The standoff with Arizona and the never-ending BP disaster have spurred enmity between taxpayers, government, and businesses. Opportunism spurred by the discord will compel legislators to pass bills to give the appearance of action, and to appease special interests eager to seize the moment.
The president’s political roots harken back to Chicago, so he knows the lesson of the 1979 snowstorm that was the beginning of the end for Mayor Michael Bilandic. He also knows that culpability is rarely the issue in politics. As any street-level Chicago hood will tell you, the most important thing is to make sure that you always have someone to rat on if you are unlucky enough to get caught.
The launch of Sputnik I on October 4, 1957, caught America by surprise. In the face of President Eisenhower’s support of the Vanguard proposal, the Soviet Union’s unexpected milestone shocked us into accelerating our aerospace program, led to the creation of NASA, and ultimately delivered three astronauts to the moon on July 20, 1969.
Part I: The Employment Picture
We have accepted for decades that the decline of U.S. manufacturing is inevitable, with lengthy analyses since the 1970s dedicated to finding a root cause for the inexorable deterioration of this vital sector of our economy.