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...American Dream that was about to dim. Bookended by 9/11 at the start and a financial wipeout at the end, the first 10 years of this century will very likely go down as the most dispiriting and disillusioning decade Americans have lived through in the post-World War II era. We're still weeks away from the end of '09, but it's not too early to pass judgment. Call it the Decade from Hell, or the Reckoning, or the Decade of Broken Dreams, or the Lost Decade. Call it whatever you want - just give thanks that it is nearly...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

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...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

Perhaps we were lulled into complacency by the exuberance of the end of the Cold War. It was a deception brought on by an unusually positive historical continuum. First, America and the Allies won World War II; then, 45 years later, with the fall of the Berlin Wall, we defeated communism too. After that, maybe we believed the world would be forever free of conflict. Some thinkers called it the end of history. Well, history did not die. It came roaring back. The old conflicts did indeed wither, but new and virulent ones arose...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

...large part, we have ourselves to blame. If you look at the underlying causes of some of the most troubling developments of the decade, you can see some striking common denominators. The raft of financial problems, our war with radical Islam, the collapse of GM and much of our domestic auto industry and even the devastation brought about by Katrina all came about at least in part or were greatly exacerbated...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

Take the vexing and costly war we are waging against al-Qaeda and its ilk. This is a conflict that was barely on the radar in the 1990s - which is exactly the problem. By most accounts, Osama bin Laden founded his organization sometime between 1988 and 1990. The U.S., in part, helped create this loathsome band itself by funding the mujahedin, who fought the Soviets in Afghanistan in the 1980s and provided much of the training for bin Laden's foot soldiers. But our friendly freedom fighters turned into foes. In 1992 al-Qaeda bombed a hotel in Yemen, hoping...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

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