Word: returns
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Dates: during 1990-1990
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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...
What is to be done? Representative Washington has it exactly backward. Forget the crumbs, demand reparations. It is time for a historic compromise: a monetary reparation to blacks for centuries of oppression in return for the total abolition of all programs of racial preference. A one-time cash payment in return for a new era of irrevocable color blindness...
...earnestness was much in evidence in 1990, with the return of the spirit of do-goodism. The environment became the last best cause, the ultimate guilt- free issue. In 1990 it seemed that everything had to be either biodegradable or cholesterol free. The return, once again, of '60s fashions on Seventh Avenue and '60s rhetoric on college campuses betokened a revival of activism...
Sorry, No Cigar Doesn't anyone return Fidel Castro's phone calls these days? The aging dictator saw most of his communist soul mates get tossed onto the dustheap of history, and the cash-strapped Soviets may be close to ending their $5 billion annual subsidy. Castro's efforts to expand tourism won't make up the difference...
...conference ended with a warning that the A.N.C. would pull out of talks with Pretoria unless the government freed all political prisoners and permitted all exiles to return by next April 30. Delegates also threatened a campaign of strikes and boycotts to back up their demands. President F.W. de Klerk warned in turn against such "outmoded" radicalism, calling on the A.N.C. to decide whether it wanted peaceful, negotiated solutions or a return to the confrontations of the past...