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Bishop says this means a job-creation tax credit, judged in the context of billion-dollar stimulus plans, is pretty cheap for its results. He says other stimulus ideas can cost as much as $200,000 per job created. A recent study from the Congressional Budget Office found that a job-creation tax credit could be a more efficient way of stimulating the economy than either individual tax credits or infrastructure spending...

Author: /time Magazine | Title: Obama's Job-Creation Tax Credit: Will It Work? | 1/29/2010 | See Source »

While the NYU study tested memory and simple recognition, other recent research looking at activity in the brain at rest and the learning of complex visual tasks has yielded similar results. Neurologist Maurizio Corbetta of Washington University in St. Louis recruited 14 people to use their peripheral vision to identify a hidden pattern - an inverted T - that was flashed briefly on a screen inside an fMRI machine. After each daily training session, lasting one to two hours for about a week, participants were given an hour's rest, during which time Corbetta scanned their brains. (Read "The fMRI Brain Scan...

Author: /time Magazine | Title: Studies: An Idle Brain May Be Ripe for Learning | 1/29/2010 | See Source »

...must support efforts to rebuild Haiti in the long term—both as donators and as political agents making claims on our government. This requires that public institutions have adequate resources, tertiary education institutions give Haitians preference in admissions, and that jobs for Haitians are created with the recent influx of aid. One organization that is working with the public sector and will continue to work in Haiti after all of the cameras and news media leave is Partners In Health, an NGO that has been operating in Haiti for 25 years delivering free medical care to the rural...

Author: By Michael Henderson and Krishna Prabhu | Title: Harvard for Haiti | 1/29/2010 | See Source »

...populist; he's allergic to populists, and so are his aides. Behind closed doors, Treasury officials can sound like their MoveOn.org caricatures, griping about "wacko populists" who use "anticapitalist rhetoric" to "extract their pound of flesh from the Street" - even making excuses for the megabankers who no-showed a recent White House meeting with Obama. ("I wouldn't say they blew him off," said one Treasury aide.) Geithner has opposed proposals to tax Wall Street bonuses as well as financial transactions, infuriating the left. And he made quite a few of those how-can-we-help calls to floundering bankers...

Author: /time Magazine | Title: Can Bashing the Banks Help Obama? | 1/28/2010 | See Source »

...health care reform, though he did not lay out a strategy for passage. He gave glancing mentions to both repealing the ban on gays in the military and confronting immigration reform but offered no clear hope for resolving those issues. He was fiercely critical of the Supreme Court's recent ruling to allow corporate and union contributions to political campaigns, earning himself a disapproving head shake from Justice Samuel Alito, who sat in his robe in the second row. Obama also spoke at length about the deficit, saying he would freeze government spending, but not until next year. When some...

Author: /time Magazine | Title: State of the Union: A Feisty Obama, a Frosty GOP | 1/28/2010 | See Source »

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