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...about the economy but the panic and the adrenalin rush which accompanies it have not hit with a full force. The prospect of another 524,000 people being put out of work in just 30 days and the likelihood that the situation will only get worse as industries from retail and automotive cut more people may be the only thing that drives an admittedly imperfect set of bills though Congress, to the President's desk, and into the bureaucracy that must implement the programs...

Author: /time Magazine | Title: Horrible Jobs Report May Save the Economy | 1/9/2009 | See Source »

...carbon emissions from coal, oil and gas to hasten our transition to sustainable energy. For example, instead of letting gasoline prices tumble now only to see them soar again shortly, we could set a floor on prices at the pump and collect the difference between the wholesale and retail prices in federal revenues. Various carbon and gasoline taxes could raise another 1% or so of GDP. The public will also probably accept taxes on health care if they convincingly help save even more in private outlays on health insurance. A well-managed system of public financing of health care...

Author: /time Magazine | Title: The Case for Bigger Government | 1/8/2009 | See Source »

...Bernie Madoff. But the state has its problems, from layoffs by major employers to falling grain prices, bankrupt ethanol plants and state budget woes. And some of those recent scary national headlines - "U.S. Loses 533,000 Jobs in Biggest Drop Since 1974," "Recession Propels Skid in Housing Sales, Prices," "Retail Sales Are Weakest in 35 Years," "In Need of Cash, More Companies Cut 401(k) Match" - are translating into tangible, tell-tale signs on the street where I live. (See Obama's agenda for getting the U.S. back on track...

Author: /time Magazine | Title: Hard Times: From Wall Street to Elm Street | 1/7/2009 | See Source »

...cost. These days they're saying, 'Well, I can get a table at another hotel for $1,000.'" Though Shalala hasn't dropped rates drastically to attract customers, he does throw in extras like free concert tickets, promotional chips to spend in the casinos or discounts at the retail shops...

Author: /time Magazine | Title: Behind Vegas's Bad Bet | 12/29/2008 | See Source »

...there you have it: the war on Christmas is a godless plot cooked up by a cabal of latte-sipping liberals, greedy retail tycoons, bearded ACLU communists and Ban Ki-moon acolytes who secretly gather in Bay Area synagogues to smoke pot, deface Bibles and perform abortions...

Author: /time Magazine | Title: The War on Christmas | 12/24/2008 | See Source »

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