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...stimulus bill is creating opportunities for workers in health care, education and energy. The report reiterates that the economists believe the stimulus plan will create 3.5 million jobs by the end of 2010. "The various forms of fiscal stimulus are expected to provide powerful upward pressure on aggregate demand and to aid recovery," Romer's group says. (See 10 perfect jobs for the recession - and after...

Author: /time Magazine | Title: Obama's Stimulus Plan: Failing by Its Own Measure | 7/14/2009 | See Source »

...former top economist at the Federal Reserve, says the problem with the stimulus bill is that it stimulates parts of the economy - like the health-care and alternative-energy industries - that were likely to grow anyway. He believes it would have been better to spend on U.S. manufacturing, where demand is much less certain to resurface and jobs are being shed rapidly. "I don't buy the argument that you just have to give the stimulus package more time," says Reinhart. "By the test they put forward to grade the stimulus, it is failing...

Author: /time Magazine | Title: Obama's Stimulus Plan: Failing by Its Own Measure | 7/14/2009 | See Source »

...prime time depicts a medical system in which the technology is amazing but access is terrifying and sometimes random. Nurse Jackie, Hawthorne and NBC midseason nurse drama Mercy present nurses butting heads with doctors who demand incorrect treatments, with dangerous or fatal results...

Author: /time Magazine | Title: POTUS TV: Paging Dr. Obama | 7/13/2009 | See Source »

...state of the economy presents any new, expensive venture with challenges. And though the ratings for the Beijing Games were strong - driven by interest in China and in the epic quest of swimmer Michael Phelps - it doesn't follow that there's even a speck of demand for Olympic programming in non-Olympic years. Given the already cluttered and competitive sports-television landscape, who wants to watch Taekwondo or table tennis on a Saturday afternoon in October? Or November? Or April? "The chances of an USOC channel moving the dial is very unlikely," says Ganis. "The audience is a niche...

Author: /time Magazine | Title: How Olympic TV May Kill Chicago's 2016 Bid | 7/13/2009 | See Source »

...That's still only about 10% of the E.U.'s gas demand. By contrast, Russia exports 140 billion cu m of gas to the E.U. every year. But Nabucco could break Russia's stranglehold over countries that are most dependent on its gas and most vulnerable during winter cutoffs, such as Bulgaria, Slovakia and Romania. That dependence has also long undermined the E.U.'s efforts to create a common market for European energy, with transparent pricing and a single negotiating stance with suppliers like Russia...

Author: /time Magazine | Title: Europe Tries to Break Its Russian Gas Habit | 7/13/2009 | See Source »

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