Word: boom
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Dates: during 2000-2009
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...next tech boom, if Khosla gets it right again, will be all about clean energy: developing affordable, eco-friendly alternatives like solar, wind and biofuels. It's not earthy-crunchy, feel-good philanthropy. Clean tech, as he sees it, promises serious returns that could rival any Internet success. In fact, Khosla wagers that the Googles and Yahoos of clean tech have yet to emerge. "Energy is subject to the same sort of scientific breakthroughs, innovation and entrepreneurial efforts that have characterized Silicon Valley's impact in microprocessors, PCs, biotechnology, telecommunications and the Internet," Khosla tells TIME. The promise of today...
...divorce rate is assumed to be another main factor for so many unmarried households. But the divorce rate has not gone up in twenty years; in fact, it's been fairly stable at around 42 percent. Divorce did lead to a boom in single-parent households during the 1970s and 1980s, but that doesn't explain what has happened since then. Also keep in mind that getting divorced doesn't mean you are divorced-forever-after; about two-thirds of those who divorce will remarry, jumping back to the "married household" side of the white picket fence...
...bubble of the late 1990s, garage innovators could peddle imaginary businesses in initial public offerings. If an idea seemed as if it might make money someday (remember Pets.com?) that was good enough. Today's upstarts are more fully formed and are often led by wealthy veterans of the first boom. They know Google's not the only shopper. Yahoo! has spent close to $100 million for start-ups Flickr and Jumpcut, among others. Facebook may be next, with Yahoo! said to be mulling a $1 billion offer. With investors on track to inject $500 million into new Net firms this...
...Steele says. The most basic rule of presidential politics is that you run against your predecessor. If Obama, 45, chooses to run in 2008, his consensus seeking would stand in stark contrast not only to the hyperpartisan Bush Administration but also to the histrionic, self-important style of baby-boom-generation politicians. Or it could work against him. An old-time Chicago politician told me Obama's thoughtfulness might be a negative in a presidential campaign. "You have to convey strength," he said, "and it's hard to do that when you're giving on-the-other-hand answers...
...deficit is partly the result of a $740 million building boom, which has included the $140-million Center for Government and International Studies as well as science labs north of the Yard...