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...That didn't work out so well either. The public demanded its entitlement programs - deficits be damned - and a strong defense, and loved having politicians who secured funding for a Yo-Yo Hall of Fame in their district. Deficits grew until the combined actions of George H.W. Bush and Bill Clinton caused the deficits to stop growing. How, you might ask, did they manage that? They raised taxes. Somehow the economy not only survived, it prospered. (See pictures of tea-party tax protests...

Author: /time Magazine | Title: Health Care: Do the Right Thing on Taxes | 10/29/2009 | See Source »

...system to establish an economic disincentive for carbon emission by requiring polluters to pay a fine to the government or to other smaller polluters should they pass a certain emissions benchmark. As soon as the votes were finished being counted in the House, conventional wisdom declared the bill dead in the Senate, where it faces overwhelming opposition by Republicans and considerable opposition by Democrats hailing from coal-producing states. Among the latter is Montana Senator Max Baucus, who said, “We cannot afford the unmitigated impacts of climate change but we also cannot afford the unmitigated effects...

Author: By The Crimson Staff | Title: The Nuclear Option | 10/28/2009 | See Source »

...Taliban and is still a hotbed of militant activity. Karzai's influence over local tribes, augmented by his brother's place in the presidential palace and his access to security assets, development contracts and U.S. money, would be substantial. As President Barack Obama deliberates signing a new bill that would allow money to be allocated for insurgents who jump the fence and fight on the side of the government, as was done in Iraq's Anbar Awakening, Karzai would be a key point person for mediating between the Taliban and the presidential palace.(See pictures of the battle in Afghanistan...

Author: /time Magazine | Title: Karzai's Problem Brother: Drugs, Spies and Controversy | 10/28/2009 | See Source »

...other noncoercive policies that can promote desired behaviors. The Administration has pushed one nudge after another, from simplified financial-aid forms after studies showed they could increase college-attendance rates to automatic savings plans for small businesses. It even doled out our payroll-tax cuts in the stimulus bill by decreasing our weekly withholding rather than cutting us big lump-sum checks, because the research suggested we'd be less likely to notice it and more likely to spend...

Author: /time Magazine | Title: The Public Option: Let's Not Opt Out and Say We Did | 10/27/2009 | See Source »

...states are subject to inertial forces too. Passing a bill is always a lot harder than not passing a bill. There can be procedural roadblocks, financial roadblocks, legal roadblocks and political roadblocks. History has shown that states can be as dumb, lazy and conformist as the people who live in them, regardless of their real or perceived interests. Politics is often an unpredictable business. You think you know what's going to happen, but then there's a surprising poll, a crucial indictment, a backroom deal...

Author: /time Magazine | Title: The Public Option: Let's Not Opt Out and Say We Did | 10/27/2009 | See Source »

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