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...while the stimulus plan may eventually reach its goal, a look at the paper Romer and Bernstein wrote back in January shows that at least for now, the stimulus plan is at best off to a slow start. The two economists did say in the report that they expect the bulk of the jobs created by the stimulus to happen in 2010 and 2011. Nonetheless, the report says that even by the middle of this year, the stimulus bill would have a positive effect on the unemployment rate. Without the stimulus, the two economists predicted, the unemployment rate would rise...

Author: /time Magazine | Title: Obama's Stimulus Plan: Failing by Its Own Measure | 7/14/2009 | See Source »

...were also now pain-free. So I was curious last year, when at age 73 he came in and told me he was ready for a hip replacement. "It's just so stiff" is all he would say. He certainly had the limp, the trouble with stairs and the slow rise from a chair that you see in folks with hip arthritis. His X-ray showed bone-on-bone erosion and plenty of spurring; his examination showed the profound loss of motion you would also expect. Everything said "just do a hip replacement" - except for that one cardinal feature: pain...

Author: /time Magazine | Title: Can Turmeric Relieve Pain? One Doctor's Opinion | 7/13/2009 | See Source »

...currently does. To keep this new American frugality from battering the global economy even more than it's been battered, somebody has to pick up the resulting slack in demand. Europe and Japan have been hit harder by the downturn than the U.S. has, and they have aging, slow-growing populations unlikely to ignite consumer booms. That leaves the BICs as pretty much the only remaining candidates. These economies are still too small to take up all the slack: together their GDP amounts to less than half that of the U.S. But they are expanding rapidly. Yes, their ascent spells...

Author: /time Magazine | Title: Let Someone Else Buy | 7/13/2009 | See Source »

...psychologists Anne McLaughlin and Jason Allaire at North Carolina State University. The duo are part of a team that was just awarded $1.2 million from the National Science Foundation to fund a four-year study of cognitive decline in the elderly - specifically, whether playing certain video games might help slow the effects of aging. The theory is that the strategy, memory and problem-solving skills necessary for mastering certain games may translate to benefits in the real world, beyond a glowing computer screen...

Author: /time Magazine | Title: Can Gaming Slow Mental Decline in the Elderly? | 7/11/2009 | See Source »

...Robert Wood Johnson Foundation, for example, has pledged $8.5 million to study the impact of video games on everything from Alzheimer's disease to driving skills - there is little existing evidence that gaming, which is widely dismissed as an elaborate form of mind rot, really holds any potential to slow the effects of aging. "I think it is silly for someone to run out and buy a game with the hope that it is going to help them age better. There is no proof that it is going to be effective," says Columbia University neuropsychologist Yaakov Stern, who specializes...

Author: /time Magazine | Title: Can Gaming Slow Mental Decline in the Elderly? | 7/11/2009 | See Source »

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