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...advisers who wrote the paper, Christina Romer and Jared Bernstein, went on to land key jobs in the Obama Administration. Romer is the head of Obama's Council of Economic Advisers, and Bernstein is the chief economist and economic-policy adviser to Vice President Joe Biden. And the stimulus bill that both economists championed became law in mid-February. What has not come to pass, however, is the boom in job creation that Romer and Bernstein predicted. A little over a month ago, the Administration said the stimulus bill had created or saved 150,000 jobs. That...

Author: /time Magazine | Title: Obama's Stimulus Plan: Failing by Its Own Measure | 7/14/2009 | See Source »

Then, in an interview published on July 10, Netanyahu's national security chief and key adviser, Uzi Arad, said the Palestinians, including Palestinian Authority President Mahmoud Abbas, were not committed to living in peace with Israel. "Even the moderates among them do not really want a settlement," Arad said. "At most, they are striving toward a settlement in order to renew the confrontation from a better position." As a result of U.S. pressure, a Palestinian state of "stamps, parades, carnival [...] That could happen," Arad said. "A fragile structure, yes; an arrangement resting wholly on wobbly foundations...

Author: /time Magazine | Title: Despite Jewish Concerns, Obama Keeps Up Pressure on Israel | 7/14/2009 | See Source »

Plainly, there are key voices in the Israeli leadership that are deeply skeptical of Obama's effort to move quickly to implement a two-state peace. And, of course, as the President himself constantly reminds, the window of opportunity for such an outcome is closing after two decades of fruitless negotiation...

Author: /time Magazine | Title: Despite Jewish Concerns, Obama Keeps Up Pressure on Israel | 7/14/2009 | See Source »

...little-noted speech in London on July 11, European Union foreign policy chief Javier Solana - a key figure in the "Quartet" of the U.S., E.U., U.N. and Russia that is overseeing the peace process - said that if the parties were unable to bring the conflict to an end in the very near future, the international community would have to impose a solution. "The mediator has to set the timetable too," Solana said. "If the parties are not able to stick to it, then a solution backed by the international community should be put on the table...

Author: /time Magazine | Title: Despite Jewish Concerns, Obama Keeps Up Pressure on Israel | 7/14/2009 | See Source »

...billion in Medicare and Medicaid cuts over the next 10 years. It's all part of an inspiring storyline, the idea that everyone is doing their part to make this most ambitious undertaking a reality. But no one actually thinks that the hospitals - or for that matter other key players like pharmaceutical manufacturers or doctors - are giving up something for nothing. On the contrary, any health-reform package passed by Congress will likely deal a major blow to an upstart competitor of many hospitals. (Read "Cutting Health-Care Costs by Putting Doctors on a Budget...

Author: /time Magazine | Title: How Health-Care Reform Could Hurt Doctor-Owned Hospitals | 7/13/2009 | See Source »

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