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...will have to take steps to cut the budget deficit. However, a large deficit is much more harmful to an economy at full employment than it is to an economy with a gap between potential and actual production. This compelled Obama to sign the stimulus into law. But his bark must match his bite. By mixing his messages, he casts doubt about his plans and his dedication to fixing the economy. The details of the budget don’t take into account the possibilities of other potential measures Obama might have to take to save the economy. The current...

Author: By Malcolm-wiley T. Floyd | Title: DISSENT: Obama, Hoover, Maynard Keynes? | 2/23/2009 | See Source »

...from him, thank you very much.And furthermore: as we trundled off, I saw just how sweet this moment would be. If we’d left when Daddy wanted, we wouldn’t have caught any of this. The way the fog nuzzled the palmettos’ shingly bark as it slunk to the marshes. Or how Ezekiel yelled to another Negro, “Boy, what you doin’ fishin’ when the Lord’s arose? Get you some doctrine.” It’s true that the Spanish moss, once...

Author: By Nathan D. Johnson, CONTRIBUTING WRITER | Title: Featured Fiction | 2/20/2009 | See Source »

...both curious and troubling that their church has launched a major campaign against a piece of legislation that doesn't exist and wouldn't have much chance of becoming law even if it did. To many critics, it feels like the legislative equivalent of the dog that didn't bark. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: The Catholic Crusade Against a Mythical Abortion Bill | 2/19/2009 | See Source »

...technique. The artist works over still wet washes of water-soluble pigment with a brush dipped in concentrated color and squeezed almost dry. The stiff bristles, flattened and frayed looking, add textures of weight and depth. "I use it for the grass on a hill, for example, or the bark of a tree," says Wyeth. * The National Gallery of Norway in Oslo has the 1959 tempera, Albert's Son, by donation from former U.S. Ambassador to Norway L. Corrin Strong...

Author: /time Magazine | Title: TIME Cover: Andrew Wyeth's World | 1/16/2009 | See Source »

...electrical generator at the town's biomass facility. Nearby, a three-year project sponsored by Japan's Economy, Trade and Industry Ministry's New Energy Development Organization (NEDO) uses wood chips from larch trees to create gas that powers the farm's milk and cheese operations. The bark of other trees is also made into pellets for heating stoves used throughout the community. A local winery, for instance, has two such stoves, and Kuzumaki pays residents up to 50,000 yen ($490) toward the cost of installing one. All told, clean energy generated 161% of Kuzumaki's electricity last year...

Author: /time Magazine | Title: A Japanese Town That Kicked the Oil Habit | 12/22/2008 | See Source »

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