Word: boom
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Dates: during 1990-1999
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...when a handful of conservative thinkers--economists Arthur Laffer and Robert Mundell, along with the editorial-page writers of the Wall Street Journal--gazed on a new idea. If you cut tax rates, the thinking went, people would keep more of their earnings, work harder, and the economy would boom. Since the supply-side message flew in the face of G.O.P. economic orthodoxy, they cried in the wilderness until they were heard by Ronald Reagan, who opened his first term with a three-year cut of income tax rates...
...people making money on the homeopathy boom are not likely to endorse that recommendation. Todd Dankmyer, spokesman for the National Association of Retail Druggists, acknowledges that "we have not done a scientific analysis of whether the products are good, bad or indifferent." But, he adds, "we see homeopathy as a valuable market niche...
...attributed the unexpected boom in part to recent events in Russia, but said that course enrollments can fluctuate wildly from year to year...
...Reno has been lapped by Las Vegas in the race to capture the imagination of visitors to Nevada. There was a glut of hotel-casino space after a late '70s building boom and "for much of the 1980s, Reno was the wallflower of the casino industry," says Bill Eadington, director of the Institute for the Study of Gambling and Commercial Gaming at the University of Nevada, Reno. But four years ago, the city staked much of its future on bowling. And the gamble is paying off. The stadium's inaugural event, the 92nd annual tournament of the American Bowling Congress...
...While boom-and-bust hurricane cycles lasting decades have been well documented, the reasons for them remain obscure. That's not the case for individual storms, though. Atlantic hurricanes inevitably get their start in Africa, where hot, dry air overlying the Sahara desert collides with cooler, moister air over the sub-Saharan region known as the Sahel. Under normal conditions, the collision produces eddies of low-pressure air that drift out over the ocean, where storm clouds begin to form. Most of the time, the clouds simply dump their load of rain and dissipate...