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...creates fiscal stimulus. That stimulus (deficit) was $1.4 trillion for the just-ended fiscal year, up about $1 trillion from the year before. The stimulus bill accounted for just $200 billion of that increase, according to the Congressional Budget Office. Bailing out banks and other financial firms cost $245 billion. A $419 billion drop in tax receipts (due mainly to recession, not legislation) without an offsetting spending cut was the biggest factor in the deficit's rise. Then there are the trillions of dollars the Federal Reserve put into asset purchases and other programs - surely the biggest stimulus...

Author: /time Magazine | Title: The Stimulus Spending Bill: Is It Working at All? | 11/2/2009 | See Source »

Members of the Historic Indian Village Association, a local residents' group, share the cost of private security - about $30 per household each month. Association president Doug Way, 42, moved to Detroit with his wife seven years ago and fell in love with Indian Village's 19th century manors, built for the city's emerging industrial barons. Footing the bill for private security is almost like paying an extra tax, he acknowledges, but it's worth the cost. The median sale price of homes in Detroit has plunged from $59,700 in August 2005 to $8,000 just two months...

Author: /time Magazine | Title: Detroit: Where Private Security Is Booming | 11/2/2009 | See Source »

...Offensively we were inconsistent, made some foolish mistakes that cost us—turnovers,” Teevens said. “We didn’t put enough things together...

Author: By Madeleine Smith, CONTRIBUTING WRITER | Title: Running Wild | 11/2/2009 | See Source »

...been even higher if the College allowed other students to stay on campus provided that they were willing to forgo a meal plan during their stay. These students would live in their houses and do their work like other J-term residents, but would eat elsewhere. Given the low cost of maintaining such meal-free roomers, we see no reason why these students could not also be allowed to spend at least a portion of January at Harvard...

Author: By The Crimson Staff | Title: J-Term Housing: The Happy Truth | 11/2/2009 | See Source »

...events of the last month have drifted into uncharted territory. And on Oct. 20 Rudd and Indonesian President Susilo Bambang Yudhoyono allegedly penned a deal, rumored to cost Australia $45 million, which would keep asylum seekers heading to Australia detained in Indonesia. The deal is dubbed by Australians as the Indonesian Solution, and many are unhappy that Indonesia is doing Rudd's dirty work. Following a personal plea from Rudd last month, Indonesian President Susilo Bambang Yudhoyono gave the Oceanic Viking the green light to disembark in Indonesia. It was taken to Bintan Island, where an Australian-funded detention center...

Author: /time Magazine | Title: Asylum Seekers Stuck in Indonesia-Australia Standoff | 11/2/2009 | See Source »

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