Word: boom
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Dates: during 1970-1979
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After the boom, slump. Millet had died in 1875, having greatly influenced Gauguin, Cézanne, Seurat, blue-period Picasso and especially Vincent Van Gogh. Later, modernism lost interest in images of rural labor; they were derided as sentimental masscult. Millet sank from view, leaving behind one obdurate cliché: The Angelus, in its tacky frame, on every parlor wall...
...boom is over, and Puerto Rico's future is clouded...
After approximately the year 2005, when large numbers of people born during the post-World War II baby boom begin retiring, there will be a rapid increase in the number of individuals receiving benefits relative to the number of people working. Between 2005 and 2035, the combined payroll tax on employer and employee would have to rise from about 12% of covered earnings to more than 16% of covered earnings, according to the Social Security advisory council. Should birth rates turn upward again, this long-range financing problem would be smaller. But if they decline or turn up less than...
...18th century, its reception often provided occasions for gathering and celebration. It is the frequency of its reception that makes the real difference. When the entertainment appears daily, even hourly, the focus becomes the transmitter, not the information. This may be the only way of coping with the fact boom: personalizing information by identifying the story with the teller. Being talked about gives the politician, the athlete, the artist a legitimacy. The celebrant was once a person who performed a religious rite; now the celebrant is the creator of the celebrity. It is not strange that television broadcasters should...
...Models. Volkswagen's comeback partly reflects a boom in auto sales in Germany, where registrations last year were only a hair short of the record 2.15 million of 1971. But to get back into the black, the company had to slash labor costs and wean itself away from the product that made it famous: the Beetle. As late as 1972, VW made 1.2 million Beetles worldwide, selling a third of them to the U.S. Since 1971, revaluation of the deutsche mark has lifted the Beetle's price to around $3,500, from about...