Word: high-tech
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Before energy prices collapsed, the conventional wisdom held that America's economy was being split along have and have-not lines: a prosperous Sunbelt and a rusting Frostbelt. Now, however, there is talk about a different sort of "two Americas." In the new version, the haves are the high-tech industries and financial-service firms stretching from New Hampshire down the Eastern seaboard and from California's Silicon Valley down to Orange County; the have-nots include the farmers, energy producers and heavy manufacturers in between. The split that some see emerging counterposes booming coasts against a problem-plagued heartland...
...record $148.5 billion last year and is running even higher in 1986. Their purpose seems to be to build support for import-limiting legislation. But the trade deficit has hurt farmers, who have lost foreign markets, and smokestack industries, beset by import competition, far more than service and high-tech businesses...
...part of the Mid-Atlantic region). Nor is all gloom in the heartland. Michigan, one of the most depressed states a few years ago, has achieved a remarkable turnaround, thanks to heavy spending by the auto companies to battle import competition and successful efforts to attract electronics and other high-tech industries...
...beach-bound speeders approach. Then they're captured -- in a flash. A combination cameraradar-computer unit snaps the car's license number and the driver's frequently startled face, as well as the date, time, speed and location. Since May, some 1,200 drivers have been nailed by the high-tech Doppler radar system.The film is developed, the license plate number matched to the car owner, and then the offenders are notified by mail. Only clearly photographed drivers are fined...
...oceanfront, this California-style Riviera is a 38-sq.-mi. wedge of land stretching from the Pacific Ocean to the Santa Ana Mountains and harboring the thriving towns of Newport Beach (pop. 67,000), Costa Mesa (88,000) and Irvine (89,000). It includes a constellation of some 700 high-tech firms -- making Orange the U.S.'s fifth largest high-tech complex. Its economic output, according to Economist James Doti, is expected to reach about $50 billion this year, vs. $13.5 billion in 1975. The county's economy has grown twice as fast as the nation's in the 1980s...