Quote:
Originally Posted by tabs
If U recall corporations in the late 80's got lean and mean by getting rid of the dead wood middle management personnel as a means of becoming competitive with Nippon. This by the 90's started to pay off for corporations.
Also you are referring to the lessening of military expenditure due to not having an adversarial relationship with the USSR anymore.
However what generally is not seen is the revaluation of depressed assets once the Cold War and the threat of anhiliaton was over and then there was the coming of age of technlogy, which increased the productivity of the American worker. Not to mention the sales of that tech to other nations.
If you recall there was a thing called the "END OF HISTORY"
One might view the Clinton years as a huge sigh of relief that we had won the Cold War..as such America turned inward by not paying as much atttention to foreign affairs. We also had what I term as an after the war party atomsphere after the rigours of the Cold War. So Clinton was the perfect Party Animal President for the times.
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I agree with a lot of this, I still don't think the U.S. is (or will be) what it used to be though...