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...same set of dynamics hold true for businesses. If they have any cash flow at all, they put it toward improving their balance sheets and hoarding cash. But, when labor which once cost $20 an hour moves down to $8, the temptation to make very modest investments in adding employees and expanding production eventually becomes irresistible...

Author: /time Magazine | Title: Deflation: The Enemy Of A Depression | 1/16/2009 | See Source »

...Mass. Dept. of Corrections announced that it will start double bunking inmates at Shirley Prison in order to keep up with the massive influx of inmates. Before we think about the implications of such a policy, it is more important to know what politicians are doing to stem that flow. So far, the answer is nothing. They would rather strain the state’s resources to maintain a popular and highly politicized policy that is actually hurting our state. Double bunking is exactly the sort of short term solution that will sustain the problem of mass incarceration. As long...

Author: By Rachel M Singh | Title: Mass Incarcerations Causing Massive Problems | 1/16/2009 | See Source »

...full withdrawal and reopening of the crossings. Egypt will most likely agree to enhanced mechanisms for policing the smugglers' tunnels, but those tunnels were also Gaza's economic lifeline, and Egypt will insist they can be closed only if the legitimate crossings into Gaza are reopened to allow the flow of normal humanitarian and commercial traffic. That, of course, is what Hamas has been demanding, which will make Israel - and Egypt - uncomfortable. Neither wants to see the radical movement emerge from this confrontation with an enhanced status, but the scale of the humanitarian disaster wrought by Operation Cast Lead renders...

Author: /time Magazine | Title: How the Gaza War Could End: Three Scenarios | 1/16/2009 | See Source »

...wasn't just bias, fear or jingoism at work. The 9/11 attacks brought with them an economic squeeze, which meant greater pressure not to alienate viewers or advertisers by going against the flow. White House press secretary Ari Fleischer warned people to "watch what they say," Bill Maher lost his job on Politically Incorrect (but later moved to HBO) after calling American air strikes cowardly, and CNN issued memos to "balance" reports of civilian casualties with references to the deaths on 9/11...

Author: /time Magazine | Title: In the Obama Era, Will the Media Change Too? | 1/15/2009 | See Source »

...Obama campaign's social-networking site, MyBarackObama.com. "We believe that real change can only come from the bottom up," Obama said in late 2007 on a visit to Silicon Valley. "And technology empowers people to come together to make that change." Indeed, rather than centrally control the flow of information, USAService.org has opened itself up to users to post and organize their own events with minimal supervision.(Read "The Case for National Service...

Author: /time Magazine | Title: Obama's Inaugural Internet Call to Service | 1/15/2009 | See Source »

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