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...fell 1.5%, according to the U.S. Labor Department. That's the biggest drop since 1991, according to Jared Bernstein, an economist at the Economic Policy Institute, a research group based in Washington. Wage erosion partly explains why the Federal Reserve Board openly frets about the threat of deflation, a downward spiral in prices that can cripple an economy by making debt repayment more difficult and encouraging consumers to wait for even lower prices. Adding fuel to the deflation debate, the cost of goods to both consumers and manufacturers fell in April, officials reported last week...

Author: /time Magazine | Title: Where Did My Raise Go? | 5/26/2003 | See Source »

...guard against a corrosive bout of deflation, like the one Japan has endured for nearly a decade. Wage pressures and deflation "obviously go together," says Laurence Meyer, an economist and a former member of the Fed's board of governors. "When there is slackness in the economy, it puts downward pressure on wages that then passes through to the price of goods and services...

Author: /time Magazine | Title: Where Did My Raise Go? | 5/26/2003 | See Source »

...Iraqi people out of a future of impoverishment." If Iraq does so, some experts believe, growing demand for oil around the world would eat up that new supply as quickly as it came to market, thus keeping prices stable. But in another scenario, oil prices could be pushed sharply downward, creating instability elsewhere, especially in Saudi Arabia. Which the U.S. will do almost anything to prevent--maybe...

Author: /time Magazine | Title: Iraq's Crude Awakening | 5/19/2003 | See Source »

...babies aren't doing strict yoga poses. It's difficult enough for adults to master such exotic positions as the Downward-Facing Dog, let alone kids who are still learning to roll over or sit up. Instead they are led through yoga-influenced stimulation exercises, massage, games and a variety of rocking and balancing exercises, accompanied by their moms, who get into postpartum shape by doing more traditional poses. According to DeAnsin Goodson Parker, a child psychologist and author of Yoga Baby, parent-child yoga classes provide special "relating time" between child and parent. Yoga also stimulates the immune...

Author: /time Magazine | Title: Infant Well-Being: A Is For Apple, Y Is For Yoga | 5/19/2003 | See Source »

After this first meeting between Sharon and Abbas, there needs to be a lasting commitment from both sides to come to the negotiating table and there make the concessions needed to halt the downward spiral. America, both as a member of the multilateral Quartet and as a nation heavily invested in the stability of the Middle East, must take a stronger role in promoting and advancing these negotiations. The Bush administration needs to devote to this project the time, will and attention needed to see it through to a satisfactory conclusion. With an immediate goal of ending terror and violence...

Author: By The CRIMSON Staff, | Title: A Fresh-Faced Start | 5/16/2003 | See Source »

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