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Ironically, the fruits of victory can sometimes contain seeds of defeat. With health care reform currently hanging by a thread and panic spreading through the Democratic ranks, it feels less like 1933 than 1993 - when another charismatic, inexperienced President prematurely tested the ice of post-Reagan liberalism, only to find it wouldn't support his activist agenda. Like Bill Clinton before him, Obama has been criticized for misreading his mandate, spending his political capital on health care reform at a time when millions fear for their jobs. It was as if FDR had devoted his first Hundred Days to promoting...

Author: /time Magazine | Title: Era of No Consensus | 2/22/2010 | See Source »

...financial joyriders who touched off the crisis. Lost in the euphoria surrounding Obama's victory, here was a change of the seismic variety, though admittedly far removed from the new President's vision. Indeed, it suggested that a tipping point had been reached, foreshadowing the fierce resistance to health care reform in a nation where most people were already insured, and most of those seemed content with the status quo. Far from riding history's crest, Obama found himself shouting into the wind. A year into his presidency, two things stand out: the easy history has been made...

Author: /time Magazine | Title: Era of No Consensus | 2/22/2010 | See Source »

...bathroom or by barbers whose salons consist of a tree trunk with a mirror tacked onto it. Habib has helped convince middle India that hair is not just something that grows on your head but a market waiting to be primped and tugged at. "People used to think hair care was a low-grade profession, with no future," he says. "I showed them that it's both a science and a business." (See pictures of India's contraband wildlife...

Author: /time Magazine | Title: In India, A Salon A Cut Above the Rest | 2/22/2010 | See Source »

...first time, are enjoying a modicum of disposable income. In 2009 he launched Hair Espresso outlets, offering cuts for a little more than $2. Costs are low, turnover high: a three-chair outlet in Mumbai recently churned out 186 cuts in one day. This month, Habib will launch hair-care products for direct sale on TV, "so that customers in Canada and the U.S. can buy them," in addition to clients of his academies in Mauritius, Singapore and Kenya. "If Indian doctors and IT experts are so popular throughout the world, why not Indian hairdressers?" he asks...

Author: /time Magazine | Title: In India, A Salon A Cut Above the Rest | 2/22/2010 | See Source »

...since before the subcontinent's independence. His grandfather was barber to both the last British viceroy, Lord Mountbatten, and Jawaharlal Nehru, India's first Prime Minister, and Habib's father cut hair too. But Habib's vision is broader. He wants his business to become the Walmart of hair care...

Author: /time Magazine | Title: In India, A Salon A Cut Above the Rest | 2/22/2010 | See Source »

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