Word: repentant
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Dates: during 1990-1999
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Beneath the retrenchment and return to basics one can see the mark of American Calvinism, as consumers pull back and repent what many now consider the evil excesses of the Reagan years. The doomsayers seem to be savoring the chance to put priorities straight. "When the stock market crashed in '87, people thought the party was over -- the bar was still open but the band went home," says a young financier who has been laid off by the junk-bond department of a New York City investment bank. "Well, now the bar has closed...
...repent my own mistakes of judgment about what to support. Too often we relied on administrative means rather than permitting events to develop in a creative direction. We were too concerned with what to restrain, what to forbid. I shared responsibility for that form of governing, but now I'm against it. We have to show tolerance toward change. Do these changes really affect communist ideology? In my opinion...