California's Missile Gap
加州经济复苏慢于全美，核心是洛杉矶地区军购削减导致的结构性变化。华盛顿无法恢复原有支出，市场也无法自行解决，加州需政策调整促进商业扩张。
The California economy is not recovering from recession at the same pace as the rest of the nation. At the core of its persistent economic problems lies a structural change in the California economy—the cutbacks in military procurement in the Los Angeles area. It is now on a new and lower growth path. Washington will not be able to step in and restore the previous level of spending: the amounts are just too big. And market forces will not, by themselves, overcome the state's structural problems. If it is not to continue to lag behind the rest of the United States, California must make policy changes to encourage business expansion and retention. Because heroic changes in Californian politics, however overdue and desirable, are not realistic, we have to look to some simple measures that California should take to begin to climb onto a higher growth trajectory.