Word: questions
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Dates: during 2000-2009
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...this question has been sidelined by the mainstream media’s emphasis on Hasan’s heritage, to the great detriment of Arab and Muslim-American communities, who share the grief that all Americans feel for the victims and their families. While we acknowledge the existence of fundamentalists, we—as Arab-Americans—reject the immediate and exaggerated portrayal of this incident as yet another example of Middle Eastern extremism. Hasan was only one of the 3,500 military officials of Arab descent, and one of 20,000 Muslim Americans patriotically serving our country...
Then came the defining moment of the decade, the terrorist attacks of 9/11, which redefined global politics for at least a generation and caused us to question the continental security we had until then rarely worried about. We waged war in Afghanistan that drags on and today is deadlier than ever. Then came our fiasco in Iraq. Don't forget the anthrax letters and later the Washington, D.C., snipers and the wave of Wall Street scandals highlighted by Enron and WorldCom. (See a photo-essay on 9/11 first responders...
...once labeled it - the fall has been precipitous. Who among us is unscathed? Not many. Even if none of your family members died in combat, you had no money with Madoff and you own your house free and clear, you most likely still took a hit. To paraphrase the question Ronald Reagan posed years ago, Are you better off today than you were at the beginning of the decade? For most of us, the answer is a resounding no. Let us count the ways. For one thing, the stock market is down 26% since 2000, making this the worst decade...
What Went Wrong So here's the big question: Why? Why did so much bad stuff happen in this decade? Was it just rotten luck or something more? Sure, some of it was simply randomness, but I think a strong case can be made that it was more than just chance that got things so bollixed up. (See TIME's special "Out of Work in America...
There's also a natural cycle to history. Unless you believe that this country is in the throes of a deep and permanent decline, there's no question that we will rebound. "Usually when you've had a really bad decade like this one, the next decade turns out to be much better for investors," says Richard Sylla, a professor of economics at the NYU Stern School of Business. "Probably 10 years from now, people who are investing today are going to have fairly nice returns." Over time, stocks have averaged a total return of about 9%. Remember, stocks were...