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Below this limit, there are not important economic consequences of this expansion.
The extent and direction of this expansion may have been unforeseen when the site was chosen.
"No one should underestimate the resiliency of this expansion," said Kevin Flanagan, a Morgan Stanley Dean Witter economist.
Perhaps the most important characteristic of this expansion has been the high rate of growth in capital spending.
In the wake of this expansion, the event has been faulted for straying from the Ms. Foundation's original goals.
But the administration will need to become an active proponent of this expansion if it is to occur.
But as with the other characteristics of this expansion, policymakers have a hard task deciding when that limit is.
Most of this expansion will be in Europe, where he sees room for growth, especially in fashion-conscious Italy.
Some of this expansion, however, has created ecological problems, which have been investigated and addressed to some degree.
"Is it inconceivable to think this thing can keep going, and in 2010 we could see the 20th year of this expansion?" he asked.
But this is an election year, making it hard to avoid putting the economy and the longevity of this expansion in a political context.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com