(S (S (S (BASENP (DT The) (JJ local) (NN economy)) (VP (VBZ has) (VP (VBN been) (VP (VBN paralyzed))))) (CONJP (COMMA ,) (CC and)) (S (BASENP (NN unemployment)) (VP (VBZ has) (VP (VBN reached) (BASENP (JJ dramatic) (NNS highs)))))) (PERIOD .))