Word: euphoria
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Dates: during 1990-1999
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...even the scientists from Bristol-Myers Squibb admit that any euphoria is premature. "I was surprised by the amount of press attention our study received," said Pamela Trail, who led the research team. "Obviously, we're tremendously excited by our data, but the true proof will be in the human trials." Within the next six months, the company will seek the Food and Drug Administration's permission to begin those crucial tests -- and perhaps generate more meaningful headlines...
When a book makes headlines months before its scheduled release, the publisher and author can normally uncross their fingers and alert their accountants. Is such euphoria warranted even when the headlines are rotten? That question concerns Simon & Schuster and Joe McGinniss, the best-selling writer (The Selling of the President, 1968; Fatal Vision) whose forthcoming biography of Edward M. Kennedy, The Last Brother, has been prompting a blizzard of bad news. Biographic License? headlined the Washington Post. The New York Times put the matter, bluntly, on its front page: Kennedy Quotes in New Book Are Invented...
...rating higher than that of any other President at a comparable point. New polls show voters prefer lower taxes and fewer services over higher taxes for more services, a rebuke to the essence of Clinton's program. Perhaps most distressing for the President, for the first time since the euphoria that greeted his election, a large plurality of Americans think the nation is on "the wrong track." Political recovery is possible, even likely; all Presidents have their ups and downs. There are, however, trends worth noting and early warnings worth observing...
...Economists did not need to look far for the meaning: the decline in consumer spending, which accounts for two-thirds of U.S. economic activity, was a clear sign that the euphoria that greeted Bill Clinton's election has ended. Propelled by optimism about the new President, consumer confidence soared in the final three months of 1992 and the economy expanded a healthy 4.7%. But Treasury officials now privately concede that the pace of growth could dip below 2% in the first quarter of this year and bump along at no more than 3% for all of 1993. That would...
...basically been in opposition mode since around 1966, halfway through L.B.J.'s second term (except perhaps for a week or two in 1977 at the beginning of the Carter Administration). For most, that period covers their entire politically aware lives. Many are too young to have experienced firsthand the euphoria of J.F.K.'s Camelot, but are now too old and world-weary to join the twentysomethings who swoon unselfconsciously without shame for Bill Clinton...