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...levels are falling. Consumer spending is down. The savings rate is on the rise. Great, right? Not exactly. The sudden sobering up of the American consumer happens to be the No. 1 force driving the U.S. and global economies downward. We're saving more, yet we're all getting poorer...

Author: /time Magazine | Title: Resolving the Paradox of Thrift | 2/12/2009 | See Source »

...British filmmakers, actors and actresses are winning awards alongside their Hollywood counterparts, is there any need for an Outstanding British Film category at all? How come all British films are equal, but some British films are more equal than others? Yes, Britain's film industry is much smaller and poorer than America's, and, true, there's the risk that, in some years, U.S. award winners will swallow the Brits whole. But, these days, who's to say which films should be relegated to the British film category and which films go beyond British and get to compete as simply...

Author: /time Magazine | Title: And the British Oscars Go To... The Brits! | 2/9/2009 | See Source »

...work as seasonal labor, and they now account for more than 30% of the state's population. Their numbers have made them a significant political force and have generated a frustration that will sound familiar to any country dealing with a large influx of migrants from a poorer country. "They take all the jobs," says Shibshankar Chatterjee, a journalist who is writing a book on migration in the northeast. "They are very cheap labor...

Author: /time Magazine | Title: A Great Divide | 2/5/2009 | See Source »

...trainer talks animatedly to them about the thyroid. The women will leave this class today and knock on as many as 50 doors to tell the families under their care about the necessity of using iodized salt to prevent developmental problems in children--an especially important lesson in these poorer parts, where seafood is rarely eaten...

Author: /time Magazine | Title: Tehran's Health Patrol | 1/29/2009 | See Source »

What the volunteers do in Tehran's urban areas, staffs carry out at so-called health stations on the outskirts of the city. In Saloor in Eslamshahr, a poorer satellite city of about half a million outside Tehran, the three nurses in the two-room health station are busy weighing infants, giving vaccines and taking the blood pressure of the mostly elderly visitors, like Mirza Seyyed Hosseini, 75, a shoemaker who drops in on occasion for a multivitamin injection...

Author: /time Magazine | Title: Tehran's Health Patrol | 1/29/2009 | See Source »

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