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The effort required to address our current crisis is trivial compared with Britain repelling the Nazis. But the situation is getting more dire. Remember all the talk about how we have been "borrowing from future generations" with the federal deficit, consumer debt and so on? Well, it's been going...

Author: /time Magazine | Title: The Leader We Deserve | 10/16/2008 | See Source »

Littlebear, 68, has a doctorate in education from Boston University and is fluent in Cheyenne; he teaches evening courses in it. He refers to tribal colleges as "underfunded miracles." With a meager $4.9 million budget provided mostly by the Federal Government, his school operates on a thin shoestring indeed. But...

Author: /time Magazine | Title: Postcard from Chief Dull Knife College | 10/16/2008 | See Source »

I commend Nancy Gibbs for using her column to state what we are unlikely to hear from any elected official: that thrift is an important virtue and that our failure to practice it has helped bring on the current economic collapse [Oct. 13]. Those who lived through the Great Depression...

Author: /time Magazine | Title: Inbox | 10/16/2008 | See Source »

One possible benefit of turmoil: the bear market of 2008 may have ended the spendthrift ways of the 80 million--strong boomer generation, which is now heading rapidly toward retirement, and refocused them on saving. "We must have a reset on consumer spending; frankly, it is out of control," says...

Author: /time Magazine | Title: The Big Bank Bailout: Are You Next? | 10/16/2008 | See Source »

The semester’s grades may not be out just yet, but for our nation’s public schools, report cards are looking somewhat dismal. This year, according to newly released state-by-state data, the number of schools failing to reach testing targets under No Child Left...

Author: By The Crimson Staff | Title: Left Behind? Try a Slower Pace | 10/16/2008 | See Source »

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