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Release Date: Thursday, October 9th 2008
TIME USA: One Bright Spot on Main Street
Thursday, Oct. 09, 2008
Pittsburgh knows all about recessions. This city was left for dead when steel and heavy manufacturing were smothered by globalization that started some 20 years ago. Pittsburgh never had a housing boom. How could it, when a quarter of the population evaporated when the jobs did? Pittsburgh''s finances were so awful that it became a virtual ward of the state in 2003. Is your burg afraid of losing airline service? USAir''s business crashed here in 2002. The spacious airport is half empty on a Sunday.
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