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...downside: intervening in the economy in such a precise way is almost by definition not expandable. Cash for Caulkers would give building contractors a boost, but they represent a small slice of the economy. To next help out, say, bakers, policymakers would have to design a brand-new program. Plus, if such a program had an expiration date, we'd feel not just a rise in demand, but a fall later on as well. Car manufacturers and the people who work for them certainly did after the Cash for Clunkers discounts ended. (See 10 perfect jobs for the recession...
...reporting in the journal ZooKeys, Sereno's team has announced the discovery of fossils from three brand-new species and new fossils from two known species. Along with SuperCroc, they add up to a virtual menagerie of ancient crocodiles that inhabited a range of ecological niches - species nicknamed BoarCroc, RatCroc, PancakeCroc, DuckCroc and DogCroc. (See the top 10 scientific discoveries...
...about whether a given investment is necessary, and what's palpable in China is the sense of forward motion, of energy. No foreigner - at least not one I've met in five years of living here - even bothers denying it. And the Chinese take it for granted. When a brand-new six-lane highway opened in suburban Shanghai in October, Zhong Li Ping, who shuttles migrant workers to the city and back to their hometowns, said, "I don't know what took them so long." In truth, it took about two years - roughly the time it would take...
...political kinetics that Georgian President Mikheil Saakashvili reserves for the many visitors whose good opinion he seeks. "I'm sure you'll be charmed," says Tinatin Khidasheli, a human-rights lawyer who is a leader of the opposition Republican Party of Georgia, over espresso and cigarettes at the brand-new Radisson Tbilisi. "Everyone always...
While other automakers are closing plants in the U.S., Kia, which is controlled by South Korea's Hyundai Automotive Group, is preparing to open a brand-new assembly plant in West Point, Ga., southwest of Atlanta. The $1.2 billion, 2.2 million-sq.-ft. plant will begin producing Kia vehicles for the retail market next month. Up until now, Kia had imported 100% of its vehicles. (See the 50 worst cars of all time...