A Dreary Decade's Long Shadow

Terror loomed over the decade from start to finish. So did excessive partisan conflict.

Saturday, Jan. 9, 2010
by Ronald Brownstein
National Journal

How fitting, though dispiriting, that the final major event in the decade that expired last week was a terrorist attack immediately followed by a political firefight over its lessons.

Terror loomed over the decade from start to finish. So did excessive partisan conflict, over security and everything else. That may be two reasons that polls suggest the "Aughts" couldn't end soon enough for most Americans. In a recent Pew Research Center survey, Americans ranked this decade the worst in half a century. Although the 1970s (Vietnam, gasoline lines, the Bee Gees) can stake a claim, it's difficult to quarrel with that judgment or the instinct to close the books on these difficult 10 years.

But that won't be so easy. The economic, demographic, and political trends that most shaped the past decade still loom over the one that has just begun. And although these dynamics are diverse and distinct, they share one common effect: Each is eroding our capacity to build the consensus needed to confront the United States' toughest problems. The most powerful tectonic forces rumbling beneath American life now serve more to separate than to bind.

The first of these is economic weakness. Economic commentators haven't exaggerated in describing this time as "a lost decade for ordinary Americans."

From 2000 to 2008, the median income declined by more than $2,000 and the number of people in poverty increased by more than 8 million. Each of those statistics was the worst 10-year showing in decades. And the ghoulish recession guarantees that both of those numbers deteriorated further in 2009, probably sharply. After generating 23 million new jobs during the 1990s, the economy incredibly produced no net increase in the first decade of the 21st century. Compounding the pain, the stock market ended the decade lower than it began it.

(More here.)
You have read this article with the title A Dreary Decade's Long Shadow. You can bookmark this page URL https://ogbcommunity.blogspot.com/2010/01/dreary-decade-long-shadow.html. Thanks!

No comment for "A Dreary Decade's Long Shadow"

Post a Comment

Labels

1956 Suez War 1973 War 1st Amendment About the Blog Abraham Abu Dhabi Afghanistan agriculture Ahmadinejad Ahmed Mansour airlines Al-Jazeera Al-Qa‘ida Algeria Alzheimer’s AmeriCorps ancient history Anwar Sadat ANZACs appliance rebate April 15 AQAP Arab League Arab newspapers Arab World Arab-Americans Arab-Israeli Issues Arabic language archaeology Asads Ashraf Marwan atrazine Ausrtralia Ayman Nour back pain Bahrain bailouts bank assets to GDP bank capital bank guarantees bank nationalisation Barack Obama being a patient Berbers bethlehem bias billionaires biodiversity Biography birther blahs Blankfein blog action day blogs and blogging books BP brain cancer brain injury brainless bratwurst breast cancer breast cancer Britain Buckley v. Valeo Budget 2009 bully business Cairo camels cancer cancer bonds cancer cause cancer cure cancer detection cancer diagnosis cancer research cancer risk cancer treatment Capital Flows carbon footprint care giving Catholic Church censorship CEO pay Chamber of Commerce chemo brain chemotherapy child abuse China chlorine Christmas Citizens United Citizens United v. Federal Election Commission climate change climate science clinical trials coal coal power coffeehouse gossip college colon cancer colonialism communication Congress Constellation Brands Constitution coping Copts corporations corruption coups credibility Credit Crunch credit default swaps CSAs Cuba cure death debt debt crisis defense issues deficits democratization derivatives DFL diet diglossia Diplomacy distractions doctor appointments doctor questions doctors Don Gordon donating Double Dip Druze Dubai Earth Day earthquakes East Asia and the Middle East economics Egypt ElBaradei elbow elections emotions energy Eurozone Growth Eurozone Spreads exercises extinction fairness Fallujah fat fatigue FDR Federal Reserve film Finance First World War Fiscal Stimulus food football Fox News France fraud Friday Prayer friends funding Gallo Gamal Mubarak Garrison Keillor Gaza GCC Geopolitics George W. Bush Ghajar Global Imbalances global warming Golden Rule Goldman Sachs GOP government debt Greece Greenland Gulf oil spill Gulf states Haiti Hajj Hamas Hariri head injury healing Health health care health care reform health insurance healthcare healthcare reform healthiness healthy eating healthy living Hebron hedge funds Helen Thomas helping herbicides Herding Hizbullah holidays holy places http://www.blogger.com/img/blank.ghttp://www.blogger.com/img/blank.gifif http://www.blogger.com/img/blank.gif humanity humor Husni Mubarak IDF Imazighen income tax incompetence Indian Ocean inflation information technology injections insider trading insolvency insurance intelligence Internet Iran Iraq Iraq war Ireland Islam Islamophobia Israel Israeli newspapers Israeli politics Italy Japan Jerusalem Jim Klobuchar Jordan Judaism Jundallah Koch Industries Kurdish issues Kuwait Kyrgyzstan labor lack of sleep languages learning Lebanon Leukimia levothyroxine Libya life lists Lung cancer Maghreb Maldives Manas Maronites masters of manipulation Mauritania Mecca media medical costs medical errors medical history medical information medication MEI MEI Annual Conference meltdown metastatic cancer Middle East Journal Middle Eastern Christians military affairs Minnesota Minnesota GreenCorps Minnesota taxes monetary policy Morocco mortality Mossad Motivasi Muhammad Naguib Muqtada al-Sadr music music videos Muslim Brotherhood mzerim n Napa Nasser national anthems NATO needles Netanyahu New Deal New York New Zealand news NFL nitrogen pollution no-fly zone Non Sequitur normal nostalgia Nowruz nuclear crisis nuclear weapons Obama obituaries ocean acidification oil Oman Omar Suleiman oncologist optimism organic output gap ovarian cancer overscheduled pain Pakistan Palestine Palestinian Authority palliative Pat Robertson patient rights patriotism Pawlenty Pays d'Oc pesticides pink washing Pinot Noir Plan B planning PLO politics Pope Shenouda III Portfolios Prediction Markets prescriptions press freedom price of risk procedures prostate cancer prostitution protests Public Debt Qadhafi Qatar Quantitative Easing Qur'an radioactive iodine Ras al-Khaimah Ray McGovern Reagan recalls Recession recommendations recurrence remembrance Republican Party research revolutions Richard B. Parker rock bands royalty Rush Limbaugh Saad Zaghloul Saddam Hussein safety sanity Santa Clara County v. Southern Pacific Railroad Satan Saudi Arabia scars Scott Walker Sectarianism settlements Shi‘ism Shin Bet shipping side effects skepticism Skin cancer sleep social justice social networking solar cells solar energy solar power soy Spare Capacity special operations sphagnum moss sports state budget stem cell Stephen Ross Wine Cellars Sterling Streisand Effect stress Stuxnet succession issues Sudan Summits Sunnis Super Bowl support Supreme Court surgery swimming pool Syria Tamazight Target Corp. Target stores tax cuts taxes teaching televangelism television Territorial disputes terrorism testing The ___ Gulf The UK think tanks thyroid cancer Tifinagh time tired Tom Emmer tourism transportation trauma travel Tulocay Winery Tunisia Turkey UAE UK fiscal policy UK Recession unions United Nations universities university US US Administration US Civil War US military US Presidential Election Utah vacation vegetables Veteran Intelligence Professionals for Sanity Veteran's Day video volunteer volunteer work Walid Jumblatt Wall Street water wealth weather Weekend Historical Videos weight loss wellness Western Sahara Wikileaks wine Wisconsin women Woods Hole World War II Yemen YItzhak Rabin young cancer patients Zahi Hawass Zero Bound