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...last word on the budget. Where consumers decide which cars to drive and how many lights to burn. And where the clash of powerful interest groups makes it easier to do nothing about big problems than to tackle them. Even the strongest, wiliest, most effective Presidents must change shape and shift direction to accommodate these and other forces. An ability to alter course without losing one's way is essential to presidential success. "I claim not to have controlled events," Abraham Lincoln wrote, "but confess plainly that events have controlled me." As the sailor President Franklin D. Roosevelt understood, only...

Author: /time Magazine | Title: How Obama and McCain Would Lead | 10/30/2008 | See Source »

...Cambridge as a municipality is in extraordinary good shape fiscally. We have been thoughtful about not spending down to the last dollar, so we have about $94 million in what they would call “free cash.” That puts us in a position where we don’t have to look at layoffs or cutting programs or services or increasing the tax that we levy on our residents. The presence of the universities, just in terms of the intellectual capital, the people that it brings into the city that take advantage of our goods...

Author: By Hyung W. Kim, CRIMSON STAFF WRITER | Title: 15 Questions with E. Denise Simmons | 10/29/2008 | See Source »

...America at a Crossroads,” Suskind tried to make sense of the “extraordinary” legacy of the Bush administration and the subsequent challenges the next president will face. “The office of the presidency has been stretched out of shape, and it won’t snap back on its own,” he said. There will need to be an extraordinary effort by the next president, Suskind said, to give back power that had been inappropriately seized. Suskind explored the post-Sept. 11 rise in the power of the executive...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: HLS Hosts Pulitzer- Winning Journalist | 10/29/2008 | See Source »

...patch with a foreseeable end. Some optimistic forecasts show GDP growth slipping until sometime in the latter part of 2009, when it is expected to inch upward again. But even an uptick in broad economic indicators after next year is unlikely to ease unemployment. The high unemployment rates taking shape now are likely to hover near record levels for some time, because economic recoveries in recent decades have tended to go forward without generating many jobs...

Author: /time Magazine | Title: Unemployment: The Problem That May Linger | 10/27/2008 | See Source »

...giving our money to the government to 'spread the wealth around,'" he said outside the county government headquarters in Woodbridge. "In this country, we believe in spreading opportunity." Leaving the rally, supporters handed out black bumper stickers with the word change written in red letters, the c in the shape of a U.S.S.R.-era sickle and hammer...

Author: /time Magazine | Title: Why the New Virginia Is Leaning Toward Obama | 10/27/2008 | See Source »

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