05/17/1992
https://www.presidency.ucsb.edu...
"The goals of EDA programs can be better met at the Federal level through the Administration's national policies of fostering economic expansion and job creation."
"In the case of highly distressed areas, incentives such as those in the Administration's Enterprise Zone proposal would be more effective than the EDA programs."
"I want to be sure that the Soviets understand our position..."
"EDA programs have been ineffective in stimulating economic development."