Word: labor
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Dates: during 1960-1969
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Since 1956, when Congress authorized the program, federal and state agencies have poured $23.3 billion into the economy for land, labor, construction materials and equipment. Real estate prices along the roads have risen as much as thirtyfold, putting adjoining land among the nation's most expensive property. Around expressway interchanges and exits, new motels, restaurants, gas stations, shopping centers and even office buildings have sprung...
Many isolated, drowsy communities -placed within commuting time of cities by the new roads-have suddenly come alive and prospered. To take advantage of the expanded labor force and markets made accessible by expressways, industry is clustering new plants on land surrounding the interchanges...
...cities to recoup their taxable property losses is to put up buildings right over the highways, as New York City has done on the westbound approach to the George Washington Bridge. Last week, following that lead, the District of Columbia granted air rights to the Department of Labor to build a $47.6 million office building that will straddle the planned Washington Inner Loop Freeway near the foot of Capitol Hill...
Weighed down by the world's highest taxes, labor and construction costs, the U.S. merchant fleet survives only by dint of vast Government subsidies...
Though a moral outrage and a physical eyesore, it has stanched the drain of manpower that until 1961 was the worst economic problem in Walter Ulbricht's grim satellite. By thus stabilizing the labor force and preventing much-needed technicians from escaping to the West, the Wall has contributed substantially to a rise in East German production...