Word: boom
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Dates: during 1940-1949
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...boom, a depression...
Cassandra Cherne predicts that the U.S. will wind up with a possible 19,000,000 unemployed unless it raises its economy to a higher productive level than 1940's. He sees little chance of raising U.S. economy to such a point. For, says he, the expected roaring postwar boom will not occur; spotty prosperity will make some industries hum and others lag, while unemployment increases...
...there no hope for a postwar boom in the $100,000,000,000 which U.S. civilians have tucked away in savings? No, says Prophet Cherne. "Everything will compel you to hold on to your money rather than spend it. ... There will be termination [of war contracts], unemployment . . . take-home pay will fall because of the reduction in hours and overtime. You're going to wait for prices to come down . . . for new products. . . . Most important, the war economy didn't tighten your belt too uncomfortably. . . . You haven't been starved enough so you'll want to rush out madly...
Despite the blighting effects of war, U.S. tournament golf is enjoying an unprecedented boom. Fortnight ago professionals who were still free to travel finished the spring circuit with some record scores. Last week they set out on the summer circuit after some record prizes...
...just sounding the warning [siren screech] and now flak is coming up in the sky with streamers from the warships behind us. ... Now the darkness has come on us. These planes you hear overhead are the motors of the Nazis coming and going in the cloudy sky. . . . [Deep boom']. . . . That was a bomb hit. Another one! Fire bursts and the flak and streamers going out in a diagonal slant (loud crash of ack-ack) right over our head. . . . Flares are coming down now. You can hear the machine gunning. . . . Here's heavy ack-ack now [loud firing and muffled shouts...