Word: boom
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Dates: during 1940-1949
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Last year was even better-and this year promised to be paradise. But OPA, which reckons paradise in terms of consumers, stepped in with a price ceiling that throttled Wenatchee's boom. Last week the growers had to sell their apples at $2.53 a 44-lb. box, could ask no premium for fancy quality and fancy wrappings. The growers, who always regarded apples as a gamble for high stakes, were in the sad fix of a man watching a casino raided just when the dice were getting...
...Sure," said baseball's greatest catcher. "We pitched you high and inside all the time. If we pitched you outside it was BOOM. What's your name, anyhow...
...Ruml insisted that businessmen who fear a so-called "compensatory" fiscal policy because it implies vast Federal deficits in bad years should remember that such a policy also calls for public debt retirement in boom years as a brake on the overexpansion of private industry...
...cycle-and to keep prices high just when lower prices are most needed to stimulate demand-is the fact that cost accountants figure overhead per unit of output by the simple process of dividing each year's overhead by the number of units sold. This inflates profits in boom years, deepens deficits in bad years. Why not, said Industrialist Sloan, figure overhead costs as a long-term average based on annual productive capacity...
...Commerce Department reported a boom in domestic tax-paid consumption, 180,000,000,000 cigarets in 1940 to an estimated 300,000,000,000 this, year, with tax-free exports, Lend-Lease and cigarets for the armed forces adding to demand. The department noted that manufacturers had already dipped into their 1944 and 1945 supply (curing requires two or three years). Adding this all up, the Commerce Department concluded: there will be a shortage of cigarets...