Word: mayes
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Dates: during 1990-1999
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...mount the biggest protests America has seen since the Vietnam War speaks volumes about the politics of the Clinton era. The centerpiece of the President's "Third Way" or "New Democrat" ideology was to challenge the Republicans' traditional monopoly on being the party of business. The Clinton administration may have have blown hot and then cold on its liberal advocates over the past seven years, but its bottom line has consistently been the bottom line of America...
...China to make a host of concessions to specific U.S. corporations in exchange for WTO membership or leaning on South Africa over importing AIDS drugs from foreign sources that sold them cheaper than U.S. pharmaceutical corporations, the Clinton administration has always been on point for American business. Candidate Clinton may have pilloried President Bush for being too soft on China, but President Clinton has for the most part followed suit, viewing China more as a market rather than as foreign policy competitor...
...course, none of these issues are simple. Labor standards, for example, may appear to be an obviously good idea, but Third World countries are in rebellion against any attempt to enforce them - for the simple reason that cheap labor is all many of them have to offer in the world economy, and enforcing minimum standards may actually destroy hundreds of thousands of jobs in the developing world. Why would a U.S. apparel manufacturer have its wares manufactured in China if it had to pay American-level wages? So just as what's good for business isn't always good...
...corporate prosperity of the Clinton era has been accompanied by an unparalleled growth in American cynicism - and outright hostility - toward Washington's political class. But the Seattle demonstrations - and the political shock wave they sent around America - showed that passive cynicism may be giving way to active outrage...
...will it work? The troubles with Boston Market may have proved that people simply don't want wholesome fast food. However, McDonald's has been on the move under new CEO Jack Greenberg, aquiring Tex-Mex and pizza chains in the past year. And it's not taking too much of a risk - if it can't make the 751 Boston Market franchises (which it snatched at a bargain basement price of $131 million) solvent again, it can easily convert some or all of them into McDonald's or other eateries for significantly less than the cost of building...