Word: 80s
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...Everyone remembers where we stood in the mid-'80s. The arms race was gathering momentum. The nations of the Third World were in a terrible plight. Regional conflicts constantly threatened to get out of control. Enmity kept the world permanently disturbed and waiting for disaster, for global explosions...
Richardson's indignation, if not his blunt tactics, are widely shared. Beset by tough new regulations and saddled with hastily made loans that went sour in the go-go '80s, many lenders are reluctant to grant credit even to borrowers who present few risks. While the squeeze has so far been greatest in New England and neighboring states, economists are worried that it could swiftly spread. In a report issued two weeks ago, the Federal Reserve Board noted that 80% of the U.S. banks it surveyed said they had tightened their standards on loans for office buildings. A majority...
...experience of two world wars, Korea and especially Vietnam taught doctors that saving injured patients depended as much on speed as on skill. Doctors refer to "the golden hour" after a trauma, before irreversible shock sets in, when lifesaving treatment is most likely to succeed. Beginning in the early '80s, states organized themselves into trauma networks and began tailoring training programs for physicians interested in emergency care as a specialty. The goal was not entirely altruistic: the hope was that most accident victims would be middle class and well insured. "A lot of hospitals looked to trauma victims...
...fact, there is a slight shift in library priorities. During the '80s the emphasis was on restoration. Gregorian liked to call the main building the "people's palace"; the library became perhaps the city's most fashionable benefit cause. But, reflecting the Bush era, the new buzz word is education, the province of the branches. "Essentially, we serve grammar school and junior high kids," says Healy, "and the agenda is not what you read but that you read...
Montparnasse was quite dead after World War II, but it enjoyed a modest revival in the '70s and '80s, when restaurantification became the new fad (and source of higher profits). Old-timers still mourn the fate of the Coupole, a barnlike old brasserie that had served as home to Henry Miller, Lawrence Durrell, Samuel Beckett; it was acquired by a restaurant chain, torn down and rebuilt in 1988 into a sort of yuppie grazing center. More felicitous was the 1986 transformation of the Cafe du Dome, a plain, bare sort of place, where an impoverished writer used to be able...