Topics are in the instruction Essay Example | Topics and Well Written Essays - 1250 words

Topics are in the instruction - Essay ExampleThe American manufacturing companies, in trying to soften the impact of the economic crunch, resorted to several strategies aimed at restoring growth and profitability. One scheme adopted was flexibility which entailed shifting out their operations to areas within and outside the country which would minimize in operation(p) and labor costs. The target areas were those which had low-wage anti-labor policies in place. Thus, between the years 1969 and 1976, many an(prenominal) of the major cities which previously housed large manufacturing plants put together themselves at the edge of bankruptcy because of job and gross losses brought about by the closures of these plants (Gibson 39).The growing revenue deficit brought about by manufacturing relocations and closures was aggravated by outmoded capital facilities, declining tax bases, soaring pack for public services, debt ceilings and taxpayer rebellions which resulted in the inability of these cities to prevent the widening gap between expenditures and revenue resources. To avert catastrophe, many of these cities resorted to increasing taxes, abolishing jobs, calling off or deferring construction projects, and even cutting services (Cooke 2007 pp 213-214).The HOPE VI program is a housing policy passed by the US Congress in 1993 which is aimed at alleviating meagerness in public housing. It targets three areas physical improvements management improvements and community services to address resident necessitate (Hope VI, Public and Indian Housing). HOPE VIs primary distinguishing feature is that it is not underpinned by scattering of residents of housing projects to various communities but to revive the housing projects themselves. The Housing & Urban Developments figure for this project is pegged at $5.6 billion covering 231 areas all over the country (Arrighi & Maume 2007 pp79).To make HOPE VI housing projects viable, the project involves the