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CNBC's reaction is colored by its stressed-out day trader's focus on the short term. When ordinary people think about the economy, they think about jobs, college, retirement. Sure, the stock market affects them in the long run - but so do job security and the threat of getting wiped out by health-care bills. When CNBC considers the economy, it means Wall Street's numbers that day, that hour, that minute. CNBC may pay lip service to the long term, but it has the time horizon of a fruit...

Author: /time Magazine | Title: CNBC Under Fire: Sticking Up for the Big Guy? | 3/12/2009 | See Source »

...with a 3-month-old and a 3-year-old, Young is reviving her job hunt: full time, part time, any time will do. With the employment outlook turning bleaker by the day, she and many other white collar moms who opted out of the workforce to focus on their kids are scrambling to get back in. Meet the economommies. (See the best and worst moms of all time...

Author: /time Magazine | Title: Hard Times Send 'Economoms' Back to the Job Market | 3/12/2009 | See Source »

...drug cultivation, and train and equip the nation’s armed forces, the nation’s ambassador to the United States said at a JFK Jr. Forum event last night. Ambassador Said T. Jawad said the troubled Middle-Eastern nation—which became a focus of U.S. anti-terrorism efforts following the September 11 attacks—has struggled to rebuild, as the United States shifted its resources toward Iraq. “State building became uncoordinated,” Jawad said. “The building of the police force was limited, and the judicial system...

Author: By Ellie Reilly, CONTRIBUTING WRITER | Title: Afghan Ambassador Speaks | 3/12/2009 | See Source »

...December I spent some time in Haiti working in the slums outside of Port-au-Prince, or in Port-au-Prince actually. Cities like Cite Soleil. These are the kinds of things I care the most about and I want to focus...

Author: By Bonnie J. Kavoussi | Title: Around the Ivies | 3/12/2009 | See Source »

...trillion budget might make sense if these were normal times, with a newly elected, very liberal Administration wanting to focus on reshaping America and redistributing wealth. However, these are not normal times. We are in the midst of the worst economic challenge in 80 years. (See pictures of the down-and-out economy...

Author: /time Magazine | Title: The Trouble with Obama's New Deal | 3/12/2009 | See Source »

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