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...Economists and international financial experts are left to answer an extremely difficult question. Does it matter if other large nations employ similar tactics to the U.S. in reviving their economies? Or, is a coordination of efforts not important to the pace of a global recovery. If Germany refuses to make more than a modest effort to help its banks and major industries while the U.S. is going "all in" with every dime it can spare to help housing, banks, and jobs creation, does the imbalance between the scales of the efforts make a difference...

Author: /time Magazine | Title: Why Europe's Criticism of the Stimulus Got Out of Hand | 3/26/2009 | See Source »

...That answer to all of these questions is that it does not matter. The American approach to saving its economy is radical compared to that of almost any other nation and that is not going to change. No other country can marshal the resources that the U.S. government can because of its unprecedented ability to raise money. And, the American presidency and control of both houses of the legislature are held by the same political party...

Author: /time Magazine | Title: Why Europe's Criticism of the Stimulus Got Out of Hand | 3/26/2009 | See Source »

...decline of the networks is of course a bad thing. For the networks. But for me as a critic and you as a viewer, the important question is, Are there better shows on TV or not? The answer is - and has been for years - yes. More important, the answer is yes for precisely the same reasons that the big broadcast networks are fading. (There's also more bad TV on the air because there's more of everything. Unless it bothers you that other people are watching bad TV, this is also not your problem...

Author: /time Magazine | Title: Here's to the Death of Broadcast | 3/26/2009 | See Source »

...first rule of the political press conference: You don't really have to answer the question, or at least you don't have to dwell on it. You can simply say what you came to say. This is even more true when you are a popular President of the United States. So at the end of an otherwise drab and detailed jousting with the White House press corps Tuesday over policy projections and financial problems, Barack Obama seized his opportunity...

Author: /time Magazine | Title: Obama's 'Persistent' Presser: Message Accomplished | 3/25/2009 | See Source »

...last question was an East Room evergreen: Did the President have confidence in his ability to forge peace between Israel and the Palestinians? The answer was predictable too. Yes, said Obama, but it would be hard, and recent elections in Israel had made it harder. But then he continued on to where he had always intended to go. "If you are persistent, then these problems can be dealt with," Obama said. "That whole philosophy of persistence, by the way, is one that I'm going to be emphasizing again and again in the months and years to come as long...

Author: /time Magazine | Title: Obama's 'Persistent' Presser: Message Accomplished | 3/25/2009 | See Source »

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