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With the projected $79 billion in cap-and-trade revenue, the Obama administration should support the development of clean, alternative energies. Cap-and-trade will help reduce emissions, but it may not be enough to reach the budget’s goals of a 14-percent reduction below 2005 levels...

Author: By The Crimson Staff | Title: A Budget to End All Budgets | 3/1/2009 | See Source »

But evolution skeptics have reason to cheer as well, because the celebration of Darwin’s work among scientists and in the media will likely reignite the debate over whether evolution or creationism should be taught in schools. Creationists will point out that the Darwin love-fest among scientists...

Author: By Adam R. Gold | Title: Not the Year of Our Lord | 3/1/2009 | See Source »

The surge in small-car sales helped China pass a milestone. For the first time ever, more cars were sold in China (735,000 vehicles) in a month than were sold in the U.S. (657,000). In January at least, China was the world's largest car market. "The tax...

Author: /time Magazine | Title: China's Auto Bailout Takes a Different Route | 3/1/2009 | See Source »

Then came the cars. And the backyard barbecues. And the black-and-white TVs. Ozzy and Harriet, Lucy and Ricky, Leave it to Beaver. In September 1958, Bank of America tested its first 60,000 credit cards (later named Visa) in Fresno, Calif. Within a decade, Americans had signed up...

Author: /time Magazine | Title: The Middle Class | 2/27/2009 | See Source »

The bears, instead, are looking at the Chinese economy's continued signs of weakness. Exports, a key driver of growth, continue to plummet as demand for China's toys, blue jeans and TV sets dries up in the United States. In January, exports plunged 17.5% from the same month a...

Author: /time Magazine | Title: China's Economy: Rare Signs of Optimism | 2/27/2009 | See Source »

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