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...customers who either are worried about Toyota's problems or simply aren't able to get the vehicle they want because sales have been halted. Ford has been the subject of enormously favorable news coverage this year, ranging from vehicle awards to headlines celebrating its return to profitability - Ford is the only U.S. automaker to report an annual profit in the past several years. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Who Benefits from Toyota's Recall Problem? | 2/2/2010 | See Source »

...possible anymore, the entire thing will come falling down," says Eric Grémont, co-founder of the Paris-based Politico-Economic Observatory of Capitalistic Structures. To avoid this, he and Touati both say that states must freeze their spending at current levels to speed up a return to economic growth. But when that happens, they add, governments must also start slashing budgets, reducing expensive state services and cutting jobs - all the things that tend to weigh economies down in good times. Why? Because they say the only way big-spending nations can avoid implementing drastic debt-reduction measures...

Author: /time Magazine | Title: The U.S. Is Not Alone — Europe's in Debt Too | 2/2/2010 | See Source »

...usual promises to "blaze a new trail," answer a "bold challenge," "spur innovation" and, of course, inspire young people, the fact of the matter is that the new plans will keep America on the ground for most of the next decade or longer. And whenever U.S. astronauts finally do return to space, they won't be going very far. (See the 40th anniversary of the moon landing...

Author: /time Magazine | Title: No Liftoff: Obama's Plan Grounds NASA | 2/2/2010 | See Source »

...expanded opportunities for it. Additionally, faculty hiring is frozen, and many professors are taking early retirement or have left for Washington. Thus, professors should be expected to teach more classes to soften the blow from lost courses, like the Economics Department’s junior seminars, until faculty levels return to normal. Professors are the best resources that undergraduates have, and as long as we still have enough faculty-taught courses to meet demand, undergraduates will leave Harvard with an incredible education...

Author: By Elizabeth C. Bloom | Title: Old Harvard, New Harvard | 2/2/2010 | See Source »

...Contract with America. "The approach [to oppose Obama's agenda] was clearly set by the leaders to try to jump-start a moribund and dispirited party, and with the idea that if they could do what their Gingrich-led predecessors did in 1993-94, they could return to majority status on the back of a failed President with a divided majority party," Ornstein says. "It works less well, ironically, when there are 59 Democrats in the Senate and the GOP loses the excuse that the Dems have enough members to do it themselves. The burden to join in governing...

Author: /time Magazine | Title: Can Republicans Win Big as the Party of No? | 2/1/2010 | See Source »

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