Word: boom
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Dates: during 1980-1989
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...better part of a year, President Jose Sarney of Brazil has taken a hard line on economic policy. His current goal: to combat runaway consumer spending, which threatens to boost imports and weaken Brazil's trade balance. To rein in the boom, Sarney last month raised taxes and increased prices on consumer items. Since then, labor leaders have demonstrated against Sarney, but the President has stood firm...
...doubts and dangers along the road. Since its start in 1982, the expansion has been refreshed at crucial intervals, first by the plunge of interest rates and later by the fall of oil prices. Now, at 49 months and counting, the durable recovery is already the second longest peacetime boom in U.S. history, after the 58-month expansion...
...very late and I heard a long screech, like a bomb about to go off, and then the boom of the crash," said Adams House A-entry resident Ann M. Colin '87, who said she heard the accident from her room...
...stores are enjoying an especially large pre-Christmas boom. Store employees at both Papagallo, in the Galeria, and The Cambridge Shops, on Holyoke St., reported that sales were off slightly this year...
Auction fever has also been fueled by the stock boom, which has created a new class of mega-rich Americans, some of whom are doubtless more interested in the prestige that comes with the ownership of art than they are in the art itself. "A few years ago, there was only a handful of people who could bid $1 million," says Art Dealer Richard Feigen. "Today you have unlimited billions, and at every one of these sales there are new faces...