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...acceptable defense budget in Congress. House Democrats last week passed their own version of a budget for fiscal 1984, which begins in October. Depending on how inflation is calculated, the Democratic plan raises defense spending by about 2% to 4%, compared with the more than 10% after-inflation boost that Reagan wants...

Author: /time Magazine | Title: Archive: Reagan for the Defense | 3/21/2008 | See Source »

...single-digits by mid-2008. "2008 will likely be the year manufacturers [are] finally forced to take a general hit on profitability," he says. A soft landing for factories might even be beneficial for the country in the long term, because it would weed out inefficient operators and boost China's productivity. A period of "creative destruction" is an inevitable part of any business cycle. China's economic policymakers can only hope that the creative aspects of the coming shakeout outweigh the destruction...

Author: /time Magazine | Title: China's At-Risk Factories | 3/20/2008 | See Source »

...Energy Gets a Boost "Not a Watt to be Wasted" attracted my interest with its idea of using bridge vibrations to generate electricity [March 17]. A far greater source of energy is the ocean's tides. Off the coast of New England, tides rise and fall up to 4 m twice a day. How about generating electricity from floating pistons on the ocean? Unlike dams, floating pistons would be friendly to marine life; they would not silt up bays and would be far less expensive to construct. Just north of Maine, in the Bay of Fundy, a moon tide...

Author: /time Magazine | Title: Inbox | 3/20/2008 | See Source »

Energy Gets a Boost...

Author: /time Magazine | Title: Inbox | 3/20/2008 | See Source »

Will this boost its Web page to a top spot on Google? It will certainly make SHoP more visible everywhere else. For a while now, SHoP has been one of those firms whose name you keep noticing, attached to projects that look interesting. It's interesting all by itself. One thing distinguishes SHoP right away: it's not just a firm; it's a family. The five principals are Gregg Pasquarelli and his wife Kimberly Holden plus William and Coren Sharples, who are also husband and wife, and William's identical-twin brother Christopher. All of them are graduates...

Author: /time Magazine | Title: ShoPping Around | 3/19/2008 | See Source »

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