While is was wandering around the Internet(s), searching for a transcript on Ramsey Clark, regarding his comments about Saddam not being able to get a fair trial, which is something (a fair trial, that is) that could have happened while Saddam was in charge, I ran across an interesting Washington Post piece, dated Nov 6, 1992:
Now that he has been elected president on a promise to turn around the U.S. economy, Bill Clinton is about to face a sobering reality: There is not much any president can do to halt the steady stream of layoffs flowing from corporate America.
In the last two weeks, for example, such blue-chip names as American Express Co., Borden Inc. and Bristol-Myers Squibb Co. announced they would collectively eliminate about 15,000 jobs over the next year, while General Motors Corp. directors considered plans to idle thousands more.
Those reductions are similar to ones announced over the past two months by airlines, computer makers, insurance companies, defense contractors, banks and major oil companies, and they are making it difficult for the economy to take its usual course toward recovery, according to economists.
Something more than the traditional workings of the business cycle is driving those big layoffs and job reductions, according to economists and company executives.
Interesting. But, of course, the Post now takes the position that any minor downturn in the economy is Bush’s fault, and that W should "do something" about outsourcing. Of course, they ignore that America insources better jobs then they outsource.
The rest of the article is about the shift in business models, well worth the short read.
Anyhow, anyone want to claim that Ramsey Clark isn’t an anti-American Surrender Monkey?
