Word: boom
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Dates: during 1980-1989
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...entrepreneurs know that if they succeed they can reap far greater financial rewards than can the most generously salaried worker. An estimated 2 million U.S. men and women are millionaires, and nearly 90% of them earned their fortune by starting their own firm. The small-business boom shows no signs of slowing. Even last October's stock-market crash discouraged start-ups only briefly. Jane Morris, editor of the Venture Capital Journal, reckons that venture funding for new enterprises this year may surpass last year's record of $3.9 billion...
What may deal the Hunt fortune a fatal blow is the fallout from the brothers' role in the great silver-price boom and bust of 1980. Thousands of investors who lost money in the debacle are suing the Hunts. On Saturday the brothers lost a civil case that could set an ominous precedent. A six-member federal jury in New York City found that the Hunts conspired to corner the silver market, and held them liable to pay $63 million in damages to Minpeco, a Peruvian mineral-marketing company that suffered heavy losses in the silver crash. Under federal antitrust...
...Watch my vice-presidential decision," Bush urged in a TIME interview three weeks ago. "That will tell all." To the Vice President, the selection of Quayle, 41, a blond, boyish, baby-boom, back-bench Senator from Indiana, represented a bold leap across generational boundaries. Bush, it seemed, had looked in the mirror and found what was most needed in the second-banana role that he had played for eight years: a younger version of himself. Quayle radiates the same bumptious enthusiasm, the same uncritical loyalty, the same palpable gratitude and the same malleable mind-set that Bush brought...
There is no more difficult political role than that of a conservative from the baby-boom generation. Attitudes and behavior that were commonplace in the late 1960s -- about drugs, sex, military service -- are now viewed with post- factum moralism through the prism of two decades of cultural revisionism. By 1969 millions of American men of draft age would have gone to great lengths to avoid combat in the most unpopular war in the nation's history. Is an entire generation of draft avoiders, who stayed within the law, barred from high political office? Or is there a special standard...
...idea that Quayle is suddenly going to deliver the youth vote to Bush is unlikely as well. The so-called Baby Boom generation is an incredibly diverse one which, like most other generations, does not vote as a monolithic bloc. None of this year's likely Baby Boomer presidential candidates (Gary Hart or Joe Biden) went anywhere, as voters were quick to recognize that, like Quayle, these two candidates were all style and very little substance...