Status of Software Reuse

What are people's feelings about the state of software reuse? I was thinking about this, strangely enough, because I saw someone with one of those t-shirts with the red "kiss" print and thought of Dr. Carma McClure, who used to put that on all her overhead slides at the James Martin presentations.

It still seems to me that despite the rise of object oriented development environments like Java, few clbuttes are actually coded in a way that makes them generally reusable to any greater extent than an old fashioned COBOL overlay segment or a loader library module.

It's not so much the tools, since reusability was possible even before CASE tools. My feeling is that it reflects the demands of the business environment. Business managers typically don't care if an application's code is reusable. They want it now, with more features. Reusability is too long term to interest them in today's climate, ISTM. Most people don't even bother with decent exception handling.

Of course the code gets reused anyway, with attendant hackery and loss of clear structured control flows, but by that time the present contract is likely over anyway, so the same players are not involved.