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They're Democrats, you say? One might not think so to read the economic blueprint unveiled by the House Democratic Caucus recently. It calls for balanced budgets, lower tax rates, and long-term investment in growth industries. No pleas for job programs or full employment.

How to distinguish Democrats, then, from Republicans? The Democratic caucus committee favors government participation in long-term economic planning. That may turn off Reaganites, but it's an idea supported by many economists and industrialists.

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The country may build a consensus yet.

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