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...delivered a master class that night in taking on Ronald Reagan - not with heavy-handed scaremongering but rather with a light touch that was all the more devastating for its sense of incredulity. "The same Republicans who are talking about preserving the environment have nominated a man who last year made the preposterous statement, and I quote, 'Eighty percent of our air pollution comes from plants and trees.' And that nominee is no friend of the environment." The convention rejoiced as Kennedy arraigned Reagan for a string of similar absurdities; we had discovered in Reagan's past radio shows...

Author: /time Magazine | Title: Bob Shrum Recalls Ted Kennedy's Greatest Speech | 8/26/2009 | See Source »

...federal government's spending oscillated over the subsequent decades, running a surplus in the good years and a deficit in the bad ones, until the early 1980s. President Ronald Reagan's economic and foreign policies - tax cuts combined with substantial increases in Cold War-era defense spending - led to a string of deficits that averaged $206 billion a year between 1983 and 1992. The balanced-budget acts of 1990 and 1997 helped reverse this unprecedented level of peacetime spending, and in 1998 the U.S. recorded its first budget surplus in nearly 20 years...

Author: /time Magazine | Title: The U.S. Deficit | 8/25/2009 | See Source »

...Foreign Policy this summer, journalist Reihan Salam predicted that the "macho men's club called finance capitalism" would not survive the present economic ordeal. Provocatively--but correctly--he claimed that this male order rests on foundations considerably older than Ronald Reagan's supply-side revolution. The economic system that FDR shored up was a male one. The New Deal focused on infrastructure at a time when there were not a lot of lady dam builders around. (Salam might also have mentioned the GI Bill, the most effective instrument ever devised for giving a leg up to males in universities...

Author: /time Magazine | Title: The Pink Recovery: Why Women Are Doing Better | 8/24/2009 | See Source »

...Anyway, Americans usually don't pay much attention to Energy Secretaries, who tend to be political loyalists with little energy expertise; President Ronald Reagan once appointed a dentist to the job. Since its founding during the last energy crisis, in 1977, the DOE has become a bloated backwater of the military-industrial complex, primarily responsible for safeguarding nuclear weapons and cleaning up nuclear waste and generally ignored between security breaches at its nuclear labs. But now there's a new energy crisis, and the appointment of a global-warming Paul Revere who's also a green-tech Albert Einstein...

Author: /time Magazine | Title: Can Steven Chu Win the Fight Over Global Warming? | 8/23/2009 | See Source »

Former U.S. Senator Norm Coleman, former Democratic National Committee Chairman Terry McAuliffe, former Obama presidential campaign senior advisor Stephanie Cutter, and Wall Street Journal columnist and Reagan speechwriter Peggy Noonan headline the Institute of Politics' fall lineup of resident and visiting fellows announced Thursday...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: IOP Announces Fall Fellows | 8/21/2009 | See Source »

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