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In part, this balanced approach was likely motivated by the significant slowdown in U.S. productivity growth, uptick in inflation, and, by the mid-1970s, doubling of the unemployment rate that coincided with the expansion of federal oversight into areas such as environmental quality. 2 To better understand the potential effects of environmental regulation on the economy several government reports were commissioned to investigate the potential impacts on a wide array of measures, including national economic growth, industries and firms, employment, and consumers (e.g., U.S. CEQ, 1971).
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Congress sets January 7, 1789 as the date by which states are required to choose electors for the country's first-ever presidential election. A month later, on February 4, George Washington was elected president by state electors and sworn into office on April 30, 1789. The first US presidential election is curious because of some reasons .
It was free labor for the owners
