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...since the Great Depression. But if government spending is able to begin stabilizing the economy sometime in the second half of this year, the scale of the decline in indicators ranging from GDP to employment to consumer spending will be much closer to that of the harsh recessions of 1981-82 and 1974-75 than the nearly complete economic collapse of the 1930s. Will the stimulus work? That's the $770 billion question the new GDP numbers really don't answer...

Author: /time Magazine | Title: A 6.2% Drop in GDP: Is the Worst Yet to Come? | 2/27/2009 | See Source »

...colorful t-shirts of Everything’s Jake still proclaim that “Life is Good,” but the harsh business climate has not borne out the optimism of their mantra. Everything’s Jake—an outdoor apparel store that carries “Life is Good” merchandise—will shut its doors permanently this weekend after two and a half years in the Harvard Square Garage. Store owner Glen Tompkins said that the closing was “just another sign of the times.” Everything?...

Author: By Shan Wang, CRIMSON STAFF WRITER | Title: Store Closing As Sales Plummet | 2/26/2009 | See Source »

...years, research on these kids highlighted their difficulties: the disapproval they faced from neighbors and members of their extended families; the sense that they weren't "full" members in any racial community; the insecurity and self-loathing that often resulted from feeling marginalized on all sides. That simple but harsh playground question - "What are you?" - torments many multiracial kids. Psychologists call this a "forced-choice dilemma" that compels children to claim some kind of identity - even if only a half-identity - in return for social acceptance...

Author: /time Magazine | Title: Are Mixed-Race Children Better Adjusted? | 2/21/2009 | See Source »

...me”—with his whole range of vocal contortions. Morrissey’s pseudo-intellectual musings are also somehow unbecoming of so mature an individual. “It’s Not Your Birthday Anymore,” a slow ballad that recounts the harsh words of a jaded man to his soon-to-be-discarded lover (“It’s not your birthday anymore / There’s no need to be kind to you”), comes off as juvenile and pitiless. “One Day Goodbye Will...

Author: By Sanders I. Bernstein, CRIMSON STAFF WRITER | Title: Morrissey | 2/20/2009 | See Source »

...fair trial. This week, there has been much debate as to whether to allow Norng Chan Phal, a rare survivor of Duch’s infamous S-21 camp, to be part of the prosecution, even though he missed the filing deadline by two days. While it may seem harsh, Phal should be excluded. The rules—trivial as they may seem— must be upheld above all else. The trial must be conducted with meticulous attention to legal procedure as a tribute to Duch’s prisoners, who were never given such an opportunity. There...

Author: By The Crimson Staff | Title: Long Overdue | 2/19/2009 | See Source »

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