Word: boom
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...towards defense industries that funds for other government services are curtailed. But defense spending is neither an appropriate anti-recession measure nor, hopefully, a permanent cushion for an over-produced economy. To raise the weapons budget in times of depression will constitute an excuse for axing it during a boom, and there is, of course, some hope that the arms race can be restricted sufficiently to prevent over-emphasis on defense spending...
Moreover, the challenge of persistent unemployment may not yet be upon us, but barring an unnatural boom (like another war), it will arrive soon. Unless it is met with more intelligence and imagination than the Administration has shown in dealing with the less serious recession problem, the consequences will be severe indeed. The failure to adjust to affluence may bring the oft-heralded demise of capitalism...
PUERTO RICO'S BOOM is being slowed by U.S. recession. From February through April, only 13 U.S. firms announced that they planned to open plants on island, v. 42 plants during same period last year. But Puerto Rico reports pickup since mid-April, expects more than 20 starts this month...
...down still farther -and pushed many an exporting nation into a financial crisis. Many of those hardest hit were also the victims of their own financial inexperience and ambition. While the money was rolling in, they spent too much on too many of the wrong things, figuring that the boom would last forever...
Many a company has helped along the restoration boom. New Jersey's Scandinavia Belting Co. still makes transmission linings for the Ford Model A and Model T. In the East, at least three major wheelwrights make wheels for the oldsters. Western Auto Supply. Sears. Roebuck and Montgomery Ward market parts for the Model T. Firestone Tire & Rubber sells several thousand antique tires a year, priced up to $67.55 each (for the Stanley Steamer and Stutz...