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Plan of attack: Whatever its other challenges, the new economic team already has one huge advantage: economists from both right and left now agree that a massive stimulus measure is needed--and soon. The éminence grise of Republican economic advisers, Harvard's Martin Feldstein, raised some eyebrows in October by saying the stimulus package might need to be as big as $300 billion. Already that seems timid. Jan Hatzius, chief economist for Goldman Sachs, is telling clients he expects Obama's stimulus package to be $400 billion to $500 billion a year in order to compensate for a retrenchment...

Author: /time Magazine | Title: Jump-Starting the Obama Presidency | 11/26/2008 | See Source »

...revelations made in the past week, Americans ought to wonder whether they have ever actually seen this president stare down a storm on his own, and whether he has ever, with the privilege of principle and information on his side, overruled the bleak drumbeat of his éminence grise. And, if not, we may be forced to ask if he is instead merely a overgrown boy, coasting along a dark sea—full of bravado, without a care, and with...

Author: By James M. Larkin | Title: The Measure of a Man | 6/4/2008 | See Source »

...contempt for Punjabis, that they speak a different language and have very different customs. Lieut. General Hamid Gul may be a former director general of Pakistan's Inter-Services Intelligence, but old soldiers in Pakistan never really retire, short of the funeral shroud. He is an éminence grise to be watched. Since its founding, Pakistan has fundamentally been a military state. For U.S. Assistant Secretary of State Richard Boucher to see Pakistan as a potentially "moderate, stable, democratic Muslim nation" shows considerable optimism. Michael Day-Thompson, Vale of Glamorgan, Wales...

Author: /time Magazine | Title: Inbox | 4/12/2007 | See Source »

...contempt for Punjabis, that they speak a different language and have very different customs. Lieut. General Hamid Gul may be a former director general of Pakistan's Inter-Services Intelligence, but old soldiers in Pakistan never really retire, short of the funeral shroud. He is an éminence grise to be watched. Since its founding, Pakistan has fundamentally been a military state. For U.S. Assistant Secretary of State Richard Boucher to see Pakistan as a potentially "moderate, stable, democratic Muslim nation" shows considerable optimism. Michael Day-Thompson, VALE OF GLAMORGAN, WALES...

Author: /time Magazine | Title: Bono's Call to Action | 4/11/2007 | See Source »

...contempt for Punjabis, that they speak a different language and have very different customs. Lieut. General Hamid Gul may be a former director general of Pakistan's Inter-Services Intelligence, but old soldiers in Pakistan never really retire, short of the funeral shroud. He is an éminence grise to be watched. Since its founding, Pakistan has fundamentally been a military state. For U.S. Assistant Secretary of State Richard Boucher to see Pakistan as a potentially "moderate, stable, democratic Muslim nation" shows considerable optimism...

Author: /time Magazine | Title: Inbox: Apr. 16, 2007 | 4/5/2007 | See Source »

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