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...Seeing an improvement is not the same as things being completely copasetic," says Anthony Chan, an economist at JPMorgan's private bank. "The credit crunch is still alive...

Author: /time Magazine | Title: Bank Earnings: Economic Woes Persist | 1/20/2010 | See Source »

...disappointing that an economist--and a dull one at that--has been named Person of the Year. I thought the controversial firebrand Sarah Palin should have won it, hands down, as her book, Going Rogue, and her constant campaigning against the Democratic Party made her a centerpiece of notoriety and contention all year...

Author: /time Magazine | Title: Inbox | 1/18/2010 | See Source »

That all ended with the bursting of the property bubble, as home prices fell by nearly half. Today new homes sit vacant with dead lawns and boarded-up windows. Lawrence Yun, chief economist for the National Association of Realtors, calls the Inland Empire a "ground zero" for the nationwide housing bust. To first-time home buyers, though, its blighted cul-de-sacs appear as promising as the orange groves did to Dust Bowl refugees. Armed with an $8,000 tax credit and low mortgage rates, they have flocked to cities like Riverside, where auctioneers sell off foreclosed properties...

Author: /time Magazine | Title: Postcard from Inland Empire | 1/18/2010 | See Source »

...President Obama. Then again, House and Senate leaders are currently negotiating all sorts of adjustments for a merged bill, and any new Medicaid costs could be part of that calculation. "Having the Federal Government pay the complete thing is not that big a deal," says John Holahan, an economist who has studied the Medicaid expansion extensively and who is also director of the Health Policy Research Center at the nonprofit, nonpartisan Urban Institute...

Author: /time Magazine | Title: What if All 50 States Get Ben Nelson's Medicaid Deal? | 1/15/2010 | See Source »

...concerns that it would lead to socialized medicine - would have included no federal funding of benefits. Some health-policy observers wonder if an expanded federal role would prompt HHS to take a heavier hand in running what has been a state-controlled program. Says Gail Wilensky, a health care economist who held high-level governmental positions under both Bush presidencies: "Up until now, I have described Medicaid as a state program with federal oversight. That will obviously change...

Author: /time Magazine | Title: What if All 50 States Get Ben Nelson's Medicaid Deal? | 1/15/2010 | See Source »

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