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...that's not insanity, I don't know what is," says Toronto analyst Dennis DesRosiers with DesRosiers Automotive Consultants, referring to the ransomlike price GM demanded for its promise to maintain a share of its car and truck production north of Detroit. "This deal does more to get Obama reelected than it does to save jobs in Canada...
Despite the hefty price tag, both Ottawa and Ontario felt their hands were tied, and there was little haggling. "We had to save it all or have zero forever," PM Harper said at a joint news conference in Toronto, referring to the rescue of GM Canada...
...most parents of small children will reluctantly admit, nothing can occupy a child quite like television. Unfortunately, the scientific evidence suggests that using the boob tube as a babysitter has its price: the more time babies spend sitting in front of the screen, the more their social, cognitive and language development may suffer. Recent studies show that TV-viewing tends to decrease babies' likelihood of learning new words, talking, playing and otherwise interacting with others...
...disagree with most of Schiff's economic views. But there's a thriving line of academic research showing that including divergent opinions and models of how the world works makes groups better at solving problems. Our society failed spectacularly this decade at solving the problem of how to price houses and mortgage bonds. It would have done better if people had paid more attention to skeptical voices like Schiff's. "The fact that he was right this time doesn't mean he's going to be right the next time, but somebody will be," says University of Michigan social scientist...
Take the new efficiency standards. For years, U.S. automakers have fought tougher regulations by arguing that Americans tend to prefer larger, gas-guzzling SUVs and trucks. That's not always true: when gas prices were at an all-time high last summer, sales of SUVs were down considerably, while hybrids flew off dealer lots. Since then, prices at the pump have dropped - and so has the appetite for small cars. As long as the price of gas remains volatile, it's far from certain that Americans will buy the more efficient cars and trucks the new standards will require automakers...