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Each generation believes that technology and modernization is overtaking their way of life and forcing change upon them. In 1938, the very success of consumerism—that people have choices they never had before—placed stress on some people who had grown up making very few decisions as there was only one way to do almost everything. In the late 20th century having 500 television channels and thousands of more entertainment and educational possibilities with the Internet was a source of great stress for an entire generation of people who for most of their lives chose from the three major networks for their entertainment.
Fulbright was hinting to the Senate that the United States should make some effort to collaborate with the Soviet Union – certainly an “unthinkable” in the 1960s.
On military or foreign policy matters his view was that presidents ought not to rule anything in or out so that he/she can keep all the options open and not reduce future flexibility.
The Chancellor was referring to the United States George W. Bush proposal for war with Iraq.