Word: 1980s
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...just collapsed, and the recession that followed in its wake had an instantaneous and crippling effect on cultural production. In fashion and its allied trades, the contraction in the economy forced an untimely end to the "Designer Boom" that defined the Tokyo high street for much of the 1980s ... [But in Harajuku], a tentative sense of revival was afoot. In its warren of side-streets, ancient storefronts and crumbling housing complexes, a scrappy group of designer/proprietors, many of them looking fresh out of high school, began to open apparel stores... enterprising magazine editors took to calling this retailing boom...
...Served as the Marines' top lobbyist in the Senate during the early 1980s - where his first boss was Navy Captain John McCain...
...Many U.S. doctors and dentists were appalled at the idea of their patients turning to foreign hospitals for care that they considered dangerously cheap. But where many U.S. medical professionals saw great peril, countries like Cuba saw opportunities. Beginning in the late 1980s, the island country started programs to lure foreigners from India, Latin America and Europe for eye surgeries, heart procedures and cosmetic procedures. The Cuban government said it welcomed 2,000 medical tourists in 1990. (See pictures from an X-Ray studio...
...historical comparison, the expected rise in the number of impoverished in this recession is relatively normal. During the recession years of the 1980s, the number of people in poverty rose by 9.2 million, an increase of more than a third. The recession of the 1990s was not quite as deep but still increased the number of people in poverty by 6.5 million. But those falling into poverty now face harder prospects and need more government help, Greenstein says, because many social safety nets have been cut away since past economic downturns. (See pictures of the recession...
...number of policy changes at both state and federal levels have left basic cash-assistance programs scarce, the center's study argues. State general-assistance programs were largely eliminated across the country in the late 1980s and early '90s, except for programs benefiting the disabled. On the federal level, only about 40% of families eligible for cash assistance under the Temporary Assistance for Needy Families program actually receive it. That is about half the percentage of families eligible for the program's predecessor (the Aid to Families with Dependent Children program) that received benefits during the recessions of earlier decades...