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...Naisbitts posit eight future developments for China; none are insightful. There's "Crossing the River by Feeling the Stones," which meant something when Deng Xiaoping uttered this maxim of pragmatic, step-by-step reform, but has become little more than a cliché three decades on. "Emancipation of the Mind" also looks tired after an entire generation of Chinese has grown up with an openness unimaginable to their parents...

Author: /time Magazine | Title: Why China's Megatrends is a Disappointment | 3/22/2010 | See Source »

...lost in February a year earlier but points in the wrong direction all the same. Were the economy to magically start generating jobs at a healthy clip - say, 200,000 a month - it would still take 3½ years to return to where we were, never mind the jobs we need for new entrants to the workforce...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...This reality has triggered a nearly convulsive political response, given that elections are won and lost over the state of the economy and the mind-set of wage earners. That's why President Barack Obama, in his State of the Union address, called jobs his "No. 1 focus" and proposed repurposing bank-bailout money to lend more to small businesses, which would then, presumably, generate jobs. On March 17, Congress passed a job-creation bill that includes, among other things, an estimated $13 billion worth of tax incentives to coax companies into adding to their payrolls. (See 10 perfect jobs...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...cuts for businesses that hire - and then retain - workers will likely wind up doing more of the same. No businessman in his right mind is going to add the long-term liability of a worker simply for the short-term benefit of a tax break. On the other hand, such incentives may accelerate some hiring that would have eventually happened anyway, and that would put more money into consumers' pockets faster. Of course, extra spending and tax cuts contribute to the $1.5 trillion federal deficit, and that drags on the economy. (See "How High Could the U.S. Tax Rate...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

Domming is obviously not the typical side job. What inspired you to respond to that ad? I had worked in plenty of coffee shops already - I'd been making lattes since I was 16. I [actually] went looking for the ad. I already had it in my mind that I wanted to be a dominatrix. It represented the potential for a double life and I'd always been drawn to that. In the beginning, I thought of myself as a cultural anthropologist - a student of human behavior. I was also sick of making lattes...

Author: /time Magazine | Title: Inside the Secret World of a Dominatrix | 3/19/2010 | See Source »

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