Word: boom
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Dates: during 1990-1999
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Then, in the mid-'70s, federal funding abruptly slowed and had to be spread among the swollen ranks of professors bearing Ph.D.s earned at Penn and other schools during the boom years. The government, moreover, began distributing its money among a wider range of schools and insisting that institutions pick up more of the costs of research. And inflation began to accelerate. Even before the oil crisis of the late '70s, energy costs began climbing. From 1969 to 1975, Penn's heat and electricity costs rose nearly 300% while its income from investments declined and the growth of funding from...
...there is hope for us baby-boom parents. Schools nationwide have abandoned the Chivas Regal ethos of the 1980s as they cope with sharp increases in demand for financial aid and the first signs that some high-caliber students are choosing to attend flagship public universities rather than go into eternal debt...
Makeup calls got earlier and earlier. One box-office flop and--boom!--I'd enter the never-to-return ghetto of geriatric buddy comedies. Yikes...
Even though 800 million peasants were the first to thrive on economic reform, the urban boom has left many of them far behind. Per capita income in the countryside is only $190 a year, about 40% of the urban average. Some 65 million struggle to survive on incomes below the official poverty line of $64 a year. The hinterland clamors for a bigger share of the pie, and historically, rural poverty has been the underlying cause of political unrest. The floating population of desperate job seekers pouring into China's cities has reached 100 million. While they provide the cities...
These harmonious conditions have made Wall Street the leader of a worldwide boom in stocks. With inflation falling globally, stock markets have recently hit new highs from Argentina to Taiwan. In Europe, where declining interest rates have helped raise stock prices, France, Germany, Switzerland and other countries have been on their own bull runs...