Word: boom
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Before the boom, when the current agave crop was being planted, the international market for tequila was decidedly downscale. "People knew tequila as what they drank in college to get drunk," says Alex Alejandro, co-owner of New York City's oldest Mexican restaurant, El Parador. The restaurant has stocked premium tequilas for all its 40 years, but it hasn't always found a ready buyer. "Ten years ago, the average consumer wasn't willing to pay more than about $4 a shot," says Alejandro...
...Such is retail in modern America: first B. Altman, then Gimbels and now the legendary Bonwit's. Despite a slight uptick in business caused by the current economic boom, the one-stop-shop department store has seen its business stolen by two phenomenons: the discount store (Wal-Mart, et al.) and "category killers" (Bed Bath and Beyond, Home Depot). "Bonwit's has the same story of many of the great old department stores," says TIME business editor Bill Saporito. "Once the original family sold it, it fell into financial mismanagement. But at the same time there's just no market...
...didn't help that despite the extravaganza of stage decor, lead singer Mry Mary looked like he had decided to throw on a tatty T-shirt before coming on stage. It took the drum 'n' bass beats of the single "Heart Go Boom" to finally get the crowd going, and even then, the transition into a slower song killed the momentum. Another single, "Stop the Rock," came next, but the rock was already stopped: like a weak bomb, the crowd bounced slowly but never exploded. The poker-faced security people might have smiled inside, faced as they were with...
...publicized fact that the U.S. has consistently displayed the lowest voter turnouts of any industrialized nation. Traditionally, the lack of interest in American politics has been partially attributed to fairly high levels of overall satisfaction with the government a relevant concern this year in particular, given the current economic boom and high Congressional approval rates). The other major reason that so few Americans turn out at the polls is the complicated process by which one must register to vote: the system constructs so many obstacles between the voter and the voting booth that many citizens just don't bother...
Should spearing in the National Football League (a quasi-illegal form of tackling with the crown of one's head) become a criminal offense? Should professional boxer Ray "Boom Boom" Mancini get the death penalty for delivering fatal blows to opponent Duk Koo Kim in their Nov. 13, 1982 title bout? No. These events are part of what comes along with the sport. People may cheat or even flagrantly violate the rules of their sport, but they are doing so within its context. Athletic contests like football, hockey, boxing and others are ones of controlled aggression. It is only natural...