Peace Dividend Will Disappoint
New York analysis by Michael E. Levy of the National Industrial Conference Board concludes that ending the Vietnam War would free at most about 16 billion annually in federal funds for civilian use, far from a total transformation. He explains the ratchet effect and ongoing defense commitments could absorb a large portion of the peace dividend, with health and welfare, food, and construction sectors most likely to benefit.
MENTIONED IN THIS ARTICLE
New York
NEA
Vietnam
Michael E. Levy
National Industrial Conference Board
Levy
Defense Department
General Accounting Office
Pentagon
U.S
Saigon
Nixon
Enterprise Assn
The Ratchet Effect in Vietnam Peace Dividend
The ratchet effect may redirect at least one-fifth of the postwar funds to defense as wartime preparedness costs rise over prewar levels. An additional eighth funds pacification and reconstruction in Vietnam. At most two-thirds of the peace dividend could be available for domestic civilian use.
MENTIONED IN THIS ARTICLE
Vietnam
Mexican American tensions rising in Los Angeles says panel
Los Angeles AP A national urban commission told a 13 member panel that grievances fueling 1960s era urban riots are building in East Los Angeles Mexican American districts. Witnesses argued fragmented voting power, high unemployment, tense police relations, and bilingual education shortcomings threaten stability amid mounting youth labor and immigration concerns.
MENTIONED IN THIS ARTICLE
Los Angeles
National Urban Coalition
National Advisory Commission On Civil Disorders
America
Richard Martinez
Congress of Mexican - American Unity
Kerner
Illinois
Otto Kerner
Martinez
Also Mentioned on This Page
Baytown
Lucy Linda
Spinet
Power
Ciaal
U.S.D.A
Sitces
Royal Banquet Center
Royal Banquet
Hormel
PAK
Farmer Brown
Wilson's
Bremner
Golden Grain
Cheddar Macaroni
Ae Loaf
Valoun
Food Club Y
Taz, Joxs
Ntal
D.A. Insp
Panty
Springcrest
Veez
By Roger Bollen
Friends of American Writers
Edward Robb Ellis
Don Oakley
Ellis
Kewanee
Fll
Oakley
Aurora
Ohio
Newspaper Enterprise Association
Washington
Chicago
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