Not really. At least not if you were a minority in the US or a member of the LGBT community. That and anyone living in areas considered by the US to be a third world nation. USA and the USSR both seemed to love invading those. Homophobia, cocaine cartels, AIDS, Iran-Contra, the cold war...it wasn't all it was cracked up to be. This image pretty much represents a world that for the most part only existed on TV and in certain privileged areas/communities. That said bootleg fashion and music helped inspire democratic movements in non-democratic countries and led to a lot of positive change so it wasn't all bad. It just really depends on whether you were fortunate enough to grow up in a reasonably well off family/community or not.