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...simply cannot allow our devotion to this cause slip away as it turns from a current event to a past tragedy. The truth remains that people are dying in Haiti, and that these deaths are avoidable. In a state so fragile, lives can be saved for the amount of a book. Our actions now can, and must, account for past transgressions. We have a responsibility to all Haitians to provide them with the tools to rebuild, the tools we have denied them for two hundred years...

Author: By Michael Henderson and Krishna Prabhu | Title: Harvard for Haiti | 1/29/2010 | See Source »

Thus, the extension of healthcare to younger workers, thus, does not do enough to offset the rising costs incurred by young people due to other provisions in the bill. Additionally, the healthcare plan prevents the young from capitalizing on their good health. Factors, including limiting the amount that companies can charge older patients, preventing the denial of coverage based on preexisting conditions, and “community rating”—or price controls—to limit the ability to offer lower costs to lower risk patients, would likely mean that younger workers would have...

Author: By James L. Wu | Title: Obamacare Good for Us? | 1/29/2010 | See Source »

...next midterm and to try not to get sick. Even once you make the difficult decision to leave, jumping through all the relevant bureaucratic hoops is an Olympic feat. I was still getting emails deep into October from various offices telling me that I still owed some amount on my term bill...

Author: By Maya E. Shwayder | Title: A Separate Year | 1/28/2010 | See Source »

...stimulus programs adopted by the two countries to support growth during the downturn. China implemented what Walker calls "the biggest stimulus program in global history." On top of government outlays for new infrastructure and tax breaks, Beijing most significantly counted on massive credit growth to spur the economy. The amount of new loans made in 2009 nearly doubled from the year before to $1.4 trillion - representing almost 30% of GDP. The stimulus plan worked wonders, holding up growth even as China's exports dropped...

Author: /time Magazine | Title: India vs. China: Whose Economy Is Better? | 1/28/2010 | See Source »

...also sparked worries about the nation's banking system. Many economists expect the large surge in credit to lead to a growing number of nonperforming loans (NPLs). In a November report, UBS economist Wang Tao calculates that if 20% of all new lending in 2009 and 10% of the amount in 2010 goes bad over the next three to five years, the total amount of NPLs from China's stimulus program would reach $400 billion, or roughly 8% of GDP. Though Wang notes that the total is small compared with the level of NPLs that Chinese banks carried...

Author: /time Magazine | Title: India vs. China: Whose Economy Is Better? | 1/28/2010 | See Source »

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