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...congressional colleagues reached further back in time Monday to resurrect FDR and his pump-priming New Deal jobs program to help bolster a wobbly economy. "We need to address the fragility of markets, the stability of our economy," House Speaker Nancy Pelosi said as she prepared to meet behind closed doors to talk about the contours of a $150 billion stimulus plan with a high-powered squad of liberal economists including Joseph Stiglitz and Lawrence Summers, both of whom held senior posts during the Clinton Administration...

Author: /time Magazine | Title: The Dems' Plan C for the Economy | 10/14/2008 | See Source »

...economics laureate Stiglitz, who served as chairman of Clinton's Council of Economic Advisers. Any package must be "a comprehensive recovery program, not just based on trickle-down economics, not just giving money to the financial markets, but at least some of the money going directly to households, to meet infrastructure needs, to meet the variety of challenges facing our society today," he said...

Author: /time Magazine | Title: The Dems' Plan C for the Economy | 10/14/2008 | See Source »

...purchased space on the front page of the New York Times to run what he liked to call "bottom lines" - rants that ran along the bottom of the page like stock tickers. His haiku-esque May 26, 1991 message: "Federal debt soaring, national economy shrinking, soon the twain shall meet." In 1980, before technology could support a debt clock, he mailed handwritten holiday cards to dozens of congressmen that read: "Happy New Year. Your share of the national debt is $35,000." When technology finally caught up with his vision of a fiscal odometer, Durst's clock included a smaller...

Author: /time Magazine | Title: The Times Square Debt Clock | 10/14/2008 | See Source »

...quadrennial issue. Every presidential election finds college students wading through a swamp of murky laws and logistical hurdles to get into the polling booths. But this year, amid students' record interest - and record primary turnout - experts say many campus precincts are sorely unprepared to meet student demand. And laws passed after the 2004 election, ostensibly to clamp down on voter fraud, could cause a slew of new problems that disproportionately hit student voters. Which means the question in 2008 isn't whether young voters deliver. "It's can the young voters deliver?" says Matthew Segal, executive director of the Student...

Author: /time Magazine | Title: College Students Still Face Voting Stumbling Blocks | 10/14/2008 | See Source »

...press release insisting it was not the company Reid nearly outed. "The statement yesterday by Senate Majority Leader Harry Reid does not apply to MetLife," the release stated."MetLife is financially sound and has high ratings from all of the major insurance ratings agencies. MetLife is fully able to meet all its obligations...

Author: /time Magazine | Title: The Financial Hazards of Washington's Rumor Mill | 10/13/2008 | See Source »

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