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...shed 8.4 million more jobs than it has gained. The unemployment rate hovers near 10%, and broader measures of labor-market woes that include underutilized workers are as high as 16.8%. Go down the nation's list of economic problems - from mortgage defaults to state-budget shortfalls - and joblessness lurks in the background. (See how some Americans are facing the prospect of long-term unemployment...

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

...took a while, but on Thursday, House Democrats inched the health care boulder a bit further up the legislative hill after the nonpartisan Congressional Budget Office said the House's new health care proposal would slash $138 billion from the federal deficit by 2019, and extend health insurance to 32 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...

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

...President must go even further. Our schools still offer teachers lifetime job protection, predominantly lockstep pay systems and seniority rules that reward longevity, not excellence. Our budget hole in New York is so big that we'll probably have to lay off teachers later this year. You know who will be the first to go? Thousands of energetic new teachers - simply because they were the last people hired. Sure, experience matters. But so do skill and energy. We must be able to make staffing decisions based on performance, not just time served. This President has shown an unprecedented willingness...

Author: /time Magazine | Title: Does Obama's Education Plan Make the Grade? | 3/18/2010 | See Source »

White has tried to take advantage of a potential $11 billion state-budget shortfall, deriding Perry's support for a 5% across-the-board budget scrub as "Soviet-style" management. Unfortunately, his criticism of Perry's style was accompanied with a refusal to rule out tax increases - a position the Perry campaign pounced on. Perry pollster Mike Baselice says White's support for taxes, national health care reform and cap-and-trade legislation help define him as a "McGovern liberal...

Author: /time Magazine | Title: Has a Democrat Got a Chance of Becoming Governor of Texas? | 3/17/2010 | See Source »

...Speaker Nancy Pelosi spent another day wooing votes for a package of still largely unknown changes to the Senate health bill that would bring it more in line with the House bill that passed last year, the GOP line of attack seemed to be gathering momentum. The delayed Congressional Budget Office estimate of how the revamped bill would affect the federal deficit has created a convenient opening for Republicans to shift the narrative from the substance of the Democratic legislation to the process by which it may be passed through Congress. (See the top 10 health care reform...

Author: /time Magazine | Title: Who's Winning the Message War on Health Care? | 3/17/2010 | See Source »

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