Word: boom
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Before the Northridge earthquake, California was slowly but surely recovering from its three-year recession. While economic growth has been healthy in the rest of America for about a year now, California--where the economic boom of the 1980s was fueled by the defense industry--has been reeling in the wake of the end of the Cold War. But the hard times may have been a blessing in disguise...
...spirit of '77 was overamplified youth rebellion, as personified by Messrs. Rotten, Vicious, Strummer et al, then the spirit of 1979 was all about experimentation: building new kinds of musical structures in the postapocalyptic terrain of post-punk, post-boom, post-rock and roll England. Nobody did it better than the London-based Raincoats, whose 1979 first LP has reappeared in America as a DGC CD (apparently at the request of some guy from Seattle named Cobain, who's been a big Raincoats fan for years). If they're famous for anything, the Raincoats are famous for their feminism...
Winger senses a mystical bond between her reel and real lives. "I don't know what comes first, the life or the art," she says, "but I think the life does. I feel it coming on, and boom! a script appears. Always it works that way. I had just endured two horrible deaths of dear friends from cancer, and then Shadowlands appeared. It's really sort of magical. If it stops being like this...
...however, as the city ricochets through its biggest boom since the Frank-and-Dino Rat Pack days of the '50s and '60s -- the tourist inflow has nearly doubled over the past decade, and the area remains among America's fastest growing -- the hypereclectic 24-hour-a-day fantasy-themed party machine no longer seems so very exotic or extreme. High-tech spectacle, convenience, classlessness, loose money, a Nikes-and-T-shirt dress code: that's why immigrants flock to the U.S.; that's why some 20 million Americans (and 2 million foreigners) went to Vegas in 1992. "Las Vegas exists...
...release of pent-up consumer demand have set off a run on such big-ticket items as houses and cars. On the other hand, the payroll slashing that dates back to the 1980s remains in full force as U.S. corporations strive to compete in world markets. Even the boom in business investment, which has boosted economic growth, has gone largely for computers and other labor-saving devices rather than for job-creating new factories and machinery. "The fixation of the moment continues to be on downsizing and cost cutting, whether it's through machines or layoffs, and that fixation remains...