Given a set of budgets for the residential and employment developments, and network enhancement, the problem is one of allocating the resources within the system, so that the probability of overloading the links in the network is minimized.
Seven years-plus after Hurricane Katrina, the city is full of vibrant neighborhoods, each with its own set of budget-friendly activities.
It would indeed be folly for large chunks of the world economy to embark on an immediate and draconian set of budget cuts.
His cabinet has just approved a stringent set of budget guidelines for 2002, which trim overall government spending by 1.7%, the biggest cut ever.
A stability and growth pact designed to ensure a common set of budget controls was a poor substitute for fiscal union.
Mr. Sarkozy's government just announced another set of budget cuts and tax increases in the face of lower growth, to keep to its promises to cut its own budget deficit.
Mr Aso is now thinking of waiting until he can prepare a set of budget proposals to take to the country later this year, as well as create a promised consumer-affairs agency.That might make tactical sense to Mr Aso.
"This next round of $600 million, which we will implement very soon, unfortunately will have some layoffs in it," Mr. Bloomberg said of the next set of budget cuts, speaking on his radio program on WABC.
Indeed, the war of words has often seemed out of proportion to a set of budget proposals that are not much different from those Gov. George E. Pataki, Mr. Spitzer's predecessor, used to propose, which were negotiated at much lower volume.
For all the concerns about his borrowing, 'Lucky' Gordon has once again confounded the sceptics and produced a set of Budget accounts that looks good by international standards and does not frighten the horses.
