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Consider GDP. In October, the Commerce Department announced - to rejoicing in the media, on Wall Street and in the White House - that the economy had grown at a 3.5% annual pace in the third quarter. By late December, GDP had been revised downward to a less impressive 2.2%, and revisions to come could ratchet it down even more (or revise it back up). The first fourth-quarter GDP estimate comes out Jan. 29. Some are saying it could top 5%. If it does, should we really believe...

Author: /time Magazine | Title: When Economic Indicators Aren't Worth That Much | 2/1/2010 | See Source »

...progress on many of the other issues that comprised a major part of Obama’s campaign, a chorus of pundits, politicians, and voters immediately declared Obama’s agenda dead or, at least, majorly stunted. When he had the nation’s attention during the annual State of the Union, Obama had one goal to fulfill: convincing America that the remainder of his term holds a possibility for the actualization of health-care reform and other initiatives. And, as a rebuttal of Republicans’ and pundits’ claims, Obama’s State...

Author: By The Crimson Staff | Title: State of the Presidency | 2/1/2010 | See Source »

...Harvard women’s swimming and diving team finished its Ivy dual season with an impressive 6-1 record after the annual HYP meet on Saturday. The Crimson (6-1, 6-1 Ivy) defeated Yale (6-3, 4-2), 180-120, but suffered a loss against conference rival Princeton (6-0, 6-0), 196-102 at DeNunzio Pool in Princeton...

Author: By B. marjorie Gullick, CRIMSON STAFF WRITER | Title: Harvard Handles Yale, Falls to Princeton | 2/1/2010 | See Source »

...certificate was only one of several that emerged from the prestigious Salon du Chocolat in Paris, the annual summit of the world's master chocolatiers. But it may be enough to start a revolution in Peru. In October 2009, chocolate produced from the cacao beans of a small agricultural cooperative deep in one of the country's rain forests was named the most aromatic in the world by the Salon. "We used to be known for making cocaine paste, but now we are known for chocolate," says Elena Rios, 52, secretary of the Tocache Agroindustrial Cooperative. Rios herself gave...

Author: /time Magazine | Title: Drug Lords vs. Chocolate: From Coca to Cacao in Peru | 1/31/2010 | See Source »

...average pro career is short but lucrative (average annual pay: $1.1 million). Because there are just 53 jobs on an active NFL roster, however, holding on to one of them requires not only supreme athleticism but also the ability to play in pain, whether it's a twisted knee, a broken finger or a bruised brain. Coaches and fans, of course, laud hard hitters. "Guys don't think about life down the road," says Harry Carson, a Hall of Fame ex-linebacker who has postconcussion symptoms like headaches. "They want the car. They want the bling. They want to have...

Author: /time Magazine | Title: The Problem with Football: How to Make It Safer | 1/28/2010 | See Source »

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