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...measured with anything like the frequency, reliability and impartiality of GDP. A National Academy of Sciences panel recommended in 2005 that the U.S. look into measuring household work, investments in education and health care and environmental assets--but as satellite accounts, not part of GDP. Says Katharine Abraham, a University of Maryland professor and former Bureau of Labor Statistics chief, who headed up that effort: "One problem with these expanded measures--why I wouldn't want to see them replace GDP--is the information you base them on is too tenuous...

Author: /time Magazine | Title: Don't Ditch the GDP | 4/10/2008 | See Source »

...Postcard: Lake Mead" told the story of how that reservoir is shrinking while thirsty Las Vegas continues to grow [March 31]. It is the same in my water-short state: developers build new homes, and new home owners buy in water-short areas. Is this optimism or folly? David Abraham, Albuquerque, New Mexico

Author: /time Magazine | Title: Inbox | 4/3/2008 | See Source »

...Postcard: Lake Mead" told how that reservoir is shrinking while thirsty Las Vegas continues to grow [March 31]. It is the same in my state: developers build new homes, and new homeowners buy in water-short areas. Is this optimism or folly? David Abraham, ALBUQUERQUE...

Author: /time Magazine | Title: Inbox | 4/3/2008 | See Source »

...Abraham Lincoln was a one-term congressman with little to distinguish him, yet he was our most brilliant President. James Buchanan, Herbert Hoover and Richard Nixon had excellent résumés, yet each failed when the U.S. needed strong leadership. Whether or not Obama is qualified on paper, he has all the tools for the making of a successful Commander in Chief. Luiz Bravim, Hollywood, Florida...

Author: /time Magazine | Title: Inbox | 3/14/2008 | See Source »

...pastor Jeremiah Wright; the fact that Obama has been described as "friendly" with 1960s dilettante-terrorist William Ayers. It seemed clear on primary night that Obama was aware of this potential problem, as patriotism replaced hope as a theme of his concession speech. He echoed John McCain in citing Abraham Lincoln, and called America "the last best hope on Earth." That was the only "hope" he mentioned - a fascinating calibration...

Author: /time Magazine | Title: The Race Goes On | 3/6/2008 | See Source »

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