Word: boom
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Dates: during 2000-2009
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...minds of men." It came from Dostoyevsky's The Possessed and referred to the burning of a village by radical anarchists: "The fire is in the minds of men, not on the roofs of houses." This is a familiar image to members of Bush's, and my own, baby-boom generation-incendiary idealism, soldiers torching straw huts with Zippo lighters in Vietnam, "destroying a village in order to save it." Bush, in the end, is a classic boomer. His was a speech that could only have been delivered by a member of our exorbitantly messianic generation. Our rhetoric has always...
...twixters to be learned from Swann's tale. One is that most colleges are seriously out of step with the real world in getting students ready to become workers in the postcollege world. Vocational schools like DeVry and Strayer, which focus on teaching practical skills, are seeing a mini-boom. Their enrollment grew 48% from 1996 to 2000. More traditional schools are scrambling to give their courses a practical spin. In the fall, Hendrix College in Conway, Ark., will introduce a program called the Odyssey project, which the school says will encourage students to "think outside the book" in areas...
...person who is financially independent, with a family and a home. But families and homes cost money, and people in their late teens and early 20s don't make as much as they used to. The current crop of twixters grew up in the 1990s, when the dotcom boom made Internet millions seem just a business proposal away, but in reality they're worse off than the generation that preceded them. Annual earnings among men 25 to 34 with full-time jobs dropped 17% from 1971 to 2002, according to the National Center for Education Statistics. Timothy Smeeding, a professor...
...renovation boom of the past few years is not a first for the U.S. In 1954 TIME celebrated an earlier DO-IT-YOURSELF generation...
...sure, as the Baby-Boom generation retires and life expectancy continues to increase, shifting demographics present clear challenges to the current Social Security regime. The number of workers paying into the Social Security system per retiree is in a constant decline; today’s 3.4 workers per retiree will shrink to as few as 2.1 workers per retiree by 2030. Even the most favorable outlook on the current system, in which the Treasury Department finds a way to pay back the $1.9 trillion it has milked from the Social Security “trust,” leaves Social...