Word: marches
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...joblessness level reached 8.5% at in March because the number of people pushed out of work last month rose 663,000. Each time another 1.7 million people lose their jobs, the unemployment rate moves up another 1%, so if 2.6 million more Americans are fired, the jobless rate will hit 10%. At the current rate at which the economy is shedding workers the 10% level will be reached by the end of July. The counterargument to picking a date only four months from now is that the rate at which people are losing jobs will decelerate. Of course, there...
Madoff, in jail since March 12, awaits sentencing for his masterminding of the decades-long crime, a billion-dollar Ponzi empire built at least half on the backs of feeder funds like Merkin's and one charged last week, Fairfield Greenwich Group, with a civil complaint by William F. Galvin, Massachusetts Secretary of State...
Cauldron of Terror Your cover story on the making of terror suspect Ajmal Qasab, a village boy from Faridkot in Pakistan, paints a very grim picture of Pakistan's plight [March 16]. Scarcity of jobs for the youth and the flourishing of radical education facilities there, funded by Islamist elements from other countries, promise instability for the government. With a corrupted military and little consensus among Pakistan's politicians, one can only see a bleak future for its people. Premdayal Gupta, Indore, India...
...False Crutch I object to the implications made in the Essay "The People's Game" [March 16]. The author parrots propaganda in claiming that Pakistan "was born as ... a refuge for a persecuted minority fleeing the Hindu dominance of India." Never in about 800 years since the first arrival of Muslims in India till independence did Hindus actually dominate. In all this time much of the region was controlled by Muslim rulers and then by the British. Such misconceptions feed into the false binaries that fundamentalists in Pakistan need to survive. Vishv Malhotra, Blackmans Bay, Australia...
...America the Underinsured TIME's story was a poignant look at one person's struggle to get the health care he needs [March 16]. Even more tragic, this story is repeated too many times each year in this country. As illustrated in your piece, physicians often provide care without charge when patients are in need, but we need a system that does a much better job of supporting patients and physicians. Your reform points are key. A full 75% of total health-care spending is linked to chronic health problems, many of which are preventable. If we can help Americans...