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...that by working at the local chamber of commerce she can - surprise - save enough money for a car. "I like the new Pontiac G6s. They're amazing," she says. Apparently Hilgart has not heard that Pontiac is going out of business. Lesson to the feds: you can help kids earn some cash, but you can't expect them all to spend it wisely...

Author: /time Magazine | Title: Stimulus Sparks a Summer Jobs' Comeback | 6/19/2009 | See Source »

...sponsored by Democratic Representatives Henry Waxman and Edward Markey, is making its way through Congress and could be up for a vote in the House of Representatives as soon as next week. Although the bill has the support of the White House and has been watered down considerably to earn centrist and conservative votes, it will still struggle to become law. Opponents argue that cap and trade will ruin the U.S. economy by raising energy prices. But while there are arguments to be made against cap and trade, what's increasingly certain with every new scientific report is that...

Author: /time Magazine | Title: Climate-Change Report: From Bad to Worse | 6/17/2009 | See Source »

...coverage from their employers to go out and buy it on their own. And both anticipate that the government would give lower-income people subsidies to help them afford that coverage. The House plan proposes providing those subsidies on a sliding scale to people who earn up to 400% of the poverty level - in other words, $43,320 for an individual and $88,200 for a family. That is about the level that the Senate Finance Committee is expected to come up with as well, but is significantly less generous than the early draft by the HELP Committee, which would...

Author: /time Magazine | Title: The House's Surprisingly Moderate Health-Care Plan | 6/10/2009 | See Source »

...consumers. But if someone else figures out a way to use my mousetrap to replace his much more expensive washing machine, he's created value as well. We tend to put the emphasis on the first kind of value creation because there are a small number of inventors who earn giant paydays from their mousetraps and thus become celebrities. But there are hundreds of millions of consumers and small businesses that find value in these innovations by figuring out new ways to put them...

Author: /time Magazine | Title: How Twitter Will Change the Way We Live | 6/5/2009 | See Source »

...coast is clear and clean. But clean is not the same as pristine. Decades ago, some of the spill found its way to a beach on Knight Island in the Sound, a site that scientists studying the accident would designate KN-102 but which during the multiyear cleanup would earn another name: Death Marsh...

Author: /time Magazine | Title: Still Digging Up Exxon Valdez Oil, 20 Years Later | 6/4/2009 | See Source »

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