This is more like:
1. "Steroid Era" - Misnamed because pitcher fatigue and 'tard leagues playing good hitters out of position also contribute to outrageous home run totals
2. "Overreaction to the so-called 'Steroid Era'" - Admin listens to the Chicken Littles complaining about "Too many homers" and artificially dilutes the effectiveness of hitters with 80-100 power ratings.
3. "Manager adjustment to the 'Overreaction'" - Managers take Rob Deer and Gorman Thomas out of the lineup because his homers aren't worth his bad fielding , and take lousy fielding, mis-positioned hitters out of the lineup in favor of good fielders and shift everyone down a notch in the fielding hierarchy. In other words, the thumper (who isn't thumping as much) playing 1B gets replaced in the lineup by a slick fielding SS, and the hitter playing SS moves to 3B, the 3B goes to RF, the RF goes to LF, and the LF goes to 1B.
Net result of the Manager adjustment = MUCH fewer homers and more singles because we've now replaced Rob Deer with Omar Vizquel (and better fielding across the board)
4. Now we have the "Overreaction to the drastic unforeseen homer drop-off because of the Manager adjustment" where 80-100 power rating guys will essentially get re-boosted, and make their way back to playability in a lineup. Of course, ADMIN makes all these decisions in a vacuum, and assumes all other variables remain constant, and we'll have yet more unforeseen consequences to the re-boost.
Followed by another overreaction and so on and so on...