Word: smokestack
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Dates: during 1980-1989
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...field, it is impossible." By January 1967 it was this way: "It would be just my luck to have the bombers come over North Viet Nam and the lead plane would be piloted by a boy from Johnson City and he'd put a bomb right down the smokestack of a Soviet ship in Haiphong Harbor...
...company's most publicized environmental problems have involved pollution. In the late 1960s, environmentalists charged that a Union Carbide iron-alloy plant in Alloy, W Va., was "the smokiest factory in the world." Since then, the company has reduced smokestack emissions at its factories and adopted measures to ensure the safe disposal of chemical wastes...
Indeed most of the issues receiving current national attention--the state of education, the difficulty of making the transition from a smokestack economy to the world of computer chips and microprocesors, homelessness in the midst of economic recovery--come to head most starkly, most compellingly in cities. Cities in the 1980s, as in the 1930s, present many of the most basic--and most interesting issues--facing this country, issues which test our capacity to deal with social and economic change...
Instead, Hart proposes using tax incentives to retrain workers and encourage industry to modernize. But unlike many, including Reagan, he does not want to abandon the traditional "smokestack" producers in the process. Hart is an early backer of Kennedy School lecturer Robert B. Reich's "industrial policy" to rejuvenate ailing industries using the government to negotiate compacts between management, labor, and the financial markets. Hart has also proposed a reform in entitlement programs to cut costs, and has advocated an active Federal Reserve Board to target interest rates to promote economic growth...
Last week's surgery was by far the most drastic by a single steel company in an industry battered mercilessly during the past decade by rapidly changing economic forces. Steel has been the hardest hit of America's once proud smokestack industries, and mill business has picked up only slightly with the economic recovery...