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...like the U.S.'s, which counts on dynamism as a competitive advantage. Lending to businesses is down; that much is true. But is that because banks are overly cautious and asset-impaired or because businesses are uncertain about the future - or just aren't creditworthy borrowers? A recent survey by the National Federation of Independent Business found that companies that couldn't borrow typically had declining sales or depressed real estate values. Simply opening the lending spigot doesn't seem to be the answer...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

David Cromer - the Chicago-based director who won acclaim for his recent off-Broadway revival of Our Town - handles all this with sensitivity and solemnity. (This is a real rara avis in New York theater: a play without laughs.) A cast of mostly Americans (among them Mary Beth Hurt and Victoria Clark) conveys the British and Australian milieus with as much authenticity as you're likely to find on these shores. The play is unrelievedly bleak but with a denouement of unexpected hope: a moving, almost revelatory evening of theater, and easily the best new play of the year...

Author: /time Magazine | Title: The Best New Play of the Year | 3/18/2010 | See Source »

...That soon will end, and an even more political phase is about to begin. White House aides have been conducting themselves in recent weeks like sweaty brawlers awaiting the starting bell. Asked about Republican plans to attack the White House on health care in November, senior message guru David Axelrod did his best impression of Dirty Harry. "I say, Let's have that fight," he said on NBC's Meet the Press. "Make...

Author: /time Magazine | Title: Health Care Brawl: Why Obama's Team Thinks It Can Win | 3/18/2010 | See Source »

...Israel should never give back any parts of the Holy City to the Palestinians. The hawks view Netanyahu's agreeing even to a 10-month partial moratorium on new settlement activity in the West Bank as a needless sellout to Obama, one of the least popular American Presidents in recent memory among Israelis. With an address to Washington's pro-Israel American Israel Public Affairs Committee looming, Netanyahu wasn't about to cave again...

Author: /time Magazine | Title: The U.S.-Israel Spat: Just a Sideshow | 3/18/2010 | See Source »

...Despite the country's recent economic gains, Slovaks do tend to have an astonishingly poor view of their nation. In a 2006 study based on polling by the International Social Survey Program, for example, Slovakia ranked as the fourth least patriotic nation out of 33 countries surveyed -the U.S., not surprisingly, was number one. Slovakia's angst began when Czechoslovakia split up in 1993 and Vladimir Meciar became Prime Minister of the new Slovak nation, ushering in four years of autocratic and isolationist rule. The country was considered such a backwater during those days that then-Secretary of State Madeleine...

Author: /time Magazine | Title: Patriotism by Decree in Slovakia | 3/18/2010 | See Source »

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