Word: 1980s
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Dates: during 1990-1999
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...invitee estimated the events' cost at $80,000 each). Privately, she contributed $70,000 to Newt Gingrich's political-action committee, GOPAC. A daughter, Deborah, worked for Senator Jesse Helms as a Foreign Relations Committee aide, specializing in the right-wing Latin American parties Helms favored in the 1980s. (She has since left the foundation board.) Mark, a board member, worked for Jerry Falwell before founding the DeMoss Group, a p.r. firm for evangelists like Billy Graham's son Franklin. Mark's father-in-law is Art Williams, the insurance magnate who bailed out Falwell's debt-ridden Liberty University...
...tougher still to imagine that it would work, as a lot of CEOs apparently now do. Major businesses like Pfizer, American Express and Southwest Airlines, along with much smaller outfits, are laying out more than $55.3 billion annually--almost twice what they spent in the mid-1980s--on training. And the hottest new training device is the offsite, a company- or department-wide session away from the office. But today's offsite isn't a few meetings in a windowless hotel banquet room followed by a round of golf and cocktails. More likely it's built around a truly exotic...
...what a wild ride! You would think, perhaps, that the Japanese would be used to it. After all, this is the nation that saw a helium-pumped stock market rise 500% in the 1980s, the country that experienced some of the world's fastest economic growth from 1949 to 1991, the land where "better, faster, cooler" products are a national obsession. But frankly, the Japanese are not enjoying the financial ride they are on at this moment. Since the start of the year, Japan's Nikkei index has gone up nearly 30%. (In the U.S., the Dow has risen...
With the influence of the consulting apparatus, it's not hard to see how the modern political machine can make idealism chimerical--a sad social construct. We all know this: For all the retail politics, modern campaigns are about 1980s buzzwords like organization and strategy--and 1990s buzzwords like synergy and Internet...
DIED. DONALD ENGEN, 75, head of the National Air and Space Museum and a much decorated Navy pilot; when the glider in which he was a passenger crashed near Minden, Nev., while he was on vacation with his wife. A gliding enthusiast who headed the FAA in the 1980s, Engen oversaw the exhibition of such gems as the Spirit of St. Louis, which Charles Lindbergh flew across the Atlantic...