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CNBC's reaction is colored by its stressed-out day trader's focus on the short term. When ordinary people think about the economy, they think about jobs, college, retirement. Sure, the stock market affects them in the long run - but so do job security and the threat of getting wiped out by health-care bills. When CNBC considers the economy, it means Wall Street's numbers that day, that hour, that minute. CNBC may pay lip service to the long term, but it has the time horizon of a fruit...
...district provides funding to make sure kids don't get left out of sports, field trips, school dances or special projects like the science fair. And when two homeless students at Cityview Performing Arts Magnet won a regional science fair, teacher Pamela Holland-Mills did their laundry so they would have clean clothes for the celebratory dinner...
...Obama can expect that moderates will insert some sturdy leashes on his spending down the road. "There'll definitely be movements by moderate Democrats to impose fiscal responsibility," says Lieberman. "I'm not sure what form it'll take, but we'll start to try to cut back and also put some brakes in place...
...traditionalists push for upper-income tax cuts. The reformers want to cut the payroll taxes paid by the middle class. Traditionalists often deny that global warming is real. Reformers just want to make sure that our answer to it is cost-effective. Traditionalists want to hold the line on government spending. Reformers think it's more important for Republicans to advocate market-friendly solutions to problems such as rising health-care costs and traffic congestion...
...bolted shut. Khan had fled hours earlier after receiving a tip-off. "We had been warned, so I left my house well in time," he told TIME by cell phone from an undisclosed location. "I'm in hiding; I'm moving from place to place. We want to make sure that all of us can make it to Islamabad on the 16th...