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Unleashing Harvard’s ingenuity is possible whether its endowment is $25 billion or $35 billion. Banks may be hesitant to lend, but the obstacle today is not a lack of financing—it is Harvard’s lack of will. Jump-starting activity on Harvardâ?...

Author: By HARRY E. MATTISON | Title: Harvard’s Allston Opportunity | 12/9/2009 | See Source »

Though the President did not offer a cost - estimates on Capitol Hill have put the total bill at anywhere between $75 billion and $200 billion - he did justify the new spending by citing nearly $200 billion in unspent or returned funds from the Troubled Asset Relief Program, or TARP. "This...

Author: /time Magazine | Title: Calling for a New Stimulus, Obama Is Ready to Rumble | 12/9/2009 | See Source »

The President's logic is at odds with the initial premise of TARP, which was sold to Congress as a loan program that would be mostly paid back to the Treasury, where its proceeds would be used to pay down the deficit. "The $700 billion program we have proposed is...

Author: /time Magazine | Title: Calling for a New Stimulus, Obama Is Ready to Rumble | 12/9/2009 | See Source »

Boost Access to Credit for Growing Businesses Small businesses - or, to be more precise, young businesses - create a disproportionate share of new jobs. To do that, they need to grow, and to do that, they often need access to credit. While the ability of large firms to borrow has pretty...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

The government has already taken a number of steps in this realm, largely through the Small Business Administration. The issue with increasing access to credit, though, is that easy money was one of the main reasons we wound up on the brink of economic calamity in the first place. Taken...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

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