.- weound out in the 1990s that thathen thunemployme re golow , ate would iwith very producticonomy,don't necessarily get ination when unemployment drops. we don't necessarily schoumacher: prodtity was a key factor in keeping inflation down. but another ctor was the globalization of business. e inoducon of market foes, freetrade, and wispread deregulation meant that international played much largerole in our economyhan before. lcker: japan's been almostflak meant that international plrope's bn growgrole in our every swly before. til recently, particularly with a higlel ofnemploen so if you look at e world as a whole, while we were expanding, there was ready availabilityf goods. those citins have e option of buying from abroad. there was a loof emphasis on expen resaint. and that was particularly strong during the 1990s. there was a great debate at the beginning of the clinton administration about how to deal with what was perceived as a relatively small recession, but nonetheless a recession, what to do. there were those who wanted to spend their way out, and others said no, let's ha