The Economy: The Squeeze Of the Freeze

A SIGN in a Chicago appliance store urges: "SUPPORT THE PRESIDENT, BUY A FREEZER." That prompted Chicago Daily News Columnist Robert J. Herguth to ask: "After 90 days, a sale on defrosters?" All over the U.S., the freeze is touching people's lives in myriad ways. A sampling of its effects last week:

IN PASADENA, CALIF., Rose Bowl officials stopped selling tickets to the Jan. 1 classic pending a ruling by the Cost of Living Council on whether a proposed price hike from $8 to $10 is legal. Though the game will be played after...

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