by Kirt Sechooler                                                                                                                        Jan, 1996 NEWS ITEM:   May 23, 1992, with the national debt already at some 4 trillion dollars, and with the annual interest payments alone 10 times what the federal government spent on education for the young, Lee Iacocca told a graduating class at John Hopkins University, "My generation did something to yours that was never done to us or to any other generation. We didn’t pay our debts." On the surface, the 1994 rout of the Democratic Party in the House and Senate elections looked as if it was simply a matter of the GOP defeating a tired Democratic Congressional establishment. And while this was certainly part of what happened, there was much more to the story. Over the course of the last two and a half decades, American politics has been essentially defined by a divided form of government, in which Republicans have held the White House an

  The Central Economic Task of Our Times: The Organizational Structure   by Kirt Sechooler Jan, 1996 History Note:   The rate of economic growth in the United States has decreased by one-third since 1973, from a historic average of 3.4% to 2.3%. (LAT 11/12/95) News Item:  Jan. 2, 1996, AT&T announces a nationwide 40,000-job reduction. "It is not the people who have become obsolete. It is the jobs that have become obsolete." (NYT) The Federal Budget crisis and shutdown of the Federal government , the unending downsizing of major American corporations, continuing alongside the wave of corporate mergers and stock buy back programs, the deep problems in the Los Angeles, Chicago and New York school districts, the Aldred Ames affair and the revelations concerning the CIA that the case has caused, the problems in the Philadelphia Police Department, along with the almost total breakdown in Americans’ faith in the two existing major political parties, all of these problems and mor