7/20/17 – Y2K
We can finally say good-bye to the threat of the Y2K bug.
Here’s what’s happening behind the headlines.
Twenty years after preparations began the federal government is ending requirements to track the so-called Y2K bug.
In 1997, actions were begun to avert what some thought was a coming catastrophe. Many electronic systems formatted a year’s date using only the final two digits. Such as 97, 98, and 99. It was thought that systems would mistake the year 2000 as the 1900 creating unimaginable havoc.
Government at the federal, state and local levels prepared for the worst. So did business.
Some predicted a disaster of epic proportions. In the end, the year 2000 came and went. With a whimper.
But this didn’t end directives from Washington. Government agencies were required to take precautions and report efforts to mitigate Y2K. These directives were still in effect 17 years, after the fact, wasting thousands of man-hours annually.
Days ago, the White House canceled 7 directives [here, here, here, here, here, here, & here] still in effect. The Clinton, Bush and Obama Administrations allowed these unnecessary regulations to continue. But the regulations – like the Y2K bug – are now a thing of the past.