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...normal." Housing will not recover much if those assessments are true. Over the last decade the unemployment rate has been closer to 5% than to 8%. The three percentage point difference in a labor force which numbers more than 100 million people is a hole in the economy that cannot be filed. People without work are not going to be home buyers...

Author: /time Magazine | Title: Housing Is Not Just Bad, It's Getting Worse | 5/27/2009 | See Source »

...Nokia cannot be counted out in the app download business even though Apple's store launched months ago. Developers may not want to miss the opportunity to offer products to such a huge customer base. Software made for the iPhone will often not have to be re-engineered from the ground up to work on Nokia phones. There are financial advantages to having access to two smart-phone platforms. (See pictures of the iPhone...

Author: /time Magazine | Title: Nokia's Application Store Faces Apple Dominance | 5/26/2009 | See Source »

...President claims, his election was a mandate for a larger public sector, then would not the honest and responsible move be to ask everybody to pay at least a little bit more? Is a taxpayer making $95,000 a year such a delicate Fabergé egg that he or she cannot chip in an extra $750 a year to help pay for this huge new public sector and all the benefits it promises...

Author: /time Magazine | Title: The Sacrifice Gap | 5/25/2009 | See Source »

Infrastructure and sanitation remain huge problems. Major roads are still in need of repair; large towns still do not have safe tap water. Schools cannot provide students with textbooks, and civil servants grumble over the $100 monthly salary they receive. And Zimbabwe owes international financial organizations more than $1 billion. While the World Bank has agreed to resume aid to Zimbabwe for the first time since 2000 with a tentative $22 million grant, bigger loans will follow only after Harare retires its debt. (See pictures by James Nachtwey on some of the poorest people in the world, including in Zimbabwe...

Author: /time Magazine | Title: Zimbabwe in Transition: A 100-Day Report Card | 5/23/2009 | See Source »

...government shows evidence of true reform. Robertson asks, "Is Mugabe willing to meet the conditions [set by the West] of rule of law, etc....? He has shown he is not ready to do so." He adds, "Unless the West comes in, things like cholera outbreaks will remain, as we cannot afford to replenish our water and sewage system...

Author: /time Magazine | Title: Zimbabwe in Transition: A 100-Day Report Card | 5/23/2009 | See Source »

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