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...Municipal unions, which in recent years have had more success winning premium health benefits than wage increases, are incensed at the notion that their members could get hit by a new health-insurance tax, even an indirect one. "In our judgment, we think it's inequitable to tax individuals because of who they work for, what they do or where they work," says Chuck Loveless, legislative director of the American Federation of State, County and Municipal Employees. Of the Kerry excise tax proposal, Loveless says, "We're looking at it very closely and we're trying to calculate the cost...

Author: /time Magazine | Title: Taxing Pricey Insurance: No Health-Care Cure | 7/28/2009 | See Source »

...does the Green Movement have? Few are willing to predict the outcome. Mousavi's refusal to back down, and the relatively unified stance that he, Khatami and Karroubi have taken, have generated a large degree of legitimacy among those Iranians who felt cheated by the election. Indeed, given the recent squabbles among conservatives over Ahmadinejad's Cabinet and adviser appointments, the opposition currently seems more unified than the government - something that was not true a month ago. But the opposition umbrella also covers a disparate group of voices and opinions, ranging from political conservatives who simply want to restore checks...

Author: /time Magazine | Title: The Iranian Opposition: Willing but How Able? | 7/28/2009 | See Source »

...With production reduced, dealers have been working off their swollen supply in recent months and many have offered substantial deals. But the inventory problem has been complicated by widespread dealer shutdowns - no change in inventory but fewer dealers to sell it - so the correction process is far from complete. Carmakers had nearly 3 million units on hand at the end of 2008 and could have any many as 2 million units in stock by the end of 2009, according to an estimate by the consulting firm PricewaterhouseCoopers...

Author: /time Magazine | Title: As Cash for Clunkers Starts, Dealers Hope to Clear Lots | 7/27/2009 | See Source »

...which offers up to $4,500 for the purchase of an eligible 2009-model-year Chrysler, Jeep or Dodge vehicle through the Double Cash incentive. Mike DiGiovanni, GM's general director of market analysis, says the federal program is also expected to encourage consumers who have leased vehicles in recent years to get back into the buying market. At the very least, DiGiovanni hopes to arrest a frightening trend: more than 50% of the buyers who have turned in leased GM vehicles in recent months have opted not to replace them. "It's an astonishing figure," he says. (Watch...

Author: /time Magazine | Title: As Cash for Clunkers Starts, Dealers Hope to Clear Lots | 7/27/2009 | See Source »

...banned prenatal sex screening in 1994. Nonetheless, an April study published in the British Medical Journal found China still has 32 million more boys than girls under the age of 20. The total number of young people is a problem as well; factories have reported youth-labor shortages in recent years, a problem that will only get worse. In 2007 there were six adults of working age for every retiree, but by 2040 that ratio is expected to drop to 2 to 1. Analysts fear that with too few children to care for them, China's elderly people will suffer...

Author: /time Magazine | Title: China's One-Child Policy | 7/27/2009 | See Source »

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