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...What it adds up to is a generalized sense of economic insecurity that has dimmed many Americans' optimism about their future. So there's a chance that this election could turn out to be a major economic turning point, just like 1980's was. A significantly new direction in economic policy seems much more likely if Barack Obama (or Hillary Clinton, on the off chance that she returns from the political dead yet again) prevails in November. But throw John McCain together with a Democratic Congress, and who knows what might pop out? Economic trouble begets economic change. Here...

Author: /time Magazine | Title: The New President's Economy Problem | 5/15/2008 | See Source »

...Simon Elegant tries to attribute the anti-Western protests in China to xenophobia. But he fails to explain why people in the U.S. and other countries share the Chinese people's outrage. Unless the West can come to terms with the fact that China is going to be a major global power, the notion that China will be a destabilizing force is more a self-fulfilling prophecy than an inevitable outcome. M. Loo, Washington...

Author: /time Magazine | Title: Inbox | 5/15/2008 | See Source »

...people and their government. While muted in their public criticism of their political leaders, the Chinese people are surprisingly frank in admitting their shortcomings, though they tend to accept restrictions on political freedom as a necessary trade-off for the economic gains they have achieved, at least in the major cities. Given time and patience, the West's more positive values and practices will osmose into their collective social consciousness. Unfortunately, so will our less desirable and wasteful ones. Sigmund Roseth, Mississauga, Canada...

Author: /time Magazine | Title: Inbox | 5/15/2008 | See Source »

There is only one major road leading to Naypyidaw. Nearly three years ago, when Burma's new capital was carved out of scrubland, the country's ruling military junta gave no reason for its sudden abandonment of the bustling city of Rangoon. Then, shortly after thousands of civil servants were forced to move to an isolated construction site in the middle of nowhere, a secret government document leaked to local journalists. Junta leader Than Shwe outlined his fears of an invasion by the U.S. and lauded Naypyidaw's superior defensive position compared to the former capital: mountains on one flank...

Author: /time Magazine | Title: Saving Burma | 5/15/2008 | See Source »

...name and address of my local driver. His colleague told me that the cyclone had blown down his house. Their demeanor was apologetic - as if they were embarrassed to follow orders that kept their wounded country closed. Then an army jeep screeched up to the checkpoint. A major jumped out, screaming at the two guards. Apparently some foreign aid workers had slipped past the checkpoint. How could the officers have let that happen? The major turned to my driver and continued to rant: How could he bring foreigners to this disaster area? Doing so showed his complete abdication of patriotic...

Author: /time Magazine | Title: Saving Burma | 5/15/2008 | See Source »

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