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...contributions McCain's campaign received from the same sector. Traditionally, GOP candidates - who tend to favor higher military spending than their Democratic rivals - receive more donations from defense-company political action committees and employees. You might expect the tilt in McCain's favor to be even steeper than normal, given his 23-year Navy career - including nearly six in a Hanoi prison. Add to that the fact that his father and grandfather both served as Navy admirals, and his extensive service on the armed services committee. Not to mention the fact that Obama has no military background...

Author: /time Magazine | Title: Obama Beats McCain in Defense Contributions | 10/31/2008 | See Source »

...Economics professor Benjamin M. Friedman ’66, for example, noted that had economists seen the future in early 2007, “they almost certainly would have forecast a steeper downturn, with many more layoffs.” That is a striking insight. It is unpopular to say that the U.S. economy is resilient when firms are failing, but what story is told by the facts? Unemployment now exceeds 6 percent in the United States but it declined by 159,000 in September. In France, for example, the unemployment rate was nine percent (or more) in nine...

Author: By Jan Zilinsky | Title: Lessons from the Financial Crisis | 10/7/2008 | See Source »

...products. The so-called picnic tax of 58 per lb. ($1.29 per kg), part of an effort to curtail waste, may be extended to cover other household items like washing machines, refrigerators and televisions. The nation has a similar system in place for cars, whereby heavily polluting vehicles pay steeper taxes...

Author: /time Magazine | Title: The World | 9/18/2008 | See Source »

...uncover "the causes of the causes." It sets out not to cure diabetes or crack down on violence, but to pinpoint the social factors that make the more poorly likely to suffer, and this "gradient," or the degree to which different groups are unequal in health, is far steeper in the U.S. than in most other industrialized countries. One reason, according to commissioner David Satcher, a former U.S. Surgeon General, may be that the U.S. comprises a more diverse population than other places, mixing a high proportion of recent immigrants with long-time American dwellers, which makes...

Author: /time Magazine | Title: Narrowing World Health Disparities | 8/28/2008 | See Source »

...iPhone, which went on sale in July, supports Microsoft Exchange--the industry standard for synching corporate e-mail, calendars, contacts and so on--Apple is pitching its phone to business users as well as to consumers. So, aside from cost--AT&T's rates for the iPhone are way steeper--how does it compare with my old workaday BlackBerry...

Author: /time Magazine | Title: Working on the iPhone | 8/28/2008 | See Source »

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