Word: boom
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Dates: during 1980-1989
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Today the same people incarnate modern Arab lore emerging from the magic elixir of oil. The oil price boom in 1973 began barely two years after seven gulf emirates-Abu Dhabi, Dubai, Sharjah, Ajman, Umm al Qaiwain, Ras al Khaimah and Fujairah-set aside tribal quarrels to form a loose federation. The cornucopia of oil money has yielded perhaps the highest per capita income in the world for Emirates citizens (in excess of $100,000 a year) and created a cradle-to-grave welfare state. But the Emirates face the most serious population imbalance in the region: of a population...
...Baby Boom, the much celebrated bufge in the United States population, sired by millions of World War Two veterans and their contemporaries. They-those young adults born between 1945 and 1955-are the one certainty in the American future. Clever investment strategists know that those "boomers," now frolicking in Club Med or their favorite singles bars, are buying homes (housing boom, now underway) and will begin retiring in about three decades (projected Florida real estate boom...
David S. Broder, professional political trend-watcher for the Washington Post, sees the Boom too, and announces portentously at the beginning of his new book that "America is changing hands." As they swelled colleges in the sixties, grad schools in the early seventies and jogging tracks in the late seventies, the Baby Boom children are coming to city halls, state houses and Capitol Hill. In his latest book, Changing of the *uard: Power and Leadership in America, Broder profiles the top contenders to be leaders of the new era, the best and the brightest of the generation of McGeorge Bundy...
...Boys have ambitious plans of their own for the big Two Zero. Mike Love has told reporters the band will play in Copenhagen, London, Washington, Los Angeles and Honolulu, all on the Fourth of July next. Sounds like they'll need a Concorde for transport between shows. Is sonic boom surfing just around the corner...
...movie idea. "There's a certain reward," he says. "A very personal reward from all this. But I don't know, sometimes I just want to disappear. Poof! 'Excuse me while I disappear.' Deadlines, schedules, obligations, responsibilities. Sometimes the work just kinda drills. But then something comes along and boom boom -- everything's okay. So what are you going to do? Marry the girl...