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...injection of demand into the old GDR, of course, took place in a very different environment from today's. Its key purpose was as much political as economic: to create a reunited Germany, with shared values, from the two states that were the legacy of World War II. But as stimulus plans take hold across the world, policymakers would like to know precisely what such largesse can buy. Because of the slump in world trade, and hence in demand for its exports, Germany itself is facing a tremendous slowdown. The government now predicts that its economy will contract...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

...debate in Germany about the policy of propping up the east. In 2004, an informal commission headed by Klaus von Dohnanyi, a former mayor of Hamburg, concluded harshly that eastern Germany was still far from being able to stand on its own two feet. One of the commission's key findings was that industrial policy should have been better coordinated and the money invested in a few promising centers, rather than being showered as if from a watering can across the economic landscape. But the fact remains that when the communist state collapsed, the urgent issue at hand...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

...says Melissa Cheyney, an assistant professor of anthropology at OSU and a practicing midwife herself. "It showed that for low-risk [home] births in the U.S. and Canada, the infant mortality rate was roughly 1.7 per 1,000, or about the same as it is in hospitals." The key, of course, is the "low-risk" part - which means young, healthy mothers with routine pregnancies and no complicating variables like multiple fetuses or a history of delivery problems. These are the only kinds of cases midwives are supposed to handle...

Author: /time Magazine | Title: Doctors Versus Midwives: The Birth Wars Rage On | 5/16/2009 | See Source »

...marriage could become a hot potato during the 2010 Iowa gubernatorial race when Chet Culver, a Democrat, seeks a second term. One of his likely Republican challengers, who opposes gay marriage, has vowed to make it a key issue. Culver, who has said he believes marriage should be between a man and woman, has reacted in muted fashion to the new law, saying the court's decision must be respected and that he is reluctant to support a constitutional amendment...

Author: /time Magazine | Title: The Fragility of Gay Iowa | 5/16/2009 | See Source »

...leader, predicted passage by the end of next week. Virginia Democrat Rick Boucher, who represented coal country Democrats in talks with Waxman, concurred. It would be the first global warming bill to get that far in the House, which is expected to easily pass the measure that is a key part of President Obama's agenda. Legislation faces a bigger challenge in the Senate, where influential Democrats oppose...

Author: /time Magazine | Title: Environmentalists Attack House Global-Warming Deal | 5/16/2009 | See Source »

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