Word: boom
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Dates: during 1960-1969
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...median private hourly wage was $2.04 in 1955-against $1.79 for government workers. By 1967, the gap had widened: $3.49 to $3.09. Not many employees any longer consider it a privilege to work for the government. The job security of civil service has lost considerable point in a boom economy, where the demand for labor outstrips the supply. The effect of all this is evident in one statistic. Although union membership nationally has increased only 15% since 1956, it has increased 60% in the field of government...
...JOURNAL (shown on Mondays). "Farewell Arabia" tells of an Arabian sheikdom, Abu Dhabi, which became an air-conditioned boom town when oil was discovered...
...show what is unsatisfactory about his work; to quote anything less is even more unfair because his prose comes in great untrimmed slabs. Sample: "But the mysterious beautiful thing of going to sea occurred that night: just a few hours after all that junk of bars, fighting, streets, subways, boom, there I am standing by the whipping shrouds and snapping lines in the Atlantic Ocean in the night off New Jersey, we're sailing south to Norfolk to load on for Italy, everything is washed away by the clean sea . . . The stars are big, they rock side by side...
Loose Wires. To cool the "feverish boom," Johnson once again "urgently" asked for prompt congressional approval of a temporary 10% surtax. The measure would take $10 billion out of circulation in the next fiscal year, easing pressure on interest rates and prices. At that, 1968 would hardly be austere. According to Johnson's projection, the G.N.P. would still rise more than 7%, to about $846 billion. Of the total, about 4% would reflect genuine gains, with the remaining 3% attributable to inflation. Without the tax bill's restraining influence, the Administration believes, these estimates would be thrown...
...side entrance of the Independence Palace saw a distant blur of moving men. There was a shout: "Open the palace gates! We are the Liberation Army!" Then, rockets blazing, the Viet Cong commandos charged. From that moment on, fighting broke out all over the city, to the crack and boom of rockets, mortars and bazookas, the chop of machine-gun fire and the whine of ricocheting bullets. For the would-be liberators of the Independence Palace, the reply was a hail of fire. Retreating across the streets, the Communists took up positions in a half-completed hotel, killed the first...