Word: transport
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Dates: during 1980-1989
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...riel captured from the disintegrating South Vietnamese army and left behind by U.S. forces. Hanoi's high command has ingeniously combined its multinational matériel. Pilots trained in Moscow fly U.S. A-37 ground-attack jets and F-5 fighter-bombers. Airborne troops drop from Soviet transport planes wearing American parachutes. Chinese-made ships, donated by Peking during the Viet Nam War, have been equipped with new Soviet guns for patrol duty near the Chinese coast...
...economic times, however, will not solve the deep-seated problem of declining key U.S. industries. Automobiles, steel and rubber are all operating at Depression levels, plagued by aging plants, declining productivity, entrenched labor unions, restrictive Government regulations and fierce foreign competition. Highways and railroads, the vital infrastructure needed to transport goods, are badly deteriorated. In major industries like farm machinery and consumer electronics, foreign manufacturers have captured increasingly large shares of the U.S. market. America has fallen behind important world competitors, such as Japan and West Germany, in capital formation, saving and investment, spending on research and development, and growth...
...theory does not always work out, however, in practice. In Europe, it has led to projects like the British-French Concorde, the money-losing supersonic transport that has never found a viable market. Says Otto Eckstein, president of Data Resources Inc. and a member of TIME'S Board of Economists: "It's pretty clear that if we are going to have industrial policy in the U.S., it will back losers, not winners. The whole subject of industrial policy in Washington quickly degenerates into steel...
...exhausting ice hearings, where they were obliged to show that they would not hurt existing firms. Truckers already on the road naturally protested that they would suffer. Timothy Person, a black St. Louis mover of household goods, worked for nearly 30 years to have his company licensed to transport goods outside Missouri. Nine national carriers opposed him, but in February Person finally won a nationwide license...
...case of Mozambique. That is true in Zimbabwe as well. The goal is to aim at the maximum possible cooperation, interchange, even interdependence, without getting involved with the differing political philosophies. There are some in South Africa who have been critical of even this approach-a diplomacy based on transport, food and energy. But I think the [goal of] interaction is generally accepted because South Africa obviously cannot exist in isolation...