secondary in magnitude to having a strong national recovery," says the report by economists Stephen Levy and Robert K. Arnold. Fortunately, the report adds, several elements of President-elect Bill Clinton's economic proposals would meet the state's greatest needs: reducing the federal deficit, promoting technological competitiveness, aiding displaced workers and disrupted communities, boosting training and fixing infrastructure. This article is copyright 1992 The Los Angeles Times Home Edition. Redistribution to other sites is not permitted except by arrangement with American Cybercasting Corporation. For more information, send-email to usa@AmeriCast.COM