EVER since the New Deal, a common-law marriage has existed between the U.S. Government and private business. Like most such arrangements, the affair has been troubled by tensions and uncertainty. Despite four decades of alliance, the two parties are still wary of each other; at the same time they are becoming increasingly beholden to each other. The Government's money tempts business to ask for more and more aid. Politicians are reluctant to refuse to dole it out because business prosperity is needed to keep voters happy. Last year an otherwise lethargic Congress enacted...
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