Word: boom
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Most important, of course, because the Federal Reserve under Chairman Alan Greenspan has been raising interest rates for just short of a year to slow a runaway boom. Members of TIME's board differ considerably on how soon and how hard those rate hikes will bite. But all agree on two predictions: 1) there will indeed be a slowdown; 2) the chance that it will turn into a recession is, in Sinai's word, "zero." Diane Swonk, chief economist of Bank One and president of the National Association for Business Economics, declares, "I expect this expansion to last until...
Coming soon: the Metamucil boom...
...will this cascade of calendar-enforced maturity continue for the next decade and a half, an entire generation hitting the back nine and turning the world over to those who are younger, faster, fitter, more ambitious. (Even the most commonly used number--the 76 million born in the boom--is a gross underestimate: add 8 million immigrant boomers to the total.) For the present purposes, though, we're going to focus on the leading edge of the boom, those people born between 1946 and 1957 who made it to their teens before the '60s ended. We know self-indulgence better...
...honest, fellow children of the boom: Is this good news...
...they'd rather have more time off than more money," says Robinson. "We have no identity outside of work, and there's this new glorification of the tech guy who works 18 hours a day. The issue is: How does a corporation reward the people responsible for this economic boom? It's all going to the CEOs through stock options and executive-vacation packages...