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...today, Obama also hinted that he might not raise taxes on the wealthiest Americans until 2011, perhaps waiting until the Bush tax cuts on top earners expire in 2010. He said he would speak tomorrow about the need to slice from the federal budget spending programs that are no longer needed to help pay for the stimulus. And he noted that he would be receiving daily briefings from his economic team about financial developments...

Author: /time Magazine | Title: Obama Steps Up to the Plate on the Economy | 11/24/2008 | See Source »

...This doesn't seem like a simple cyclical shift in unemployment," says Thomas Lam, an economist who tracks the U.S. economy at the Singapore-based United Overseas Bank. "What we are seeing is a structural problem in the U.S. economy, and that means it will take a lot longer for the unemployed to find jobs." (See pictures of the global financial crisis...

Author: /time Magazine | Title: Why Unemployment Could Be Worse This Time | 11/23/2008 | See Source »

...campus curricular conversations of late. While the recently-concluded curricular review dithered about outlining a vision for general education in the 21st century, most students’ complaints continued to center less on pedagogical philosophy than on the paucity of options for fulfilling Core requirements. Incoming students no longer have to choose—as we seniors, the last of an older generation, had to—their concentration in their freshman year, ostensibly to permit, through more freedom to sample various disciplines, thus a more meaningful choice of study. Departments did not delay to follow suit?...

Author: By Christopher B. Lacaria | Title: Full of Sound and Fury | 11/23/2008 | See Source »

...long life of the Dalai Lama is, for Tibetans, a profound blessing. But while they might pray to postpone the moment of his passing, the leaders of the Tibetan community are no longer shy about preparing...

Author: /time Magazine | Title: Tibetans Grapple With Dalai Lama Succession | 11/22/2008 | See Source »

...Velarde, a top boss of the federal police force's antidrug unit and a former private secretary to Garcia Luna, was also detained this week, for leaking info to the narcos. Ramirez and all the accused deny the charges. But as one federal security analyst says, it's no longer strange in Mexico's police purges "to see today's butchers become tomorrow's cows...

Author: /time Magazine | Title: In Mexico's Drug War, Bad Cops Are a Mounting Problem | 11/22/2008 | See Source »

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