Word: boom
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Furthermore, selling multi-billion dollar hardware to other nations increases our own economic problems. Just as the Vietnam War boom led to sharp inflation in the early 1970's, the expenditure of huge sums of money by foreign governments on American arms often causes similar difficulties abroad. Revenue that could be spent on jobs and food instead goes out of the country in large quantities, precipitating a trade imbalance. One popular method of offsetting this problem for many Third World countries is to raise the prices of oil or raw material exports, so that the inflationary effects rebound...
...Calif. An informal patriarch who preferred the outdoors and overalls to office life, he took over the modest business founded by his Italian immigrant father in 1944 and greatly expanded production to include 24 wines ranging from "jug" types to premium varietals. When the U.S. wine industry started to boom in the '70s, other vinicultural pioneers began cashing in their holdings; not Sebastiani. Said he: "I would as soon sell my children as my vineyard...
During her husband's speech, an unsuspecting Mrs. Baker was molested from above by an irrate ABC boom-man, presumably a Reaganite. She nobly shrugged...
...laconic career diplomat; of cancer; in Washington, D.C. As U.S. Ambassador to South Korea (1961-64), "Silent Sam" failed in his efforts to persuade Seoul's military regime to establish democratic institutions, but succeeded spectacularly in helping to lay the groundwork for the country's industrial boom. As deputy to Ambassador Ellsworth Bunker in South Viet Nam (1968-72), he administered a policy he described as "one of buying as much time as we could" after the U.S. had abandoned its doomed attempt "to win the war with money and people instead of brains...
...Crystal Palace pond in London. To enhance their trippy riffs and overweening crescendos, the Pinkies brought on a 50-ft. inflatable octopus and detonated a fireworks display. By the time of the first encore, all the fish in the lake had died, victims of the band's cosmic boom and crushing decibels...