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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: Zoltan! who wrote (73640)	2/2/2000 5:42:00 PM
From: Dayuhan	Read Replies (3) \| Respond to of 108807

Of course, it was during the 1980's that major restructuring began, when Washington embraced markets as superior to political direction This doesn't mean you thought the change started in Washington? It certainly sounds like that's what you meant. The 1980's was not a "sea change" in our position on the continuum between the two extremes of completely free markets and complete control, both of which are unworkable. We've been sliding along that continuum, as has everyone else, adjusting our position according to the needs of the moment. The '80s ratcheted our position a few notches toward the free market end. It was not that enormous a change, once you get beyond the rhetoric and into what was actually done. The change that made a real difference in the economy, as Erdman suggests, was in the boardrooms of America. The '80s was the age of complacency, the attitude that everything we're doing is right, and all we have to do to succeed is to keep doing what we've always done. The '90's brought a new attitude: everything we do can be done better, and those who do it better will succeed. The first brought stagnation, the second a huge growth spurt. It didn't come from Washington. What was going on in Washington was a product of the same trends.