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...production back up, but demand hasn't fully returned, so they hesitate to hire. The conundrum: demand in the U.S. is overwhelmingly consumer-driven and people need to have jobs to feel like it's once again safe to spend money. It's a classic chicken-or-egg problem. Direct hiring by the government could, theoretically, sidestep the impasse. The question then becomes whether such a program creates more economic benefit than it does economic inefficiency by having the government dictate job creation. Consider that one criticism of the WPA was that it prevented people from moving to jobs where...

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

...North Korea's dictator Kim Jong Il has previously declared the six-party talks "dead," saying only direct negotiation with the U.S. on a range of issues is acceptable. But pressure from China - thought to be the only country with any leverage over Pyongyang - may have produced a change of heart. Since late this summer, North Korea has taken some steps to ease ongoing tensions with South Korea; Kim personally met with former U.S. President Bill Clinton when he traveled to Pyongyang in order to free two American journalists who had managed to get themselves arrested in North Korea...

Author: /time Magazine | Title: U.S. Tries Direct Talks with North Korea | 12/8/2009 | See Source »

Though some Council members, such as Hayward, argued during the debate period that the UC should move on from the drama surrounding the presidential elections and direct its attention back to the “business of the council,” the censure motion—which requires a majority vote—passed 26-15-1 by secret ballot...

Author: By Melody Y. Hu, CRIMSON STAFF WRITER | Title: Undergraduate Council Votes to Censure VP After Election Scandal | 12/7/2009 | See Source »

...Obama's Afghanistan decision, it's instructive to go back to one history-shifting sentence, uttered by his predecessor more than eight years ago. It was Sept. 20, 2001. The nation was in agony, and George W. Bush stood before a joint session of Congress, telling Americans where to direct their rage. "Americans are asking, 'Who attacked our country?'" Bush declared early in his remarks. "The evidence we have gathered all points to a collection of loosely affiliated terrorist organizations known as al-Qaeda." (See pictures of the battle against the Taliban...

Author: /time Magazine | Title: Obama Shrinks the War on Terrorism | 12/7/2009 | See Source »

...Obama's narrower struggle against al-Qaeda, however, a cold war with Tehran makes little sense. For all its nastiness, the Iranian regime doesn't direct its terrorism against the U.S. And Iran's Shi'ite theocrats have a mostly hostile relationship with the anti-Shi'ite theocrats of al-Qaeda. In both Iraq and Afghanistan, Iran has caused trouble for the U.S. largely out of fear that if the U.S. prevails in those countries, Iran will be next. But the Obama Administration seems to believe that if the U.S. can convince Iran's regime that it's not next...

Author: /time Magazine | Title: Obama Shrinks the War on Terrorism | 12/7/2009 | See Source »

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