Word: boom
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Dates: during 1970-1979
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...most serious remaining objection to the Concorde is the noise it inflicts on people who live near airports. As long as the Concordes are limited to speeds below Mach 1 (660 m.p.h. at sea level) while flying over land, the black visions of perpetual sonic boom and house-crumbling roars are without any substance...
Like Paris in the Belle Epoque or Berlin in the '20s, Shanghai in the '30s was not only a city but a state of mind. When Chiang Ch'ing arrived in 1933, it was an Oriental boom town that neither Japanese aggression nor worldwide Depression could seriously daunt. Since the late '20s its population had grown by a third, to well over 3 million, its real estate values had trebled, and skyscrapers had pierced its once low skyline. At the same time-such was the city's schizophrenia-Shanghai contained vast pockets of poverty...
...from a peak of 3.76 children per woman to a record low of 1.75 last year. Though it may rise in the next 30 years, it is highly improbable that Americans in the foreseeable future will again engage in the great procreational spree of the postwar years. The baby boom has become a bust...
...very few-demographers think that there will soon be a mini-boom in the U.S. birth rate, as couples who have deferred parenthood decide to start families. Most experts, however, discount an end to the birth dearth. With the exception of the aberrant twelve-year postwar fertility surge, they point out, the birth rate has been declining in the U.S. since...
...estimated that only one out of three Americans will be a taxpayer, and that liened group should be more heavily composed of the middle aged. In contrast to the whiz-kid executive syndrome of the '70s-a direct result of the baby boom-the reins of power will revert to older hands. For the middle-age, middle-management sector, there will be fewer shots at the top, though there will be more titular promotions and merit raises to reward the faithful. On the positive side, lessened competition may result in heightened creativity. People may concentrate on doing what they...