- Manyfactorieshavemadecutbacks.Afull75percentsaidtheywouldbemakingcutbacks.Weakconsumerspendingwillleadtocutbacksinbusinessinvestmentplans.Thehugecutbacksofthe1990ssaddledGMwithnearlythreeretireesforeveryactiveworker.Itscutbacksinspendingsincethenhave...
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