Bill Clinton: “That's right. But I've been amazed, frankly, at the number of adaptations that a lot of these defense corporations are…”

“That's right. But I've been amazed, frankly, at the number of adaptations that a lot of these defense corporations are coming up with. I realize it's harder in boat manufacturing, maybe it is some sort of electronic circuitry, for example, or other kinds of weapons manufacturers. But we are working very hard on that. We've got this advanced technology project where the Government basically funds, on a competitive basis, proposals by defense industries to convert to domestic nondefense purposes. And so far the results of the last year and a half have been incredibly encouraging to me. I can't say there will be a solution for every problem, but I'm confident that we're moving in the right direction on it. [The participant expressed his support for retraining programs.]”