[揽瓜阁精读] 285.南加州和新英格兰

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285-----这几段主要是指出两个地方的similarities
生词：boom-bust大起大落
----背景----
1990 national recessions produced particularly severe in NE (1989) and SC (1990) ----both experienced a more severe employment fell

Share some characteristics:
1. same size (total employment) +详细数据描述
2. main difference in the service and finance sectors: NE more in service and less in finance类 //sectoral composition quiet similar
3. conventional wisdom regarding to the cause is similar: manufacturing decline + boom-bust cycle in real estate

Similar characteristics = similar regional recession?
[the role of policy] <-----analysists
后文将讨论政策在其中的影响

查不喜欢

讲述了这两个地方的衰退的原因（相似性）：经济结构和制造业衰退、经历了房地产繁荣和衰退；新的问题是政策的影响

Premiere

285 南加州和英格兰
P1：NE 1 year prior to the 1990 national recession. SC recession the same time with the national one. Both areas employment rate fell more sharply than national level
P2: same trait 1.economies nearly same size NE has more workforce in services and smaller percentage in finance, insurance etc.(SC more in these fields)
P3: 2. cause of downturns is similar durable manufacturing
P4:policy

吱野