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Target an Industry and Stimulate Demand Cash for Clunkers - the program that paid people $4,500 to turn in their old cars and buy new ones - is one of the most demonstrably successful federal efforts at stimulating the economy so far. Over the summer, General Motors and other car companies ramped up production - adding shifts and running plants on overtime - to meet the increase in demand. Now policymakers are talking about Cash for Caulkers, a program that would give homeowners an incentive to better weatherize their houses. The goal would be to create work for a construction industry that still...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

...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 - and after...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

...Enterprise Rent-A-Car hiring guru Marie Artim, who says her company will hire 8,000 of 200,000 applicants worldwide, has found that her applicant pool is changing. "While 10 years ago we may have had the same numbers, today we have higher-quality and better-qualified applicants," she says...

Author: /time Magazine | Title: The Job Market: Is a College Degree Worth Less? | 12/8/2009 | See Source »

...whose jersey is again the NBA's most popular, has buried his legal troubles in the confetti of his latest championship. When the New York Yankees captured their 27th title in November, Alex Rodriguez's steroid use - a scandal botched as badly, from a p.r. standpoint, as Woods' mysterious car accident - took a backseat to story lines about how the revelation liberated him to focus on connecting with his teammates. (Read "Rachel Uchitel: Tiger Woods' Alleged Mistress...

Author: /time Magazine | Title: Let Down by a Tiger We Never Knew | 12/7/2009 | See Source »

...share of feisty women. His second wife Wanda Minge was arrested in 2004 for fighting with a woman at a suburban Virginia garden store. (Minge was reportedly upset that she was not being helped by the staff at a garden supplies shop with loading mulch on to her car; the charges were eventually lowered to misdemeanor assault and a plea deal avoided prosecution.) The 2007 holiday season was the last time in their quarter-century marriage that the oversized Christmas card from "Max & Wanda" bearing one of her paintings went out to Montana supporters. Their divorce became final in April...

Author: /time Magazine | Title: Max Baucus and His Women | 12/7/2009 | See Source »

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