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...York). But that's where the similarity ends. James is no morose hipster caught up in memories of the past. Nor is he Benjamin Braddock, lolling about, passively awaiting seduction. James is seeking the future as fast as he can and resenting any minute he has to spend in this awful present...

Author: /time Magazine | Title: Adventureland: Rides and Romance in an Uncertain Age | 4/2/2009 | See Source »

...Coming Car Boom Once the dust settles, the new GM, or whatever replaces it, is likely to see a marketplace of consumers finally ready to spend money on new cars. GM's executives aren't entirely off base in thinking that pent-up demand is building, because it is. "Assuming general economic recovery, in the developed markets we will see maybe 95% of what it had been," says John Paul MacDuffie, an associate professor of management and co-director of the International Motor Vehicle Program at the Wharton School of the University of Pennsylvania. U.S. auto and light-truck sales...

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

...plan for the complex, due to be completed in 2010, calls for a piazza with a fountain and a cafe, designed to draw non-Muslims to the site. The local Muslim elders hope that, once there, visitors will browse in the library, check out the art gallery or spend in the shopping mall, which Böhm envisions as "a modern souk with the quality of the traditional souk." The mosque's prayer hall consists of shells of textured concrete connected by glass panels, to create "ideological and architectural transparency," says Böhm. Far from a nod to tradition...

Author: /time Magazine | Title: Updating the Mosque for the 21st Century | 4/2/2009 | See Source »

...nonexistent oversight and their allowing the deficit to balloon to $10 trillion. All Gingrich can offer as an answer is Contract with America 2.0 - which consists mostly of tax cuts. It's the old trickle-down economics with a fresh paint job. I'd much rather have tax-and-spend Democrats than borrow-and-spend Republicans. David Ingram, ST. LOUIS...

Author: /time Magazine | Title: 10 Ways to Change the World | 4/2/2009 | See Source »

...other words, China will seek to spend more, and the U.S. will seek to spend less. Many economists are critical of the lack of specific policy solutions beyond these acknowledgements, saying the imbalances and the resulting distorting effects on currency exchange rates should have been a central agenda item at the G-20. "Unless and until surplus countries recognize that this cannot continue, no durable escape from the crisis will be achieved," Martin Wolf, author of Fixing Global Finance and the Financial Times' economics columnist, wrote in Wednesday's edition. "Understandably, but foolishly, they are unwilling...

Author: /time Magazine | Title: The G-20's Hidden Issue: A Global Trade Imbalance | 4/1/2009 | See Source »

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