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...higher interest rates on Treasuries to compensate for our country's shakier finances. But during the Reagan presidency, deficits stayed above 4% of GDP for five straight years - and interest rates fell, and the economy boomed. (Hence Cheney's full statement to O'Neill: "Reagan proved deficits don't matter...

Author: /time Magazine | Title: America and Its Deficits: Are We Broke Yet? | 9/14/2009 | See Source »

...rising. The government faces commitments to Social Security and Medicare that dwarf that figure. Republican congressional leaders have decided they care about deficits again - and seem to be making headway in public opinion. The prevailing winds will shift one of these days. Because deficits don't matter, until they...

Author: /time Magazine | Title: America and Its Deficits: Are We Broke Yet? | 9/14/2009 | See Source »

...same, more NCLB [No Child Left Behind], more testing and minimal support, then we're not interested." Duncan admits he is tackling the Everest of entrenched interests with this particular reform. "It's pretty controversial," he says of the rule. "But to say that great teaching doesn't matter and should be disconnected from student outcomes, to me, is ludicrous...

Author: /time Magazine | Title: Can Arne Duncan (And $5 Billion) Fix America's Schools? | 9/14/2009 | See Source »

...following in the footsteps of a different Palo Alto native. Men’s basketball co-captain Jeremy Lin, who also grew up in Palo Alto, attended Evans’ rival high school. Evans remembers cheering for Lin as he led Palo Alto High School over the favorites from Matter Dei in the 2006 CIF Division II State title...

Author: By Martin Kessler, CONTRIBUTING WRITER | Title: Crimson Loses Top Recruit to Injury | 9/14/2009 | See Source »

...Wilson, ironically, is now the voice of reason. The fact of the matter is that he did already apologize, and it is simply silly for him to do so twice, especially to anyone other than whom he wronged. Right now, the country largely sympathizes with the Democratic perspective that Wilson was horrendously out of line, but should Democrats overreach—as they are wont to do—they are in danger of reversing the public’s sympathies...

Author: By Dhruv K. Singhal | Title: Sorry Is Enough | 9/14/2009 | See Source »

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