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...government reported that fourth quarter GDP contracted at an annual rate of 3.8%. That does not approach the 7.8% in the second quarter of 1980 or the 10.4% post-war record set in the first quarter of 1958. The consensus estimate among analysts was for a 5.4% drop...

Author: /time Magazine | Title: GDP Drop: Not As Bad As Feared, But Worse Is Ahead | 1/30/2009 | See Source »

...personal accomplishments. We seek to bring to Harvard students with the maturity and independent -mindedness to exercise choice responsibly. Students can take tests knowing they will be able to choose which ones to send to colleges. The fact that test results will not automatically be part of the permanent record may also help to alleviate some of the stress that pervades the college admissions process and distorts the junior and senior years of high school. Standardized tests are only one factor among many in Harvard’s holistic admissions process. The Committee on Admissions has always taken into account...

Author: By William R. Fitzsimmons and Marilyn Mcgrath | Title: Not Such a Bad Choice | 1/30/2009 | See Source »

...University of Chicago Aeromedical Network. The average has doubled to more than 12 crashes per year since 1998. The past 15 months have been the deadliest yet: there have been 18 helicopter-ambulance crashes since October 2007, including 11 fatal accidents that left 36 people dead. "The current accident record is unacceptable, and it has to improve," says Robert Sumwalt, vice chairman of the National Transportation Safety Board, which investigates air crashes...

Author: /time Magazine | Title: EMS Helicopter Safety: Can New Rules Save Lives? | 1/30/2009 | See Source »

...Republicans have a major political incentive to resist working with Obama and the Democrats. Few economists predict that the economy will be fully recovered by the 2010 election, with or without the stimulus, making it all but certain that Republicans will run for re-election against Obama's economic record. Already, such campaign rhetoric has been seeping into the debate. "The only thing this bill will stimulate is more government and more debt," said Representative Mike Pence, a conservative leader. (See pictures of John McCain's presidential campaign...

Author: /time Magazine | Title: The Stimulus Bill's Bumpy Ride | 1/30/2009 | See Source »

...latest audit was released to the media on Thursday by New York Congresswoman Louise Slaughter. "I'm so angry that I can hardly speak of it," Slaughter told TIME. "The one thing that will come of this is better testing and better record-keeping by the Army." (Read "A Doctor's Life in Baghdad...

Author: /time Magazine | Title: How Safe Is the U.S. Army's Body Armor? | 1/29/2009 | See Source »

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