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...efforts at stimulating the economy so far. Over the summer, General Motors and other car companies ramped up production - adding shifts and running plants on overtime - to meet the increase in demand. Now policymakers are talking about Cash for Caulkers, a program that would give homeowners an incentive to better weatherize their houses. The goal would be to create work for a construction industry that still hasn't found its feet in the wake of the real estate bust, while also pushing through a bit of the Administration's green agenda...

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

...Marty Nemko, a career and education expert who has taught at U.C. Berkeley's Graduate School of Education, contends that the overflow in degree holders is the result of many weaker students attending colleges when other options may have served them better. "There is tremendous pressure to push kids through," he says, adding that as a result, too many students who aren't skilled become degree holders, promoting a perception among employers that higher education doesn't work. "That piece of paper no longer means very much, and employers know that," says Nemko. "Everybody...

Author: /time Magazine | Title: The Job Market: Is a College Degree Worth Less? | 12/8/2009 | See Source »

...brittle, devoid of popular support. This epic faith in the U.S.'s military, economic and ideological power fueled Bush's decision to define the war on terrorism as the U.S. against the field. It was like the way Americans once talked about Olympic basketball: we were so much better than all the others that they might as well combine into one opposing team so we could take them all on at the same time...

Author: /time Magazine | Title: Obama Shrinks the War on Terrorism | 12/7/2009 | See Source »

...more troops to Afghanistan, Obama has abandoned the goal of making the country Taliban-free. For all the attention it has received, the decision about troop levels is essentially tactical: it's an effort to win the military leverage necessary to persuade elements of the Taliban that they're better off in government than on the battlefield. "Ultimately," Defense Secretary Robert Gates has declared, there must be "reconciliation with the Taliban...

Author: /time Magazine | Title: Obama Shrinks the War on Terrorism | 12/7/2009 | See Source »

Bolivian voters, at least, issued a resounding yes in Sunday's presidential election: the initial tally shows Morales, now 50, winning re-election with 63% of the vote, almost 10 points better than his 54% showing four years ago. He defeated his closest opposition candidate by 40 points. His party, the Movement Toward Socialism (MAS), won two-thirds of the seats in Bolivia's Congress. As a result, said Morales, "I am obligated to accelerate the pace of change." The statement was sure to buoy the indigenous majority that makes up his base while vexing the more conservative white minority...

Author: /time Magazine | Title: Morales' Big Win: Voters Ratify His Remaking of Bolivia | 12/7/2009 | See Source »

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