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...recent weeks, the Obama Administration has taken heat for having underestimated how bad the economy would get. With the unemployment rate surpassing the Administration's best predictions, ABC's George Stephanopoulos asked Vice President Joe Biden if the stimulus package was too small or if the White House simply didn't have a handle on the seriousness of our economic ills. When an interviewer posed a similar question on National Public Radio, the chair of the President's Council of Economic Advisers, Christina Romer, replied, "It's important to realize that none of us has a crystal ball...

Author: /time Magazine | Title: Why Are Economists So Bad at Forecasting? | 7/17/2009 | See Source »

...know EVs, and we know the consumer will be annoyed if the experience isn't a good one," says Craver. "A bad buying and user experience could hurt EV market growth; we have to make the experience positive." (See the 50 worst cars of all time...

Author: /time Magazine | Title: Utilities Scramble to Meet Power Needs of Electric Cars | 7/16/2009 | See Source »

Highlight Reel: 1. The bad: Black students trail white students in reading and math in every state. The average overall gap in fourth and eighth grades was 26 points on the 500-point NAEP. Some areas saw an even larger disparity: Massachusetts, for instance, had a 40-point gap in eighth-grade math. (See pictures of a public boarding school...

Author: /time Magazine | Title: Studying the Impact of Race in the Classroom | 7/16/2009 | See Source »

...fear that she might be an empathy-driven activist intent on legislating from the bench and imposing her vision of identity politics on an unwilling nation. But is Sotomayor telling the whole story when she says Supreme Court Justices shouldn't - and don't - make policy? It's too bad that neither Sotomayor nor any of the Senators felt at liberty to say what many scholars and court observers believe to be true: Justices often legislate from the bench, and sometimes that's a good thing...

Author: /time Magazine | Title: What's Wrong with Judges Legislating from the Bench? | 7/16/2009 | See Source »

...costs. That should mollify those who worry that she will be swayed by empathy rather than the Constitution, but it's a less-than-complete description of how judges actually behave - or perhaps what she herself believes. At this point in our polarized judicial politics, it's too bad that Senators and Supreme Court nominees can't say in public what many of them recognize in private: Of course judges - both liberal and conservative - legislate from the bench, and on occasion, they even do it well...

Author: /time Magazine | Title: What's Wrong with Judges Legislating from the Bench? | 7/16/2009 | See Source »

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