Word: boom
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...this recovery comes with some unusual baggage: the same forces that made the recession short and shallow are likely to dampen the recovery. Housing never cracked; now it won't boom. Consumers never stopped spending; now they're in debt and can't pick up the pace. President Bush's tax rebate, paid out during the worst of the recession, was "insanely well timed," says Maureen Allyn, chief economist at Zurich Scudder. Any comparable success with whatever stimulus package Congress might pass is unlikely. On the factory front, new inventory controls have given managers earlier warning of waning demand than...
During the 1990s boom, politicians could pretend that the problem was fixing itself. Health-care costs were being held in check. Private employers offered more and better health care to attract workers. The states were becoming more generous and creative in taking care of lower-income working people, who most often fall into the crack between private insurance and public-assistance programs...
...almost any measure, hunting preserves are enjoying a boom. Up to 2,000 may exist in the U.S., with 500 in Texas alone. Many advertise on the Internet and in hunting magazines, and all offer the same thing: the chance to bag a trophy, with none of the uncertainty of hunting in the wild. "No kill, no pay" is the promise many make...
...litigious boom may deplete both the goodwill and the financial resources to deal with serious future victims of asbestos poisoning. "Asbestos has a long incubation period, and we're still seeing cases where the exposure took place in World War II," says Kazan. "How will cancer victims 40 years from now be compensated?" Adding to the problem: thousands of healthy plaintiffs, worried they may be left out, file claims to protect themselves lest a firm go bankrupt before they show any symptoms...
...crowded that it is difficult to get an idea of the city's shape, but from the comparative open space of the river the view was unobstructed by tall buildings. Soon the city skyline, haunted by the skeletal remains of half-finished luxury hotels?relics of a building boom cut short by the economic crash?gave way to factories, villas and then modest villages on stilts, interspersed with gaudy, golden-roofed temples...