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...Companies to Hire People If we want firms to go out and hire, why not give them an economic incentive to do so? This could be done by flat-out paying companies to hire, or by reducing their share of payroll taxes (the money that gets withheld from workers' paychecks to pay for Social Security and Medicare). Either way, adding a new worker becomes cheaper. We last tried this in the 1970s - the mechanism was a tax credit for hiring - and the results weren't particularly remarkable, though part of that could have had something to do with the structure...
Boost Access to Credit for Growing Businesses Small businesses - or, to be more precise, young businesses - create a disproportionate share of new jobs. To do that, they need to grow, and to do that, they often need access to credit. While the ability of large firms to borrow has pretty much returned to normal, many smaller firms are still struggling to get the money they need from banks. It's a problem that even Federal Reserve Chairman Ben Bernanke has talked about in recent weeks. The seeming solution: help get small, growing companies loans and the jobs will follow...
...AIDS Vaccine In a field that has seen more failure than success, experts received the news of an effective new AIDS vaccine with a fair share of skepticism. In September, a $105 million trial of a novel combination of two older vaccines was the first to show protection against HIV infection. The results of the trial, which involved more than 16,000 volunteers, suggested that the vaccine was 31% effective at preventing infection among those who were inoculated. It was a modest outcome, given that behavior-based prevention methods, like condom use, can be equally if not more effective...
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Montana Senator Max Baucus, the powerful chairman of the Senate Finance Committee and a key player in health-care reform, has been involved with his share of feisty women. His second wife Wanda Minge was arrested in 2004 for fighting with a woman at a suburban Virginia garden store. (Minge was reportedly upset that she was not being helped by the staff at a garden supplies shop with loading mulch on to her car; the charges were eventually lowered to misdemeanor assault and a plea deal avoided prosecution.) The 2007 holiday season was the last time in their quarter-century...