Word: boom
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Dates: during 1970-1979
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...past several years. In gravest danger are the small, unselective liberal arts schools: with tiny endowments and few Government research grants, they lean on tuition for 80% or more of their revenue. Unfortunately for them, that prop will soon begin to wobble. With the great postwar baby boom petering out, the number of 18-year-olds in the U.S. population is about to decline sharply. The crop should peak at 4.3 million this year, then drop annually, falling a total of 25% by 1992. Notes Harvard President Derek Bok: "The institutions that closed in the past few years...
Certainly some foreign purchases have occurred, and ads offering U.S. farm land dance across European newspapers and magazines. Still, aliens are neither big buyers nor big owners of land. In the unlikely event that a buying boom were to start tomorrow, it would not hurt either farmers or the country as a whole...
...form of Modernist dogmatism, what Charles Jencks called "the rationalization of taste into clichés based on statistical averages of style and theme," turned out to be the official style of the '50s and '60s. When repeated ad nauseam by architects all over the U.S. during the building boom of the 1950s, to the point where the curtain-wall grid had become the "rational," cost-account face of capitalism itself, it was bound to provoke a reaction...
...ultimate goal is a good job. While helping women to master such basics as writing a resume and surviving a job interview, the centers also work on finding openings and persuading employers to take a chance on older women. In boom areas like Texas, that may be enough. But in Baltimore, where there are not enough jobs, Cynthia Marano says, "We have learned to focus on creating jobs." Example: the Baltimore center helped clients start eight cleaning businesses...
...predictable." But then price boosts speeded up from Jan. 1 onward far faster than anyone had expected. The 1978 rise of 9.5% compares with 6.8% last year. The increase was particularly unnerving because there was no obvious, overwhelming cause-no oil crisis or crop failure or wild speculative boom. Rapid inflation came to be recognized not as an aberration but as a terrifying built-in tendency, a consequence of too many demands being put by too many people on a limited amount of national wealth. In an April speech, Carter put the point in a striking metaphor: "Inflation has become...