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...wage earners. That's why President Barack Obama, in his State of the Union address, called jobs his "No. 1 focus" and proposed repurposing bank-bailout money to lend more to small businesses, which would then, presumably, generate jobs. On March 17, Congress passed a job-creation bill that includes, among other things, an estimated $13 billion worth of tax incentives to coax companies into adding to their payrolls. (See 10 perfect jobs for the recession...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...also the reason the job-creation bill passed by Congress includes an accelerated tax break for companies buying equipment. Companies that sell equipment need people to build it, and companies that buy equipment need people to run and maintain it. Many firms outside of financial services have surprisingly solid balance sheets, Manyika points out, and might be wooed into investing sooner rather than later. That would drum up sales for the firms they'd be buying equipment from...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...million uninsured Americans. Earlier in the week, observers wondered why it was taking longer than expected for the key number cruncher to issue a verdict. Not only did the delay raise the question of whether all the compromises made to try to win broad enough support would make the bill too costly, but it also played into the hands of Republicans trying to keep the focus on the messy process of passing the bill rather than the substance in it. (Read "Health Reform Passes Senate, But Will House Dems Sign...

Author: /time Magazine | Title: How Dems Got the Score They Wanted on Health Reform | 3/19/2010 | See Source »

...candidate of "experience" with a candidate of "change." His team toppled conventional wisdom. Now he tells wavering Democrats in Congress to take their own leap of faith: Look past the numbers that show widespread dismay at the health care debate and a nation deeply divided over the Democratic bill. Believe that health care reform is a 2010 win for Democrats...

Author: /time Magazine | Title: Health Care Brawl: Why Obama's Team Thinks It Can Win | 3/18/2010 | See Source »

...prescription-drug costs. Second, he says, the worst fears of Americans will never be realized. "Is somebody's elderly parent or relative going to be put to death by a death panel?" he asks. "No. It doesn't exist." Third, a sizable chunk of those who oppose the current bill - roughly 1 in 6 in a January CNN poll - want the bill to be even more liberal...

Author: /time Magazine | Title: Health Care Brawl: Why Obama's Team Thinks It Can Win | 3/18/2010 | See Source »

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