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...China needs to balance export-led growth with a stronger domestic economy grounded by greater consumer spending. Two things need to happen: real incomes need to grow for all Chinese consumers (not just those working in urban areas). And consumers have to feel secure enough to spend more of what they make, rather than hoard...

Author: /time Magazine | Title: Should China and the U.S. Swap Stimulus Packages? | 3/5/2009 | See Source »

...know it. In a January speech, President Obama evoked the promise of new technology: This will cut waste, eliminate red tape and reduce the need to repeat expensive medical tests," he said, and he has proposed investing $50 billion over the next five years to help make it happen...

Author: /time Magazine | Title: Electronic Medical Records: Will They Really Cut Costs? | 3/5/2009 | See Source »

...just as well with clot-busting drugs as with more expensive angioplasty procedures? The drug route could save about $7000 a patient Crunching huge amounts of data from a wide cross section of patients could help us do better research than we are doing now. But what will happen when the new computerized research turns up a treatment that works a little better but costs much more? Will they tell us? What happens to the patient whose particular circumstances argue for a different treatment than the computers and the bureaucrats recommend...

Author: /time Magazine | Title: Electronic Medical Records: Will They Really Cut Costs? | 3/5/2009 | See Source »

...film is not concerned with what will happen in the future. That makes it a blast of fresh air after the cacophony of talking heads that dominate news coverage from the Middle East. "As the project went on, the stories became more and more subtle and less and less propaganda," says executive producer Serge Gordey in Paris. "People were not saying the same mantra over and over." The documentary, which will screen at the South-by-Southwest Festival in Austin, Texas, on March 17, as well as on television networks in Israel, Canada, the Netherlands and Sweden in the coming...

Author: /time Magazine | Title: Gaza-Sderot: A Tale of Two Cities | 3/5/2009 | See Source »

...long one—at a share of the Ivy title. If Cornell loses both games this weekend, and one of these two squads can win both, it’s possible. But I don’t think anyone really thinks it’s going to happen...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: AROUND THE IVIES: No Lack of Fight in Final Stretch | 3/5/2009 | See Source »

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