Economic Diversification: Hearing Before the Subcommittee on Economic Stabilization of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred First Congress, First Session, June 13, 1989, Volume 4

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Page 69 - One of the most significant lessons of our World War II experience was that the American economy, when it operates at a level approaching full efficiency, can provide enormous resources for purposes other than civilian consumption while simultaneously providing a high standard of living.
Page 7 - Code. (C) In fixing the sale or lease value of property to be disposed of under subparagraph (A) and subparagraph (B) of this paragraph, the Board shall take into consideration any benefit which 'has accrued or may accrue to the United States from the use of such property by any such State, political subdivision, instrumentality, or institution.
Page 81 - A process of technical, industrial, and human deterioration has been set in motion within American society. The competence of the industrial system is being eroded at its base. Entire industries are falling into technical disrepair, and there is massive loss of productive employment because of inability to hold even domestic markets against foreign competition.
Page 73 - appropriate for school, classroom, or other educational use" may be sold or leased to tax-supported and other nonprofit educational institutions. (b) That in fixing the sale or lease value of such property the Board "shall take into consideration any benefit which has accrued or may accrue to the United States from use of such property" by the educational institution.
Page 13 - Mr. Chairman. I would ask that my entire statement be included in the record.
Page 134 - Pentagon's findings give evidence that closing a military base need not be and often is not the local catastrophe that most people expect.
Page 84 - If such a blue-print is completed in a timely manner — that is, before the contract reduction is announced, the community would be able to implement the transition of the facility, retrain its workers, and start production without the massive employee layoffs and community disruption which often occurs with contract cancellations.
Page 88 - Finally, the bill provides for adjustment assistance for communities and workers while conversion is underway. Communities seriously affected by defense cutbacks would be eligible for Federal planning assistance, and individual workers would be eligible for adjustment benefits, including funds for retraining.

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