[CPEO-IRF] San Diego closure might not be "devastating"

[Lenny Siegel <lsiegel@cpeo.org>]

Economic impact of base closure might be mild

By: EDMOND JACOBY
North County Times (San Diego County, CA)
May 8, 2005

The closure of any one of the larger military bases in San Diego County 
might not have the devastating economic impact predicted by many critics 
of the latest round of Base Realignment and Closure being conducted by 
the Department of Defense, local economists said recently.

The BRAC process, as it is called, has been shrouded in secrecy, so 
loose talk about this base or that base being eliminated is nothing more 
than conjecture. But a survey conducted by the San Diego Regional 
Chamber of Commerce tabulated the contribution that each of the major 
local installations makes to the county's economy, making it possible to 
estimate some economic impacts of a local base closure.

Economists interviewed by the North County Times all said that, while a 
major base closure might send a shudder through nearby communities and 
probably would produce some short-term negative economic effects, those 
effects would not last and probably would not be severe.

...

For the entire article, see
http://www.nctimes.com/articles/2005/05/08/business/news/19_31_195_7_05.txt

--
Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
http://www.cpeo.org

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