Archive for September, 2005

Temporary Life 1: The Lying Debutante

Friday, September 30th, 2005

During the recession of the late ’80s and early ’90s, big businesses were suffocating in their own fat, bloated from non-performance-related capital the Reagan Administration had pipelined from public coffers in the form of deregulation, tax cuts and corporate welfare. As these companies were actually failing and realized that they would have to practice economy all on their own or cease to exist, they downsized and reorganized (laid off workers, cut salaries and benefits, and reallocated the work). This is the fascinating story of how that historic trend was instrumental to my becoming a stellar white-collar asshole.

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