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...History would seem to side with the economists. In 2006, Detroit hosted the America's most gargantuan sports event, the Super Bowl, also at Ford Field. Fans gave the area a $274 million boost, according to one economic research firm. Over 90 million people watched the face-off between the Pittsburgh Steelers and Seattle Seahawks on television. Did the game lift Detroit long-term? Well, Detroit's unemployment rate is 13%, worst in the country among major metropolitan areas. The city's bonds have junk ratings. Because its school system has run up a $305 million deficit, the city...

Author: /time Magazine | Title: Why Detroit's Final Four Stimulus Is Overrated | 4/4/2009 | See Source »

...novels. However, present these themes during the outbreak of the AIDS epidemic and make angels crash out of the sky, and you’ve got an epic theatrical production that explores everything from politics to romance to meteors; you’ve got “Angels in America: A Gay Fantasia on National Themes.” Tony Kushner’s two-play work is the Harvard-Radcliffe Dramatic Company’s first spring Loeb Mainstage production. While the first play, “Millennium Approaches,” debuted at Harvard more than a decade...

Author: By Minji Kim, CONTRIBUTING WRITER | Title: 'Angels' Confronts Human Love, Faults | 4/3/2009 | See Source »

...over." Obama all but agreed with Brown, noting that the phrase had its roots in a significant set of economic policies that had shown itself to be imperfect. He went on to talk about the benefits of increasing economic competition with the U.S. "That's not a loss for America," he said of the economic rise of other powers. "It's an appreciation that Europe is now rebuilt and a powerhouse. Japan is rebuilt, is a powerhouse. China, India - these are all countries on the move. And that's good...

Author: /time Magazine | Title: Barack Obama's New World Order | 4/3/2009 | See Source »

...town hall in Strasbourg, France, Obama stood before an audience of mostly French and German youth and admitted that the U.S. should have a greater respect for Europe. "In America, there's a failure to appreciate Europe's leading role in the world," he said before offering other European critical views of his country. "There have been times where America has shown arrogance and been dismissive, even derisive...

Author: /time Magazine | Title: Barack Obama's New World Order | 4/3/2009 | See Source »

...contrast is striking. Only four years ago, George W. Bush, in his second Inaugural Address, described what he called America's "considerable" influence, saying, "We will use it confidently in freedom's cause." Bush's vision of American power was combative and aggressive. He said the U.S. would "seek and support the growth of democratic movements and institutions in every nation and culture." He continued, "We go forward with complete confidence in the eventual triumph of freedom...

Author: /time Magazine | Title: Barack Obama's New World Order | 4/3/2009 | See Source »

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