Word: boom
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Dates: during 1980-1989
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...conditions were so unique; we were in the midst of an economic boom, America had a very strong position in the world economically and we thought we could drop out, do our thing and then come back any time. I've decided that serious radicalism thrives best when liberalism is in power because liberalism makes promises which it can't always keep and then disillusionment follows...
Even economic observers agreed that the boom in upscale business--for items like Southampton beach estates, Porsches, and $1000 silk business suits--would soon reverse itself. People would invest more cautiously, and live more modest lives. Values would change. Fewer would be able to afford extravagance for its own sake...
Powell believes the new boom in boards occurred because everyone recognizes the "legitimacy of the street terrain." Longtime Skateboarder Thatcher speaks to a deeper appeal: "The skater doesn't have to rely on anybody or anything to do his sport. He doesn't need a wave, a ski slope or a team, and he likes it that way." The police, of course, do not, and the buoyant banditry of skateboarding can lead the law a merry chase. "To skateboard you've got to be aggressive, and you've got to be a little crazy," says Roger Mullen, 17, of Ventura...
...markets: aircraft, office equipment and telecommunications gear. Says U.S. Trade Representative Clayton Yeutter: "The lower dollar has thrown open doors that were closed to American exporters for much of the decade." Says Robert Ortner, an Under Secretary for Economic Affairs at the Commerce Department: "This is a genuine export boom...
Students today say that the activism of the 1980s, although it attracts less attention than did the protest movements of 20 years ago, is a more effective method of achieving lasting change. "The 1960s were characterized by the baby-boom surge in youth culture, but the student movement that sparked in 1965 collapsed in 1971. What we have now is a much more enduring organization," Perkins says...