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...budget by 2011. While laudable during a period of growth, setting a rigid deadline for fiscal consolidation makes less sense when revenues are falling due to a slumping economy. Cutting spending now to reduce the budget deficit will only make a recession worse. This does not mean Tokyo should return to its failed policies of the 1990s by spending freely on wasteful construction projects and subsidies to special-interest groups. It means only that the government should accept modest deterioration of its balance sheet during an economic downturn...
...Some educators also worry about the symbolic impact of the protest on students who presumably will return to their inner-city classrooms. "Telling them to go to another district and enroll sends the message that your teachers aren't as good as those in the suburbs," says Kia Banks, a literacy teacher at Chicago's Kohn Elementary School. "I bring the same level of competence to my classroom as any other teacher...
...remunerative collection of media jobs. Rove and his new employers won't say how much he's making - "not until you ship me your income tax return and send me your monthly bank statements," Rove says when asked. But a knowledgeable industry source says he gets $50,000 a pop for the two to three speaking engagements he does every week. By several accounts his book deal with Simon and Schuster brought in a seven-figure advance. The Wall Street Journal declined to discuss his employment, and John Moody, his boss at Fox News, says only, "Karl brings...
...Diplomats in Seoul and Washington believe this latest tantrum comes for two very specific reasons. In return for finally providing what was supposed to be a full accounting of its nuclear facilities and bombs earlier this summer, the Bush administration said it would, among other things, take North Korea off its list of state sponsors of terror. Pyongyang, sources say, was led to believe that the formal delisting would come August 11 - a deadline that has come and gone. U.S. and South Korean officials have said privately that the delay is a result of disagreements over how, exactly, the North...
...assess progress in clearing minefields there. In June, she was in Vietnam, Thailand and Cambodia, working with Operation Smile, the charity that helps disfigured children and on whose board she also serves. In July, she was in Rwanda, reviewing relief efforts by the World Food Programme. She plans to return to the U.S. from Georgia late Wednesday. "It's a very quick trip," she says...