Word: boom
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Dates: during 1960-1969
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Cyclical Roller Coaster. The 80-month U.S. boom reflects a climate of growth, but also stability. A notable measure of that stability was the willingness of the Ford Motor Co. last month to guarantee up to 95% of the annual wages of workers in what has historically been an unstable, layoff-prone industry. Since 1834, the U.S. economy has ridden the cyclical roller coaster through 31 booms and busts. Nobody is willing to predict that cyclical peaks and troughs can entirely be eliminated. But many economists are convinced that with prudent and prompt cooperation between business and Government, business...
...Sinai, it was like a game," he says with an almost puzzled smile. "The tanks and planes sit there, and you go boom-boom--like practice. The air war is very clean, you know. There are no bodies. Sometimes you see soldiers running, no more. In Syria it was more difficult--lots of anti-air-craft." In Syria it was also less anti-septic, for Nadav at least. Returning from runs, he flew through the smoke spiraling off of Ayeleth's burning fields and storage bins. "I thought the whole kibbutz was burning," recalls Nadav. "It made me very...
...Huntington thinks, is rapidly increasing urbanization due to the war economy. When he was in Vietnam four years ago, the country was no more than 15 per cent urban; now about 40 per cent of the people live in cities. Saigon and most other cities have "turned into real boom towns, hit hard by the Honda revolution," Huntington remarks. Saigon's economy is booming, there is no unemployment, and urbanization is snowballing...
...This Land Is Your Land. The gaunt Depression minstrel, with dried-grass hair and a reedy voice, spun off the Oklahoma plains like a cloud of the "dusty old dust" in his ballads to roam the nation singing in transient camps and saloons. His best stanzas staked the folk boom of the '60s, but by then their author was a wasted invalid, "drifting along" his last road in a hospital...
...holding out (though there can be no proof) because Medicaid pays by check, whereas now they can pocket unreported cash fees. Some doctors who do participate are enjoying hugely increased incomes because now they are sought out by patients formerly kept away by pride and poverty. The biggest boom has been in dental services, for which there was a huge and largely unrecognized backlog demand. When Medicaid started, New York paid out less than $1,000,000 in a three-month period for welfare recipients' dental care. Now the quarterly bite is almost $10 million...