Word: boom
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Dates: during 1980-1989
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...report every quarter. He had made his second cover appearance in 1980 as a symbol of the auto industry's plight. Two and a half years later, when Iacocca had turned Chrysler around, he was on the cover again. "Iacocca was by then referring to the pressroom as 'the boom-boom room,' " Witteman remembers...
...huge tax cuts enacted in 1981 gave a big boost to the charter boom. Among other things, the legislation increased the tax credit on new business investments and accelerated depreciation rates. One result: an investor who buys a $100,000 yacht in order to rent it to vacationers immediately receives a 10% investment credit that cuts his tax bill...
...most popular one goes: "hip za zoo za chik-a room ba zoo F. Skiddy Von Stade mister Fu (clap) Man (clap) Chu (clap, clap) teddy roo teddy ra teddy ruddy duddy fuddy duddy sis boom ba Harvard Harvard...
...into the business by the long-shot chance of spinning gold. "All of them are so excited," says Keith Fields, whose Georgia Record Pressing company manufactures disks for dozens of the small firms. "They're all convinced they can make it." The companies have been helped by an industry boom, which pushed sales up about 10% last year, to an estimated $4.2 billion...
...Palo Alto, Calif., company started nine years ago by Carpenter-Guitarist William Ackerman, then 26. He borrowed $5 from each of 60 friends to record an album of his own called In Search of the Turtle's Navel. From the outset, Ackerman groomed his disks for the baby boom generation, an audience that he felt was growing tired of rock. He recorded melodic albums like Pianist George Winston's Autumn, which cost just $1,720 to produce but has sold more than 500,000 copies. Some critics regard Windham Hill's silky sound as yuppie Muzak, but young professionals cannot...