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...Born William Young in northern Queensland in 1943, Yang grew up in Dimbulah, a tiny tobacco-farming town, with no connection to his Chinese heritage. His grandparents emigrated from China in the 1880s, and his family was completely assimilated - he and his siblings spoke only English. At 6, after a white schoolmate called him "Ching Chong Chinaman," Yang went home upset and asked his mother if he was Chinese. She gravely told him yes. "I knew in that instant," Yang writes on his website, "that being Chinese was a terrible curse...

Author: /time Magazine | Title: The Yang Principle | 9/14/2009 | See Source »

Even when crisis came, in 2008, it wasn't a crisis of government finances, as some pessimists had feared, but one of mortgages and Wall Street. As Washington battled the troubles, the deficit grew to an estimated $1.6 trillion in the fiscal year that ends this month. That's by far the biggest shortfall ever, in dollar terms. The government will have spent $3.7 trillion and taken in $2.1 trillion. Even by the more forgiving yardstick of percentage of gross domestic product, the shortfall is, at 11.2%, the biggest since World War II. It will be smaller next year...

Author: /time Magazine | Title: America and Its Deficits: Are We Broke Yet? | 9/14/2009 | See Source »

...pork altogether, and Beijing responded with a ban on any pork produced in North Carolina, Iowa or Oklahoma. Russia and Ukraine followed with prohibitions of their own, and soon there were 27 countries that wanted nothing to do with any hog raised in America. Institutional buyers in the U.S. grew skittish too, as did big state and local consumers like school districts...

Author: /time Magazine | Title: Pork Gets a Swine Flu Bailout | 9/11/2009 | See Source »

...Michele Zalopany: Growing up there, I experienced the racial riots. My dad was a union worker with United Auto Workers. He was an idealist, he was probably a child laborer, and that’s why he chose the work that he did. Also, he was Hawaiian and grew up in Hawaii. He was a big influence on me.I look back to things that are really important to me—where I grew up and seeing buildings that were ruined. I would drive through the city, looking at abandoned mansions, and wonder why they were like that...

Author: By Sophie O. Duvernoy, CONTRIBUTING WRITER | Title: Visiting Faculty Bring Diverse Experiences to VES Dept. | 9/11/2009 | See Source »

...second-to-last row of Roxboro Baptist, the Whitfields try to listen to the sermon, but Brian's mind wanders. Last autumn, Debbie warned Brian that the ax might fall. She grew up in Flint, Mich., the granddaughter of a man who participated in the landmark 1936-37 sit-down strike at GM's Fisher body plant that established industrial-labor-organizing rights in America. But she saw her father and uncle go down with the automakers. "When they shut down the Fisher plant [in 1987], everything within a two-to-three-block radius closed down: bars, restaurants, gas stations...

Author: /time Magazine | Title: The Ripple Effect: What One Layoff Means For A Whole Town | 9/11/2009 | See Source »

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