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...solving the nation's economic problems is already light. The Administration's forecast is that unemployment will average 8.1% this year and 7.9% next year. The CBO estimates are a bit higher. Based on where unemployment stands now and where it will likely be at mid-year, none of those numbers is even remotely realistic. (See pictures of the Top 10 scared traders...

Author: /time Magazine | Title: Why the Stimulus and Bailout Hit the Government | 4/6/2009 | See Source »

...absurd, unhealthful behavior as a matter of course. One student I know put himself through the gauntlet of a 14-hour-per-day summer lab job pipetting in the hopes of snagging a future Harvard Medical School admissions letter; another suffered an existential crisis because he felt that none of his extracurriculars were sufficiently frivolous enough to show employers he could have fun. The anxiety runs deep—next Wednesday, the Office of Career Services will attempt to soothe those whose goals have been dashed with a panel entitled “Reflections on Rejections...

Author: By Jessica A. Sequeira | Title: Out With the Checklist | 4/5/2009 | See Source »

...Jason Winfree, a University of Michigan sports economist. If, say, UCLA had made the Final Four instead of Michigan State, thousands of the school's fans would have flown to Detroit to spend money. All of that cash is a windfall to the struggling state - without the Final Four, none of those Californians and UCLA fans throughout the nation were heading to Michigan to hang out for the weekend (OK, a handful might have family or some other reason to make the trip). For the Michigan State fan who spends a couple of hundred extra dollars at the Final Four...

Author: /time Magazine | Title: Why Detroit's Final Four Stimulus Is Overrated | 4/4/2009 | See Source »

...Younis is having none of that. She claims that the parents of all the musicians on the trip had signed release forms, knowing that their kids would be playing at a Holocaust survivors' club near Tel Aviv. On Monday, she says, Zubeidi's men went through the narrow lanes of the refugee camp with megaphones ordering parents not to send their children to Younis's music classes. "They have built a high wall between me and the children," she laments...

Author: /time Magazine | Title: Even After Exile, Palestinian Musician Vows to Play On | 4/4/2009 | See Source »

...None of this necessarily puts the U.S. and Pakistan on a collision course. The Obama Administration has begun to talk of reconciliation with moderate Taliban elements, and some in the Pakistani leadership may be hoping to move Washington closer to the approach urged by Musharraf at the very beginning of the war: separating the Taliban from al-Qaeda...

Author: /time Magazine | Title: Will Pakistan Toughen Up on the Taliban? | 4/2/2009 | See Source »

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