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...nonpartisan Fed. That is to say, the Obama Administration can't take full credit for the bulk of the stimulus, and the Republicans can't disown it. So neither side talks much about it. Over the coming year these other forms of stimulus will - one hopes - be ratcheted back, while stimulus-bill spending will peak. At that point the great stimulus debate might actually start to matter. Until then, there's better football to be watched elsewhere...

Author: /time Magazine | Title: The Stimulus Spending Bill: Is It Working at All? | 11/2/2009 | See Source »

...recession has hit us in the hollywood hills very hard. Several times I've seen people walking not only their own dogs but also their own children. Though it has not yet come to that for me, I figured I should at least learn how to cut back my spending. And unfold the stroller...

Author: /time Magazine | Title: Joel Stein: The Week of Living Cheaply | 11/2/2009 | See Source »

Figuring we'd need help to keep frugality from bankrupting us, I asked Brad Tuttle, who writes the Cheapskate Blog for TIME.com for some advice. "It sort of doesn't matter if something is on sale or not on sale," he said. "What I always come back to on the Cheapskate Blog is, Do I need this?" Then Tuttle suggested some sites, such as Eversave.com and Coupon.com where I could print out coupons for stuff I wanted. He also mentioned a deal I couldn't pass up: that weekend, Ikea was giving out free breakfasts...

Author: /time Magazine | Title: Joel Stein: The Week of Living Cheaply | 11/2/2009 | See Source »

...combining coupons, discounts, rebates and a CVS Extra Bucks card, he actually got paid $3 to buy a product that accentuates the curls of black women. He still owns that product, with the vague hope of befriending a black woman and inventing a time machine that goes back to 1977. (See how Americans are spending...

Author: /time Magazine | Title: Joel Stein: The Week of Living Cheaply | 11/2/2009 | See Source »

Critics of lavish executive compensation can be forgiven for sounding weary; their fight goes back to ancient Greece. Plato recommended that a community's highest wage should not exceed five times its lowest. By the late 1890s, the banker J.P. Morgan had increased it to 20 times the average. The Securities and Exchange Commission enacted strict executive-compensation-disclosure laws in 1938, but four years after that, the New York Times denounced President Franklin Roosevelt's attempt to cap Americans' pay at $25,000 (about $331,000 today) as a ploy to "level down from the top"; Congress rebuffed...

Author: /time Magazine | Title: Brief History: Executive Pay | 11/2/2009 | See Source »

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