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...India's GDP grew at a rate of 7% or better the last two years. That rate is expected to move down sharply due to the recession. The central government has the goal of continuing the growth rate it enjoyed until last year, but as GDP falls throughout the balance of the developing and developed world, it will be nearly impossible for the government to meet those goals...

Author: /time Magazine | Title: IBM and the Rebirth of Outsourcing | 3/26/2009 | See Source »

...While labor prices drop in the U.S., they are probably dropping faster in countries like India and China. India's official unemployment rate is 8.2%, but is expected to rise throughout the balance of the year. IBM clearly arbitraged the joblessness in the U.S. and India as it made its decision about where to employ several thousand people. To put it crassly, IBM is looking for the equivalent of the lowest cost bidder...

Author: /time Magazine | Title: IBM and the Rebirth of Outsourcing | 3/26/2009 | See Source »

...doubt, TV is changing, and fast. Free TV will become more cut-rate; quality will cost, as movies and books do. There will be more rarefied TV and more craptastic dreck. There will be less middle-of-the-road TV for everybody but more venues for telling stories that don't have to please 30 million people. The old networks (and the people who make shows for them) will struggle to make a buck, but new outlets will rise and thrive. ER will pass, but hospital dramas have birth stories as well as death stories. Broadcast TV may be flatlining...

Author: /time Magazine | Title: Here's to the Death of Broadcast | 3/26/2009 | See Source »

...reach your own doctor. The rest turns on the type of injury. Richardson died of an epidural hematoma, an accumulation of blood between the skull and dura, the tough tissue covering the brain. A subdural hematoma is blood between the dura and brain. Both injuries have a mortality rate of about 50%. Intracerebral bleeding, which occurs within the brain, is even more serious. "Patients get redlined to surgery in 15 to 30 minutes" if they have any of these injuries, says Dr. Neil Martin, chairman of the department of neurosurgery at UCLA...

Author: /time Magazine | Title: Dealing with Brain Injuries | 3/26/2009 | See Source »

Soon after starting his job as superintendent of the Memphis, Tenn., public schools in 2008, Kriner Cash ordered an assessment of his new district's 104,000 students. The findings were grim: nearly a third had been held back at least one academic year. The high school graduation rate had fallen to 67%. One in five dropped out. But what most concerned him was that the number of students considered "highly mobile," meaning they had moved at least once during the school year, had ballooned to 34,000, partly because of the home-foreclosure crisis. At least 1,500 students...

Author: /time Magazine | Title: What Public Boarding Schools Teach Us | 3/26/2009 | See Source »

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