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...when much of the stimulus spending will have run out, is that the economy will continue to grow but at a rate slower than past recoveries. A recent poll of economists by the newsletter Blue Chip Economic Indicators found that on average, economists expect the economy to expand 2.7% in the fourth quarter of 2010. That's faster than the economy is growing today, but not what you would expect in good times. "The rule is that the deeper the recession, the more robust the rebound," says Blue Chip editor Randy Moore. "But that's not what people are predicting...

Author: /time Magazine | Title: Economic Forecasting: A Foggier View Than Ever | 9/29/2009 | See Source »

...lava flows, stalactites and waterfalls - promise plenty of unobjectionable, pledge-drive-friendly nature porn. But in a way he couldn't have planned, Burns has ended up making his most topical and political film yet. With America frothing over the role of government - should it save banks? should it expand health coverage? - The National Parks makes a simple case for an idea that is wildly controversial in the year of the tea party: That we need government to do things the private sector can't or won't. See pictures of the natural miracles of the world...

Author: /time Magazine | Title: National Parks: a Case for Big Government | 9/28/2009 | See Source »

...National Institute of Health announced on Thursday that eighteen Harvard-affiliated scientists would receive five years of grant support for research that has the potential to greatly expand the scientific field and explore new frontiers...

Author: By Sophie A. Fry, CONTRIBUTING WRITER | Title: NIH Grants Fund 18 ‘High Risk’ Harvard Projects | 9/28/2009 | See Source »

...been associated with the Taliban - in which case this might be the first time they have tried to attack U.S. interests outside Afghanistan and Pakistan. If the Taliban have joined al-Qaeda in taking the fight to the West, then counterterrorism and law-enforcement authorities will need to greatly expand the scope of their operations, at home and abroad. "If he's Taliban, then it greatly expands the universe of people you want to put under surveillance," says Bill Rosenau, a counterterrorism expert at Rand Corp...

Author: /time Magazine | Title: Three Key Questions About Zazi and Terrorism | 9/26/2009 | See Source »

...were adamant in their support, with Sarkozy warning that "if by December there is not an in-depth change by the Iranian leaders," tough new sanctions would be applied. Brown called the new development the greatest challenge facing the international community. But Germany, which has recently shown reticence to expand sanctions without approval from the entire European Union, was inexplicably absent from the event. Obama was left to explain that Chancellor Angela Merkel had a more pressing engagement. More important, after hinting in recent days that Russia might be willing to support broader sanctions against Iran, Russian President Dmitri Medvedev...

Author: /time Magazine | Title: Ahmadinejad Rejects Obama's Nuclear Warning | 9/25/2009 | See Source »

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