Word: cadillacism
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...rise and fall from the American car and the American Dream. The design staff at General Motors copied the first fins off a top-secret U.S. Air Force plane (the Lockheed P-38), quietly grafting them as little bumps on the rear of the 1948 Cadillac. The next year's model was a best seller, and as the 1950s progressed, the fins proliferated. They appeared on Oldsmobiles, on Buicks, on Chryslers, with Fords finally sprouting them in 1957. The fins, fickle as Paris hemlines, grew wide and high, rising to 40 in. off the ground on the '59 Cadillac Eldorado...
...short, in the '70s America down-sized its expectations. Out with Pax Americana. In with the Vietnam Syndrome. Out with the Cadillac. In with the Toyota. But first, out with the President, via Watergate: nearly two years spent sifting through the rubble of Richard Nixon. Whatever hopes of a clean start were raised by Gerald Ford collapsed under the Nixon pardon and an economic crisis as impervious to Ford's WHIP INFLATION NOW buttons as it had been to Nixon's wage-and-price controls...
Monica Lewinsky grew up in a $1.6 million Beverly Hills home. Her parents owned three cars, including a Cadillac and a Mercedes, and spent freely on themselves (symphony season tickets, artwork and wine) and on Monica and her brother Michael, including tennis lessons ($720 a month), baby sitting ($300 a month) and hairstyling for Monica ($100 a month). Vacations frequently involved spending amounts in excess of $20,000 a year. The monthly psychiatrist's bill...
...essential and inevitable and highly profitable, when free-trade policies push the share of exports and imports from 17% of our economy to nearly 25% over the past 20 years. Last week GM, which has lost market share to the Japanese, produced the first right-hand-drive Cadillac to be sold in Japan. But because the market is global, there is no longer even the illusion of control, of national boundaries, and that's what really frightens people. Factories in Karachi, Pakistan, can now produce shorts as quickly and cheaply as an American company in Quitman, Ga. U.S. manufacturers have...
...AMERICA THEY TRUST Driving American is the top coupe for a number of U.S. allies. Chile's President Eduardo Frei likes a Lincoln (2), but others choose Cadillac...