Word: 1990s
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...during his first few years in office, and the young senator relied on a group of Harvard professors to help educate him about issues such as civil rights and health care.His civil rights victories included successfully fighting to protect the Voting Rights Act, increasing the minimum wage in the 1990s, and passing the Americans with Disabilities Act in 1990—the last of which was held particularly close to his heart because of the mental disability of his older sister Rosemary.Kennedy’s senate staffers were known for being particularly hardworking and dedicated to the senator, according...
...years old, it would be a stretch to claim that I was aware of the market’s rise that summer (whatever interest I could afford to the news was gobbled up by the much more interesting Monica Lewinsky). But with hindsight, the boom of the 1990s seem perfectly captured by that record-shattering season...
...death in 1972, which served as an explosive punctuation mark at the close of the “60s” and ushered in the era of what-do-we-do-now malaise, stagflation, oil shocks and Nixon’s demise. Finally, the economic boom of the 1990s and early 2000s had its home-run kings, whose singular ability to hit balls farther and more frequently than any players before captured the hearts and minds of fans and, while the balls kept flying, obscured the underlying instability of the boom...
...Likening steroids and other performance enhancing drugs to the exotic derivatives and over-leveraging of the 1990s and 2000s may be a too convenient conceit. Nevertheless, there are startling similarities that once again reaffirm baseball’s unique position in American society as a pitch-perfect mimic of the economic and political climate...
...Similarly, the boom times of the late 1990s and 2000s—first the technology bubble, then the real estate bubble—were driven by over-leveraging and willful ignorance. Like PEDs of baseball’s elite, the acronyms of the financial world—CDOs, CDSs, LBOs, etc.—were not skills or products in and of themselves. Rather, like PEDs, they were once-exotic, unregulated tools that allowed really smart people to make a ton of money and marginally smart people to come along for the ride, eventually becoming common and insidiously far-reaching...