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...already seen some of this throwing-the-kitchen-sink-at-the-problem approach over the past year. Expect much more in the coming months. Bernanke is committed to avoiding serious deflation, because he's convinced that serious deflation makes an economic downturn much worse by making it much harder for debtors to pay back loans. That's probably the right stance right now. When banks and consumers are both trying to cut back on their debts on a mass scale, deflation really is the big threat...

Author: /time Magazine | Title: What the Fed's New Interest-Rate Cut Really Means | 10/30/2008 | See Source »

...oriented, sees problems as separate issues and is primarily reactive. Barack Obama is more of a visionary, seeing a bigger, intertwined picture. For example, the visionary would perceive energy as an issue related to our security, the environment, our domestic economy and foreign policy. The troubleshooter, McCain, tends to approach energy by proposing immediate fixes: opening areas for drilling, now; building nuclear plants; reducing restrictions. While style is no guarantee of competence, Obama's fits the country's needs. James A. Savage Jr., Holly Springs, North Carolina...

Author: /time Magazine | Title: Inbox | 10/30/2008 | See Source »

...Though many pundits accuse obama of being too cool, I do think some of it is on purpose. Imagine being the first African American with a real shot at the job. A hotheaded, emotional approach could make many whites uncomfortable. If Obama is elected and does the job well, the next time an African American runs, he or she will be freer to act less controlled. Diane Lake, Machesney Park, Illinois...

Author: /time Magazine | Title: Inbox | 10/30/2008 | See Source »

...Allan M. Brandt, dean of the Graduate School of Arts and Sciences. “Students are eager to put things together beyond single perspectives.” The consortium—which will offer courses in energy consequences, policy, and technology next year—takes an interdisciplinary approach, reflecting the wide range of expertise, including economic and public policy, required to solve the energy and environmental crises, according to Schrag. “The energy and environmental challenges we are likely to face in the future have very important aspects that are grounded in the physical sciences...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Interdisciplinary Consortium To Study Energy and Environment | 10/29/2008 | See Source »

...ambitiously. On the other side is the public, which increasingly believes that climate change is real and worries about it, but which rarely ranks it as a high priority. A 2007 survey by the U.N. Development Programme found that 54% of Americans advocate taking a "wait and see" approach to climate-change action - holding off on the deep and rapid cuts in global warming that would immediately impact their lives. (And it's not just SUV-driving Americans who take this position - similar majorities were found in Russia, China and India.) As a result, we have our current dilemma...

Author: /time Magazine | Title: What the Public Doesn't Get About Climate Change | 10/28/2008 | See Source »

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