Quote:
Originally Posted by thedreamer";p="
Private Corpations are generally more shorsighted.
It didn't used to be. But executative pay is based much on short term profit at the expense of long term growth.
Hence the weakness of the global markets and the dot com bubble.
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The dot com bubble was just the business cycle in action. This has been going on for hundreds of years.
Private companies may be short sighted, but the government is blind. They can't think beyond the next election.