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Report on the Economy, via the Hair Salon

2

There's a price war going among the hair salons and barber shops on Clark Street in Rogers Park, and that's bad news for Alicia, the woman who's been cutting my hair for the last 10 years. It's not just that people have lost jobs and are pinching pennies; it's the price competition. The place right next door has a big sign in the window: Hair Cut $5. And there's another down the street charging the same amount.

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By Patrick Barry
36 weeks ago
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