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...faculty buyout has the potential to harm Harvard’s educational mission if it is carried out with the hiring freeze still in place. The early retirement incentive is similar to one offered to staff two months ago and is part of a series of measures intended to pare down the faculty’s budget, which is expected to run a $220 million deficit over the next two years if the school does not take measures to reduce its expenditures...

Author: By The Crimson Staff | Title: Education Buyout | 4/27/2009 | See Source »

...Congress and the White House now face a limited set of options, especially as they struggle to maintain the president's priorities, which include more spending for education, health care and energy reform. They can pare back the spending plans, propose further tax increases, or hope that the CBO got the projections wrong and the economy does not deteriorate any faster than already expected. "I think it's easy to exaggerate fluctuations in the deficit projections, which are driven by small changes in underlying assumptions," Orszag told reporters. "I also recognize that despite that, the CBO numbers are going...

Author: /time Magazine | Title: Will Deficits Force Obama to Sacrifice His Agenda? | 3/23/2009 | See Source »

...hate policy goals that require federal spending, are likely to sit on their hands, while Democrats rejoice. Finally, expect Obama to talk about the need to continue these sorts of policy initiatives, outlining his priorities for reforming energy, health care and education, as well as the need to simultaneously pare back the long-term deficit...

Author: /time Magazine | Title: Five Things to Look For in Obama's Speech | 2/24/2009 | See Source »

...fully implemented. "We've done about 40% to 50% of what we need to do," said Jusman Djamal, Indonesia's transport minister, during a Jan. 12 press conference held in the wake of the country's latest deadly accident. The previous day, a ferry traveling from Pare-Pare on the west coast of Sulawesi island to the Indonesian city of Samarinda had rolled over in a storm. So far, only 35 survivors and two bodies have been found. Up to 330 people still missing are feared dead...

Author: /time Magazine | Title: Asia Continues to Wrestle with Ferry Safety | 1/15/2009 | See Source »

...style that predominates in current high-art festival films - films that rarely get much exposure in U.S. movie houses - is minimalist. Springing from the works of great directors like Carl-Theodor Dreyer and Robert Bresson, minimalism follows certain rules, as restrictive as Mennonite edicts. Pare down movie technique to its essentials; show characters behaving, however mutely, rather than acting; make viewers work for their epiphanies. This style has been responsible for many small, lugubrious films and - from directors who know how to make more of less - a few masterpieces. Silent Light is one of them...

Author: /time Magazine | Title: Silent Light: Small Masterpiece | 1/8/2009 | See Source »

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