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...Minding the gap isn't merely an academic exercise. Excess capacity directly affects the biggest question facing policymakers today: when to exit from stimulus programs that were introduced to combat the recession. Everyone agrees the cure for excess capacity is increasing demand, whether it is generated through a fundamentally strengthening economy or through artificial means like "Cash for Clunkers" measures. Turn off the tap too quickly before normal demand recovers, and the downturn could persist. "The best way of reducing excess capacity is by not prematurely unwinding stimulus spending," Lin of the World Bank told TIME...

Author: /time Magazine | Title: A Threat to Global Recovery: Too Many Factories | 10/6/2009 | See Source »

During World War I, more American women died during childbirth than American men fell in combat. And while western countries have since raised healthcare quality for women to preclude such a statistic, complications during childbirth still pose a significant problem in the developing world, said journalists Nicholas D. Kristof ’81-’82 and Sheryl WuDunn at the Brattle Street Theater last night...

Author: By Kerry K. Clark, CONTRIBUTING WRITER | Title: Journalists Explore Oppression of Women | 10/6/2009 | See Source »

...there is a real and strong middle option: to put ourselves and friendly Afghans in a position to manage future terrorist threats in that country without a major U.S. combat role. We can accomplish this by doing what we actually know how to do: arm, train, divide the enemy, contain and deter...

Author: /time Magazine | Title: Two Arguments for What to Do in Afghanistan | 10/5/2009 | See Source »

...Third, surge about 10,000 new combat forces on top of the 68,000 already authorized and create an additional 5,000 dedicated trainers. Such a surge should be sufficient to handle immediate troubles...

Author: /time Magazine | Title: Two Arguments for What to Do in Afghanistan | 10/5/2009 | See Source »

...These actions can be in place within one to two years and allow the U.S. to be mostly withdrawn from combat within three. This strategy rests on a time guideline, not a fixed timetable. It is in keeping with our overriding interests: first, to check terrorist threats worldwide and not place disproportionate bets in Afghanistan; and second, to extricate ourselves from unending major wars so that our leaders can focus sharply on reconstituting what makes the U.S. the leading world power - our economy...

Author: /time Magazine | Title: Two Arguments for What to Do in Afghanistan | 10/5/2009 | See Source »

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