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...from the middle class and onto those making more than $200,000 a year, while McCain has spoken mainly about creating better job-retraining programs for those displaced by globalization. Another potential path, although it hasn't been a theme in the campaign so far, would be a big effort to repair the country's crumbling infrastructure - which would create lots of jobs that couldn't be outsourced overseas and would also deliver long-term economic benefits. In any case, the income gap is an issue that's been danced around for too long. It's time to address...

Author: /time Magazine | Title: The New President's Economy Problem | 5/15/2008 | See Source »

...been making the case for national health insurance and said Reagan had once opposed Medicare. Reagan objected that Carter was misrepresenting his position - he had simply opposed a particular Medicare bill. But Carter was absolutely right that Reagan wasn't for universal health care - or for any other government effort to socialize risk...

Author: /time Magazine | Title: The New President's Economy Problem | 5/15/2008 | See Source »

...That awful realization awaits tens of thousands of Chinese as time inexorably runs out for their loved ones who on May 14 were still trapped in collapsed apartment blocks, homes, schools and factories. A huge relief effort, including 50,000 Chinese soldiers, was under way, but the devastation from the powerful quake, which rocked skyscrapers in cities as far away as Bangkok and Taipei, was vast. Two days after the first shock, the official death toll had risen to almost 15,000 - and was certain to soar. Whatever the final toll, the Wenchuan earthquake, named for the Sichuan county...

Author: /time Magazine | Title: The Walls Tumble Down | 5/15/2008 | See Source »

...forced to hold the vote. Thousands of soldiers were mobilized to guard polling stations; hundreds of trucks mounted with loudspeakers fanned the nation, urging citizens to vote. Critics wondered how many lives might have been saved if some of those resources had been redeployed instead to the cyclone-relief effort. "People expect so little from the government," says one local journalist, who declined to be identified for fear of repercussions. "If the military had given food quickly, then people would be so grateful. It doesn't take much to make them happy...

Author: /time Magazine | Title: Saving Burma | 5/15/2008 | See Source »

Washington's anti-narcotics effort, meanwhile, already seems to be preparing for a future without Manta. The U.S. Navy now plans to revive the Fourth Fleet (which had been scrapped a half century ago), led by a nuclear-powered aircraft carrier, to cruise the hemisphere's waters in part to search for drugs. The U.S. is also considering a replacement FOL in Colombia - which is, as the Andean crisis has so uncomfortably demonstrated to Washington, one of the few places left in the Americas where the Yanqui military is welcome...

Author: /time Magazine | Title: Ecuador Targets a U.S. Air Base | 5/14/2008 | See Source »

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