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...short-term impact of a project vs. a long-term problem, which is climate change.' PAM EATON, executive at the Wilderness Society environmental group, arguing in favor of the plan, which is expected to power as many as 250,000 homes...

Author: /time Magazine | Title: Verbatim | 4/7/2009 | See Source »

...First Things First Before planning for the future, however, Detroit still has to get through the present. GM has been on life support since Dec. 19, when the outgoing Bush Administration threw it a short-term loan and told the company that it had until March 31 to come up with a plan for its long-term survival. It did - but its strategy was premised on projections that car sales would begin to pick up this year after last year's dismal industry performance, in which sales sank 18%, to 13.2 million units. But the pickup hasn't happened...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

...fact, Obama is betting his presidency on our ability to change our behavior. His top priorities - the economy, health care and energy - all depend on it. We need to spend more money now to avert a short-term depression, then save more money later to secure our long-term economic future. We need to consume less energy in order to reduce our oil imports and carbon emissions as well as our household expenses. We need to quit smoking, lay off the Twinkies and avoid other risky behaviors that both damage our personal health and boost the costs of care that...

Author: /time Magazine | Title: How Obama Is Using the Science of Change | 4/2/2009 | See Source »

...wants government to let us alone to do what we want, behavioral economics leaves room for government action to help us do what we would really want if we were rational agents. Unfortunately, the qualities that have crippled Washington in recent years - inertia, denial, allergy to complexity, preference for short-term gratification over long-term planning - are our own flaws writ large. Members of Congress are people too; they're likely to embrace change only when it's easy, popular and rewarding. Do we really want them trying to change...

Author: /time Magazine | Title: How Obama Is Using the Science of Change | 4/2/2009 | See Source »

...poverty, poor health, and low education, both neighborhoods rank among the most deprived areas in Britain. Almost a fifth of the local working-age population receives welfare benefits. Half have no formal qualifications. For leaders of the world's most advanced economies, the area offers a stark reminder: the short-term aim of the G-20 summit might be to revive the global economy, but the longer-term goal needs to be making it fairer. (See pictures of the global financial crisis...

Author: /time Magazine | Title: G-20 Site: 'A Cesspool, Bubbling with the Foul Products of Decomposition' | 4/1/2009 | See Source »

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