Word: boom
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...politics of early release are delicate. The prison boom of the past 25 years benefited a great many politicians who could claim to be tough on crime. One can easily imagine the political ads that will air in the next cycle in attempts to defeat elected officials who vote not only to set prisoners free but also to spend more on social services for them...
...away from Treasuries, driving interest rates up. Also, billionaire Ross Perot spent a good part of his fortune making deficits into a political issue. In response, Washington focused for a few years on getting rid of the shortfall. With a lot of help from the late-1990s tech boom, it succeeded. As already noted, this deficit-fighting consensus disintegrated in the early Bush years. This time around, China joined Japan as a big buyer of Treasuries, interest rates stayed low, and the economy chugged along...
...that they too would cut production, the country "has repeatedly failed to do so, and the Russian government has done absolutely nothing to exert its influence" on oil companies, says Julian Lee, senior analyst at the Center for Global Energy Studies in London. (See pictures from Azerbaijan's oil boom...
...director and executive producer of “The September Issue”—has managed to capture and eternalize an iconic moment in fashion history, and with it, an intimate look at the foremost fashionista of past 20 years. Amidst fashion’s pop cultural boom, awash with reality television shows and mediocre celebrity clothing lines, Cutler managed to wriggle his way into the offices of Vogue—the last bastion of classic luxury journalism—to chronicle the creation of a single issue in his new documentary.At the helm of this extraordinarily influential...
...longer viable, even if there were a machine dedicated to it. The projects have been bulldozed or turned into mixed-income developments over the past two decades, Meanwhile, Atlanta's black mayors encouraged affluent whites to move into blighted or vacant areas of the city, and the real estate boom of the 1990s made it happen. In the past decade, Atlanta has elected whites to a number of city-wide offices, including the council president before Borders...