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...During his opening address to the NPC, Premier Wen said that 2010 was going to be a year of unprecedented economic complexity. He certainly got that right. A real estate downturn, perhaps a severe one, will hit China sooner or later. The problem is that if it arrives sooner, the world's fastest-growing economy doesn't have a whole lot to fall back on. Its export markets are still weak and its capacity to increase infrastructure spending again, after the massive increases of the past two years, is limited. With the rest of the world still trying to regain...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

...military family--my son and daughter chose military careers--you don't want to acknowledge the "enemy within," but it inevitably becomes a specter in your consciousness. Military leaders must address the issue of the rapist who knows that if a complaint is filed, most likely the victim, not the rapist, will be reprimanded...

Author: /time Magazine | Title: Inbox | 3/22/2010 | See Source »

...realtors say Panama is just the type of image-crazed country where people will put up with traffic problems in order to boast "Trump" as their address. Kent Davis, owner of real estate agency Panama Equity, says that even the neighbors are excited about Trump. "It's not like having Wal-Mart move in and force out the competition. People are psyched to have Trump in the neighborhood. I even sold a property in a nearby building because the buyer was excited about using the Trump facilities...

Author: /time Magazine | Title: Donald Trump Goes on an Adventure in Panama | 3/20/2010 | See Source »

...week she worked with the New York delegation to iron out changes to the Senate bill, which punished "do-gooder" Medicaid states that already provided the most generous benefits - essentially robbing the rich states to pay for the poor ones. She also met with the Congressional Black Caucus to address some of their concerns about affordability and access. And she then spent a lot of time with the Hispanic Caucus assuaging their worries about provisions that prevent illegal and some legal immigrants from purchasing insurance on the new exchanges that will be created to help the uninsured. All three groups...

Author: /time Magazine | Title: Getting Her Way: Pelosi's Powers of Persuasion | 3/20/2010 | See Source »

...This reality has triggered a nearly convulsive political response, given that elections are won and lost over the state of the economy and the mind-set of wage earners. That's why President Barack Obama, in his State of the Union address, called jobs his "No. 1 focus" and proposed repurposing bank-bailout money to lend more to small businesses, which would then, presumably, generate jobs. On March 17, Congress passed a job-creation bill that includes, among other things, an estimated $13 billion worth of tax incentives to coax companies into adding to their payrolls. (See 10 perfect jobs...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

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