New Castle besieged by slow Chrysler recovery
New Castle Indiana faces continued job loss as Chrysler Corp. rehires lag, with about 2,000 workers yet to return. The town of 20,000 still relies on auto industry jobs, while a shrinking labor force and rising free lunches reveal a stubborn economic slump amid a modest corporate rebound. Local leaders and residents express cautious optimism tainted by slow recovery and out-migration.
MENTIONED IN THIS ARTICLE
New Castle
Ind
Indiana
Larry Prince
Betty
Rex Edwards
Larry
Barb
Prince
Chrysler Corp
Chrysler
Morton Marcus
Indiana University
Michigan
Ohio
Pennsylvania
UAW
Steve Jones
Gene Land
State Farm Insurance
Jesse Grace
Barb’s
Bud Ayers
Henry County
Alton Rader
Indiana Employment Security Division
Bill Marlett
Deficit hits 1984 US budget with $25 billion shortfall
The Treasury reports fiscal 1984 began with $70.23 billion in outlays and $45.16 billion in receipts for October, a $25.07 billion gap. Interest on the public debt accounted for over 40 percent of the shortfall, with deficits exceeding $20 billion in six months and a May high of $29.3 billion.
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Washington
Treasury Department
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Elyria
Mr. Larry
the Chronicle
Larry Teich
MR. Larry’s
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OAT Athern Savings and Loan Company
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