Word: sunbelt
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Dates: during 1973-1973
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...STRUCTURAL changes have reshaped the economy since World War II: In relative terms, power on the domestic economic front has shifted to what historian Kirkpatrick Sale calls "the economic sovereigns of America's Southern rim, the 'sunbelt' that runs from Southern California, through Arizona and Texas, down to the Florida keys...
They are for the most part new-money people...whose fortunes have been made only in the postwar decades, mostly in new industries such as aerospace and defense contracting, in oil, natural gas and allied businesses, usually domestic rather than international, and in real-estate operations during the postwar sunbelt population boom...
...STRUCTURAL changes have reshaped the economy since World War II: In relative terms, power on the domestic economic front has shifted to what historian Kirkpatrick Sale calls "the economic sovereigns of America's Southern rim, the 'sunbelt' that runs from Southern California, through Arizona and Texas, down to the Florida keys...
They are for the most part new-money people...whose fortunes have been made only in the postwar decades, mostly in new industries such as aerospace and defense contracting, in oil, natural gas and allied businesses, usually domestic rather than international, and in real-estate operations during the postwar sunbelt population boom...
Ehrlichman & Co., largely the products of the rapid, rootless commercial expansion occurring in the "sunbelt" states, are the quintessential expression of the technical mentality, divorced from hard-won tradition, humbled before nothing-precisely the people from whom Hamilton was intent on protecting the Republic...