How Newt Gingrich Saved the Military Industrial Complex
The idea of economic conversion, of retooling and retraining pieces of the military industrial complex to build what other wealthy nations have (infrastructure, energy, education, etc.) converged with the end of the Cold War two decades back. It was time for a peace dividend as well as a little sanity in public spending. Among the cosponsors of a bill to begin economic conversion in the late 1980s was a guy by the name of Leon Panetta.
Standing in the way was Congressman Newt Gingrich (Republican, Lockheed Martin).
As Mary Beth Sullivan recounts ( http://MIC50.org ),
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