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...economic policymaking before his Inauguration. Better to let George W. Bush take ownership of the worst recession since the Great Depression so that the new President would be viewed as a fresh start. Emanuel believed, however, that Obama couldn't wait. He was adamant that the President-elect lay out not only his plan but also a specific goal--up to 4 million new jobs...

Author: /time Magazine | Title: An Enforcer Named Emanuel | 1/21/2009 | See Source »

...everywhere we look, there is work to be done. The state of the economy calls for action, bold and swift, and we will act - not only to create new jobs, but to lay a new foundation for growth. We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. We will restore science to its rightful place, and wield technology's wonders to raise health care's quality and lower its cost. We will harness the sun and the winds and the soil to fuel our cars...

Author: /time Magazine | Title: Obama's Inaugural Address: The Full Text | 1/20/2009 | See Source »

...Indeed, despite India's economic slowdown, even companies not flirting with bankruptcy are being pressured to avoid staff cuts. When Jet Airways, one of India's biggest airlines, tried to lay off 1,900 employees in October amid a deepening financial crunch due to high fuel prices, India's Aviation Minister called Jet Airways owner Naresh Goyal, who rescinded layoff notices within 24 hours...

Author: /time Magazine | Title: India Tries to Save Jobs After Satyam Scandal | 1/20/2009 | See Source »

There's an amusing video making the e-mail rounds through the New York City environmental crowd. In it, Stephen Saunter, a press officer at the Wildlife Conservation Society and New York's Bronx Zoo, sadly addresses an employee he is about to lay off. The governor has just announced severe budget cuts at the zoo, he says, "so there's no easy way to say this ... we're going to have to let you go." The camera pans over to reveal that the just-fired employee is a porcupine...

Author: /time Magazine | Title: When Zoos Cut Budgets, No Species Is Safe | 1/17/2009 | See Source »

...meantime, the journalists keep doing their best to lay track and ignore the oncoming train. "We're not so narcissistic to think we're the biggest story in town," says McCumber. "But the amazing journalists here will bring the same amount of effort and skill they bring to any story...

Author: /time Magazine | Title: A Seattle Newspaper Writes Its Own Obituary | 1/15/2009 | See Source »

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