Word: goneness
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...business and public policy at the University of Pennsylvania's Wharton School, he's no economic novice. TIME senior reporter Andrea Sachs, who is still hoping to get a few gifts this season (hint, hint), spoke with Waldfogel about his new book. (See pictures of retailers that have gone out of business...
...visible. And we wanted it to look like it had been in the basement of Memorial Hall forever and through the struggles I think that’s what we accomplished and I’m very excited to see it doing so well to this day. I have gone back a few times and enjoyed a glass of 1636. (Laughs) Or a stein of 1636. And we did beer tasting—we went to Harpoon to taste the beer that we were going to have as our beer. And I remember when we thought of the idea...
...savings rate dipped to zero in 2005, the shock of the economic crisis last year prompted people to snap shut their wallets. Now that it's pouring, in other words, American households have decided to save for a rainy day. The savings rate is currently about 4% and has gone as high as 6% this year. (See TIME's photo-essay "A New Look at Old Shanghai...
...Meanwhile, the Fort Hood community does what it has had to do all too often: mourn the dead, minister to the living. At least 545 soldiers from Fort Hood have died in Iraq and Afghanistan; now 13 more are gone, ranging in age from 19 to 62. One victim was a newlywed; one was three months pregnant; 19 children were left without a parent. Support groups kicked in, delivering food to the families. Local blood banks were swarmed with donors. The Facebook group Sgt. Kimberly Munley: A Real Hero has close to 24,000 fans and counting...
...Most of the attention the past few weeks has gone to numbers: How many more troops will the President send to Afghanistan? But there is a more important question: How long will he send them for? The military planners assume a five-to-10-year commitment. A more reasonable strategy would be to focus on the next year and see if there's any progress. Can the Afghan troops be trained? Will the Karzai government buckrake, or cooperate? Who are the Taliban, anyway? I'd send more trainers, and more troops to Kandahar, immediately, to give the effort its best...