Quote of the day

At an estate sale this past weekend, I bought a couple copies of the last editions of the Washington Star newspaper. This article is from page A5 of the edition from 7/26/1981:

Urban Zones Plan Questioned in Study

The concept of "urban enterprise zones" could help the nation's distressed cities but cannot substitute for a comprehensive urban policy, a new study said yesterday.

Such zones would create tax and other business incentives aimed at economic development and job creation in the nation's disadvantaged areas. The concept has emerged as a primary element of the Reagan administration's long-awaited urban policy.

The new study was by Peter Tropper of the Northeast-Midwest Institute.