Word: boom
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Dates: during 1960-1969
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...least until the November elections. But inflation would not be held back, and a rising clamor for presidential initiative from both parties convinced Johnson that White House action could no longer be held back either. Last week, acknowledging that the U.S. was in the grip of an "accelerated boom that could be cooled off," he requested emergency action from Congress to do just that...
...surface, the Bobby boom seems incomprehensible. Robert Kennedy, the ruthless kid brother, the vindictive Senate investigator of the 1950s who made no secret of his admiration for his onetime boss, the late Joe McCarthy, the heavy-handed hatchet man of 1960 who ran Jack Kennedy's campaign the way Captain Ahab ran the Pequod, the glowering, omnipresent Attorney General who always seemed to be under fire-Robert Kennedy upstaging the greatest vote getter of them...
Feeling Foxed. Remembering Fowler's words, many businessmen felt foxed last week when President Johnson cited "an exaggerated boom in business investment" and included a 16-month suspension of the credit among his emergency anti-inflationary measures. "A mistaken choice of remedies," said U.S. Steel's Chairman Roger Blough...
...face of the inflationary pressures that are being generated by Viet Nam and domestic spending, the Administration should be working toward a budgetary surplus instead of a deficit. This would be the second, or braking, part of the New Economics, whose expansionary aspects set off the economic boom. Heller called for a boost in taxes to sop up surplus demand, added that "some pruning of low-priority expenditures will also be necessary." Said he: "Our economy is powerful enough to afford guns and butter. But it does not follow that we can afford guns...
Citrus fruit, the arrival of the railroad and Southern California's spreading reputation as a sun-drenched health haven led to a land boom in the 1880s. The landlocked city enhanced its metropolitan status by reaching out 20 miles to annex San Pedro as an outlet to the Pacific. By 1900, the population exceeded 100,000, and when Los Angeles quenched its thirst with an aqueduct to the far-off Owens River Valley in 1913, its destiny was sealed. Los Angeles and its environs claimed well over 2,000,000 inhabitants by 1930. Having emerged after World...