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...president's team of financial experts has predicted that the economy will grow by 3.2% next year, 4% in 2010, and 4.6% in 2012. It would be hard to find a well-regarded forecast which is that optimistic. The IMF has a much darker view of the pace of economic recovery. Even the organization that produces the Blue Chip Economic Indicators survey, known for only talking to the most optimistic experts, has estimated economic expansion far short of those used in the Budget...

Author: /time Magazine | Title: Who's Right: Buffett or Obama? | 3/2/2009 | See Source »

...want to make the results of their recovery plan look better than they possibly could be. Changing the basic assumptions behind the Budget means going through the entire document, program by program, and resetting the investments and returns on the investment for each one. The $1.75 trillion deficit would grow, or some programs would have to be cut. The scope of the national health care reform plan would have to be revised...

Author: /time Magazine | Title: Who's Right: Buffett or Obama? | 3/2/2009 | See Source »

...later engaging in crime and suffering from addiction, mental illness, obesity and cardiovascular disease. The key, according to Olds' research, begins with properly trained nurses; home visits by paraprofessionals aren't as effective. Despite the current shortage of nurses in the U.S., Olds says his program is ready to grow. "The NFP is shovelready for substantial expansion, as long as we recognize that serving 500,000 new families per year will take time." But it's an investment that self-propagates. Once the nurses have educated new moms, says Ballard, the mothers start educating one another. "It's so neat...

Author: /time Magazine | Title: Nurse Home Visits: A Boost for Low-Income Parents | 3/2/2009 | See Source »

...Read TIME's feature: "The Jonas Brothers Grow...

Author: /time Magazine | Title: The Jonas Brothers Movie Review: Kids vs. Critic | 3/1/2009 | See Source »

...Still, the recession could help Beijing push through changes to help the car industry grow more steadily in the long run. That, says Simpfendorfer, is one of the key differences between industry rescue efforts in the U.S. and China. "The Chinese auto sector is not as well entrenched as the interests in the auto sector in the U.S.," he says. "In the U.S. it's a century old [industry]; In China it's not even decades old but a decade old." China has "a greater tolerance to pain" that will allow the country "to push ahead with industrial restructuring that...

Author: /time Magazine | Title: China's Auto Bailout Takes a Different Route | 3/1/2009 | See Source »

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