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...fund the retirement of the baby boomers. So in addition to a retraining push, a sensible set of policies would shift the landscape of job creation. It would transfer money out of Wall Street and into community lending to encourage the formation of new companies. It would create local business pods in which neighbors ask, What do we do well here, and how can we do it better? Some of the world's most skilled machinists live in the American Midwest. But their skills are geared to a dying auto industry, and with no bank credit for start...

Author: /time Magazine | Title: Jobless in America: Is Double-Digit Unemployment Here to Stay? | 9/11/2009 | See Source »

...organic products since January. Lots of us have bought an energy-efficient lightbulb too. And it's not just the nature of the product but also its provenance that's prompting us to buy. Of the 1,003 adults we polled this summer, 82% said they have consciously supported local or neighborhood businesses this year. Nearly 40% said they purchased a product in 2009 because they liked the social or political values of the company that produced it. That's evidence of a changing mind-set, a new kind of social contract among consumers, business and government. We are seeing...

Author: /time Magazine | Title: For American Consumers, a Responsibility Revolution | 9/10/2009 | See Source »

...second day as a student at the University of Wollongong, Ajay Unni came face to face with an ugly edge of Australian society. Newly arrived from his native India, Unni was chatting with a friend at the local train station when a stranger came up to them and snarled, "Why don't you f___ing speak English?" Seven years later, Unni recalls the moment with some bemusement. "The funny thing was that we were actually speaking English, with a few words of Hindi here and there...

Author: /time Magazine | Title: Australia: Attacks on Indian Students Raise Racism Cries | 9/10/2009 | See Source »

...little effect. Hundreds of students took to the streets of Sydney and Melbourne again on Sept. 3 to protest not just the earlier attacks but substandard private colleges and courses that market to South Asian students, as well as poor-quality housing, exploitative work conditions and the need for local benefits like travel concession cards which, they say, will improve safety. The protests were timed to coincide with Deputy Prime Minister Julia Gillard's trip to India at the start of September, in which she aimed to calm the diplomatic waters, and a Senate inquiry into the welfare of international...

Author: /time Magazine | Title: Australia: Attacks on Indian Students Raise Racism Cries | 9/10/2009 | See Source »

...everything from the quality of the education, to lack of student services, to dingy student accommodation, to not being paid the correct hourly rate," Unni says. Pawan Luthra, chief executive of the local Indian community newspaper, Indian Link, agrees. "If even 0.1% of the $15 billion or so earned by Australia from the sector had been invested in safeguards and [better conditions], this situation would not have occurred ... Coal and iron are commodities, but these are human beings, with feelings and emotions. They need to be protected...

Author: /time Magazine | Title: Australia: Attacks on Indian Students Raise Racism Cries | 9/10/2009 | See Source »

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