Word: 90s
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Dates: during 2000-2009
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...spirit endured through the '90s and the 2000s, all the way until the fall of 2008, like an awesome winning streak in Vegas that went on and on and on. American-style capitalism triumphed, and thanks to FedEx and the Web, delayed gratification itself came to seem quaint and unnecessary. So what if every year since the turn of the century the U.S. economy grew more slowly than the global economy? Stuff at Wal-Mart and Costco and money itself stayed supercheap! Even 9/11, which supposedly "changed everything," and the resulting Iraqi debacle came to seem like mere bumps...
...Panic of 2008-09. Those of us old enough to remember life before the 26-year-long spree began will probably spend the rest of our lives dealing with its consequences - in economics, foreign policy, culture, politics, the warp and woof of our daily lives. During the '80s and '90s, we were Wile E. Coyote racing heedlessly across the endless American landscape at maximum speed and then spent the beginning of the 21st century suspended in midair just past the end of the cliff; gravity reasserted itself, and we plummeted...
...want to feel encouraged about our economic near future - not this damned decade but the one to come - ignore the stock traders and go talk to some venture capitalists. They aren't quite giddy (after the '80s and '90s and '00s, beware all giddiness), but they are optimistic about an imminent tide of innovations in technology, energy and transportation. Recall, please, the national mood in the mid-'70s: after the 1960s party, we found ourselves in a slough of despondency, with an oil crisis, a terrible recession, a kind of Weimarish embrace of decadence, national malaise - and at that very...
...complaining, Geithner is likely to get much of the authority he wants. The power he is asking for could be invoked only under explicitly prescribed circumstances, similar to those imposed by Republicans on the FDIC in the early '90s, when it takes dramatic action in case of major banking crises. Though industry officials may gripe, Geithner's fixes are little different from the rules that traditional banks already abide by (and make plenty of profits under). And even the GOP might not have as many philosphical objections as one would expect. On the same day that Geithner rolled...
...Broadcasting Center. “I was [in London] in the 70s, which was a great time, not only for cinema but also for the BBC and its programs,” Schyfter says. After directing a string of documentaries, Schyfter transitioned cautiously to feature-length films in the 90s. “I was very scared, very nervous, but then I realized that I loved working with actors,” Schyfter recalled.Schyfter’s films often focus on female protagonists and deal principally with questions of national identity. She enjoys exploring the feminine perspective...