Word: pocketbooks
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...says, "We need to send a clear signal that, folks, we are really getting out" of Iraq. So upended is the political calculus that it is now Republicans like Senate majority leader Bill Frist who are urging their candidates to steer clear of the war in favor of pocketbook issues...
When you've co-founded the biggest software company in the world, you tend to look for big projects to pique your interest and your pocketbook. That's why Microsoft billionaire Paul Allen gathered a bunch of the country's top neuroscientists back in 2002 and asked how he could help to improve our understanding of how the brain works. "If you come from a background in computer science, it's always fascinating to think about the human brain, and to try to figure out and understand how the brain works," Allen told TIME recently. "It turns out we know...
...before Jenna Bush flashed a fake ID or Amy Carter staged a sit-in, another rebellious First Daughter was grabbing the nation's attention by lounging atop the White House roof smoking cigarettes, placing bets with a bookie and toting a pet garter snake named Emily Spinach in her pocketbook. "I can be President of the United States or I can attend to Alice," Theodore Roosevelt once said when asked to discipline his headstrong eldest child. "I cannot possibly do both...
...hopes and fears of the city are, for now, concentrated on a tall, rangy Corps veteran, Lieut. Colonel Lewis Setliff, head of Task Force Guardian, the group charged with repairing the levee system. Setliff's team has been given an $800 million pocketbook to repair more than 200 miles of levee damage and construct three unique floodgate systems to stop storm surges from riding into the city via the three drainage canals breached after Katrina. The Corps admitted last week that two of the three floodgates it was building for the job would not be finished on June...
...good news that the economy is absolutely cranking. Federal Reserve chief Ben Bernanke estimated that the economy grew nearly 5% in the first quarter, while unemployment has fallen to 4.7%, the lowest since 2001. But the price of gas isn't a mere macroeconomic figure. It's a pocketbook item that consumers feel every week. The economy required about 27% less energy to produce a dollar of GDP last year than it did in 1986, according to the Department of Energy. But gas prices are hurting consumers because real wage growth has declined over the past four years. The American...