Word: boom
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Dates: during 1940-1949
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Taxation looks simple this year: almost all States have a whopping surplus, built up by the application of depression-born taxes on the wartime boom. Many considered cutting taxes; Illinois invested $40,000,000 in war bonds. But a ghost haunted them all: the shades of departed millions of dollars of revenue from the loss of gas and auto taxes...
...earth, Imperial Industrial Corp., was rolling steadily forward last week. Imperial Industrial Corp. belches no great plume of smoke over the industrial landscape; it is, simply, all that is left of the U.S. pianola roll business. But Imperial is a complete monopoly and it is enjoying a small boom, largely produced by A.F. of M. Boss James Caesar Petrillo's ban on phonograph recording (TIME, June...
This ingenious sales campaign by OPA immediately whetted many a statistically minded brain to apply OPA's reasoning to other economic data. For instance, in the boom year of 1929 the cost of living was 27% above the depression year of 1932. Multiplying the national income in 1932 (which roughly represents net production) by this percentage, one arrives at the mystic figure of $11 billions, represented by the middle block above. This is the amount of money which the American public apparently "saved" through falling prices and the worst depression in history. Conversely, between 1932 and 1942 the cost...
Meanwhile, although Eastern gasoline prices probably will advance 1½?per gallon and wine prices were lifted slightly to cover higher transportation costs, the Government persisted in trying to hold its ceiling prices on most non-farm products and services, thus aiding & abetting a wild buying boom (see below). Strangest decision of all was that of the Federal Communications Commission, which proudly announced that it was saving the U.S. $34,700,000 per year by persuading American Telephone & Telegraph Co. to cut its long-distance overtime rates at the very time when the company is far overburdened with long-distance...
...objection to playing minor roles, usually succeeds in making them seem major. No scene-stealer, he can be counted on to help inexperienced members of the cast. A wonderful example of what the Italians call a basso cantante ("singing bass"), he combines baritone agility with bass sonority and boom. That voice, at the Metropolitan and in concert tours, grosses between $75,000 and $100,000 a year...