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...widespread belief among economists that a secular shift in global spending patterns is under way. U.S. consumers, the usual drivers of economic growth, are reducing their outlays and may do so for years to come as they pay down debt. Under this "new normal" scenario, some of today's spare capacity may never come back into action because total demand will remain depressed indefinitely. Factories in some crowded sectors will have to be permanently closed or retooled to make different products...

Author: /time Magazine | Title: A Threat to Global Recovery: Too Many Factories | 10/6/2009 | See Source »

...Aljanabys have both found jobs and moved into their own Dearborn home. In her spare time, Wasan does volunteer work at an agency that helps newly arrived refugees. "It's my turn to help," she says...

Author: /time Magazine | Title: For Iraqi Refugees, a City of Hope | 9/24/2009 | See Source »

...posts every arrest photo from the four Tampa Bay-area counties, complete with the dazed scowls, bad hair and, for folks like Laurie, the humiliation of appearing alongside alleged murderers and car thieves. "This is completely horrible," says Laurie, who asked TIME not to print her last name to spare her further public shaming. "What if my boss sees...

Author: /time Magazine | Title: Newspapers Catch Mug-Shot Mania | 9/21/2009 | See Source »

...Democrats end up passing this major piece of legislation essentially on their own, there's no guarantee that it will spare them pain. On the contrary, Republicans are betting that whatever does get passed exclusively by their opponents will come back to bite the Democrats in both 2010 and 2012. Even while some pundits say the GOP will end up looking obstructionist, Republicans are quick to point out that the bulk of the bill - the exchange, which will help small businesses and the 47 million people who are uninsured buy affordable insurance, along with subsidies to help those...

Author: /time Magazine | Title: The Risks for Dems Going It Alone on Health Care | 9/21/2009 | See Source »

...final count has been paralyzed while U.N. and Afghan officials argue over what to do next. Some want to declare Karzai the winner quickly, arguing that even with the fraudulent ballots subtracted, the incumbent may still have gathered more than 50% of the vote. This, they say, would spare Afghanistan and the international community another costly and potentially violent vote in the midst of winter blizzards. Hence all that talk of a backroom deal between Karzai and Abdullah, in which Karzai would remain President but Abdullah would be named as Prime Minister or some such role. (See pictures of British...

Author: /time Magazine | Title: Why Karzai's Rival Abdullah Won't Budge on Runoff | 9/21/2009 | See Source »

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