Word: boom
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Dates: during 1940-1949
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Fact was that something a great deal bigger than any tax bill was going on: an economic revolution in the U.S., in which the nation was beginning a tremendous production boom in the terrible luxury of arms-a boom which was actually a kind of depression, since there would be less & less of the things that prosperity means. Instead of two cars in every ga rage, there would be anti-aircraft guns along the coasts. The U.S. was going into a 1929 boom that already paled 1929; but by the end of the year many a citizen would be more...
There may be a shortage of aluminum for shoes, but horse racing should boom this summer. Thoroughbreds are not likely to be drafted. Most trainers are too old and jockeys too small to serve in the Army. The five-day week will encourage workers with bulging pay envelopes to get acquainted with the "sport of kings." Last week at New York's Jamaica race track, in suburban Long Island, fans set a world's record for pari-mutuel bets. In the first seven days of its spring meeting, $5,786,152 was wagered-an average...
More important, Kaiser's plan would more than double production west of the Rockies, where today there are seven plants (two owned by U.S. Steel, three owned by Bethlehem, two independents) with 1,029,670 tons capacity. Even before the defense boom, Coast consumption far exceeded its capacity; now, with a terrific expansion of shipbuilding, demand and supply are farther apart than ever. A big local steel industry to make the West independent of the East has long been a pet idea of the Army, was urged by President Roosevelt in 1939. Existing steel companies say it would cost...
With a production boom reminiscent of World War I's Hog Island days (TIME, March 31), shipbuilding has looked like a ure bet for strikes. Even without strikes the industry has had enough trouble...
Thanks to city slickers, there was a boom last week in country dances. Victor's square-dance album, Swing Your Partner ($3.25), had sold nearly 2,000 sets fortnight after publication. Columbia had followed with Square Dances ($2.50). Decca, which had already issued single square-dance discs, humped itself to get out albums. The strains of Hull's Victory, Portland Fancy, Buffalo Girl, Arkansaw Traveler were loud in the land...