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The city's budget boom is especially stunning because New York's economic and job growth has trailed the nation's.
Richardson says the trend of lower revenue continues as "the budget boom of the past decade continues to become a budget bust".
He was also a mentor to Mr. Magliocchetti, a fellow Pennsylvanian and a Congressional aide who worked with Mr. Murtha on defense spending issues during the military budget boom of the Reagan administration.
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Gov. Arnold Schwarzenegger, a Republican, has been campaigning for the measures, saying they would "stop that madness" of budget booms and busts.
While Hollywood produced entertainments like "How to Stuff a Wild Bikini," hard-core surf films — gritty, plotless, low-budget — boomed.
Provoked by the mainstreaming of North American music festivals in the early 2000s and the big budget EDM boom shortly thereafter the last decade of live electronic music has been something of an arms race.
Europe's budget-airline boom in the 1990s was made possible by an "open sky" agreement.
FastJet has also run into turbulence in South Africa, where the local press has poured scorn on its announcement, in April, that it would join forces with Edward Zuma, the South African president's son, to take over a bankrupt local carrier, 1time.Europe's budget-airline boom came only after hard-fought battles for "open skies" treaties in the 1990s.
After a year that brought budget cuts, booming class sizes, radical hiring changes and governors who curtailed collective-bargaining rights, teachers' job satisfaction is at a two-decade low, according to a new survey released Wednesday.
He has argued that pursuing large budget deficits during boom times can lead to hyperinflation.
The following have particularly caught our eye The budget: Bust to boom (Britain)The mighty dollar: Feeling green (Finance Iraq's economy: An empty chest (Finance)And don't forget to look at this week's Free Exchange column, which explains why trading blocs do not promote trade liberalisation around the world.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com