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...Congress and the Administration are concerned about the economy but the panic and the adrenalin rush which accompanies it have not hit with a full force. The prospect of another 524,000 people being put out of work in just 30 days and the likelihood that the situation will only get worse as industries from retail and automotive cut more people may be the only thing that drives an admittedly imperfect set of bills though Congress, to the President's desk, and into the bureaucracy that must implement the programs...

Author: /time Magazine | Title: Horrible Jobs Report May Save the Economy | 1/9/2009 | See Source »

...stimulate a stumbling economy? For decades, the consensus among economists was that this was a job best left to the Federal Reserve and to such automatic fiscal stabilizers as unemployment insurance. Passing laws in Congress to cut taxes or boost spending to stave off a downturn was seen as pointless at best. Such help would arrive too late or in the wrong place, the thinking went, or would have no impact at all. (See TIME's "Bailout Report Card...

Author: /time Magazine | Title: Will Obama's Stimulus Package Work? | 1/9/2009 | See Source »

...Members of Congress get special license plates and free postage, right? Any other cool perks of the office...

Author: /time Magazine | Title: The First Gen Y Congressman | 1/8/2009 | See Source »

...Most of your colleagues in Congress are old enough to be your parents. How do you see the job differently than they...

Author: /time Magazine | Title: The First Gen Y Congressman | 1/8/2009 | See Source »

...humbling to know that several hundred thousand people cast their ballot to put a 27-year-old in the U.S. Congress. To have their faith in my ability to represent them and to do a good job for central Illinois means a lot. That weighs heavily on me, the responsibility to deliver for them...

Author: /time Magazine | Title: The First Gen Y Congressman | 1/8/2009 | See Source »

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