Word: busting
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Dates: during 1990-1999
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...once down-and-out places like Houston, Salt Lake City and Gary, where newspapers are thick with help-wanted ads. But shun former go-go hot spots such as Boston, Phoenix and Atlanta, where 1980s-style booms in everything from computers to construction have suddenly gone bust...
...metaphor through which Moore explores several serious social, political and economic issues is his hometown, Flint, Mich., a boom-and-bust factory community that hit bottom again in the mid-'80s, when its principal employer, General Motors, began a series of layoffs that, according to Moore, eventually cost the city some 35,000 jobs. This created a ripple effect afflicting, it would seem, almost every other business, almost every citizen...