Last Friday, the federal government’s long-term debt rating was reduced from AAA to AA+ by Standard and Poor’s, an unprecedented move with unforeseeable consequences. With a shaky stock market that saw a fall of more than 600 points on Monday, East Meadow residents and business owners are sharing in the national anxiety.
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By: Shannon Koehle
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8/10/11
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As ideas go, we think Gov. Andrew Cuomo’s executive order, announced last week at SUNY Old Westbury, creating 10 state regional economic development councils, including one for Long Island, is brilliant. The concept of streamlining the development process — now a byzantine maze of bureaucracy — may be of great value.
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8/4/11
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The summer months tend to make all of us very lazy. Our minds wander, avoiding any kind of deep thinking. We focus on the hot weather, planned vacations, cookouts, sports and dozens of other mindless things. But whether we like it or not, the world around us continues to change, and we can’t ignore those changes.
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8/4/11
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The stakes in this election are too important to accept at face value the slick and often alarmist advertising that candidates put forward as Election Day nears.
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10/7/10
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The state of New York’s economy is precarious. Battered by a recession that saw Wall Street implode — and tens of thousands of workers in the finance industry laid off — the Empire State has been hurting since mid-2008, if not before.
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3/10/10
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For years, the common wisdom has been that American industry is in an irreversible decline. As the reasoning went, our shrinking industrial base would be somehow magically replaced by “service industries” like insurance, finance, consumer retail and a big real estate boom.
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Al D'Amato
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2/18/10
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