Word: pasts
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Dates: during 1980-1989
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While the occasional street activist will inevitably mumble something about "yankee imperialism" and "ruthless American multinationals," the vast majority of Argentines know better: namely that throughout the past 45 years, their economy, along with the Soviet Union's, has been the world's most mismanaged. In fact, Argentina has become the classic example of a nation that, simply through misguided economic policies, has virtually destroyed its once-competitive position in the world economy...
...situation got so bad that by July the wildly-fluctuating Argentine currency (the austral) had fallen during the past year from a value of about $1.25 to roughly one-seventh of a cent. Every Monday morning, the banks were flooded with people desperately trying to change their fast-depreciating australs to U.S. dollars, the de facto national currency that is welcomed almost anywhere...
...Western Europe pursues the promise of a more prosperous and safer era, the recent past seems impossibly remote. Only a few years ago, the area's decline seemed assured. Euro-Communists loomed large, Spain's infant democracy was threatened by a military coup, and terrorists operated so boldly that a former Italian Prime Minister was kidnaped and murdered. West Europeans seemed trapped in a twilight zone of economic entropy and declining international influence. After the deep OPEC-induced recession that ushered in the 1980s, millions of workers remained sidelined, victims of an affliction dubbed Eurosclerosis -- a hardening of the business...
...offspring? Conversations with friends, especially those raising teenagers, suggest that adults with colorful pharmacological histories face unique problems in following the President's exhortation to "talk to your children about drugs." For such parents, family-style drug education often comes down to awkward choices like lying about their own past, feigning a remorse that they do not feel, or piously ordering their children to read lips rather than re- enact deeds. More subtle messages can get lost in the adolescent fog. One 17-year-old I know well seems to misinterpret his parents' preachments about the particularly addictive nature...
...Bennett argues, is indeed a reflection of the nation's values. And as long as American society continues to place a higher premium on titillation than truth and on callousness than compassion, the latest attack on drugs may prove, like all the failed battle plans of the past, to be mostly futile flag waving...