I hadn’t heard about this before, would love to learn more. Got any good links?
It destroyed a significant portion of local economies (as several military base towns/cities like Rantoul IL, Lynn MA, and Pittsburg CA saw their economies collapse) and caused our defense industries (Aerospace, Shipbuilding, etc) to be forced to consolidate and ossify.
IMO, we need to re-look Clinton's legacy and see how much of a negative impact his policies had over the long term, just like we are now doing so for Reagan.
https://en.m.wikipedia.org/wiki/National_Partnership_for_Rei...
But, they don't have expertise, just confidence. They generally leave companies in worst shape as they were originally.
The actual experts are then hired from elsewhere.
Goverment is bad is act of faith on the conservatives. They intentionally sabotage it and then claim it can not deliver. You just literally described how small goverment claim was used as a vehicle for corruption.