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...true, we're in a recession, and nearly 1 in 10 workers is unemployed. There are plenty of people willing to work for less money. But in other recent recessions salary growth hasn't slowed this much. Going back to the early 1990s, base salaries never increased by less than 3.4% a year, according to Hewitt, which polled 1,156 large companies to get its latest data. Companies desperate to slash costs are turning to worker salaries more deliberately than they have in the past. Some 48% of companies have frozen salaries this year, compared to just 2% last year...

Author: /time Magazine | Title: Pay Raises Are the Worst in 33 Years | 8/12/2009 | See Source »

...from every direction - and there's a community atmosphere. People meet other people. Everyone is there to share in the experience of that truck." Case adds that in a sprawling city like Los Angeles, where traffic is permanently gridlocked, being mobile means being able to cultivate a broader fan base. "It breaks down the urban fabric," she says. "We are neighborhood-specific in every neighborhood." (See nine kid foods to avoid...

Author: /time Magazine | Title: A Cool Way to Make Architecture Pay: Ice Cream! | 8/12/2009 | See Source »

While his Republican Party has been flailing and losing and dwindling to its base, Florida Governor Charlie Crist has remained extremely popular by governing from the middle. He has stocked his administration with Democrats, appointed a fairly liberal African-American Democrat to the state supreme court, expanded voting rights for felons, crusaded against global warming and enthusiastically supported President Obama's stimulus package. Crist's crossover appeal - along with his powerhouse skills as a fundraiser and campaigner - has made him a heavy favorite to join the Senate in 2010. To some observers, his success in the largest swing state could...

Author: /time Magazine | Title: GOP at War with Itself in Florida Senate Race | 8/12/2009 | See Source »

...minority speaker of the Florida house of representatives and is now described by fluttery admirers as an Obama of the right. He's a passionate defender of traditional Republican principles and wasn't part of the generation of Republican leaders who betrayed them. He speaks for the tea-party base, the limited-government purists who believe the GOP lost favor because its leaders were insufficiently rather than overly conservative. They see Crist as part of the problem, a big-spending, eco-radical, finger-in-the-wind Democrat-lite. (See pictures of GOP memorabilia...

Author: /time Magazine | Title: GOP at War with Itself in Florida Senate Race | 8/12/2009 | See Source »

...wanted to draw up a candidate for a party that needs to stop alienating young, Hispanic, Catholic and working-class voters and start inspiring its dispirited base of fiscal and social conservatives, Rubio would be it. He's the son of Cuban exiles, a bartender and a hotel maid who raised him to remember that faith matters, work pays and politics can stifle liberty in a big way. He's married to a former Miami Dolphins cheerleader, and he's got four young children. He's only 5 ft. 9 in. and 160 lb., with a sweet-faced earnestness that...

Author: /time Magazine | Title: GOP at War with Itself in Florida Senate Race | 8/12/2009 | See Source »

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