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...bill will provide for aid to states, tax cuts for the "middle class", and money for building infrastructure. No one in the Congressional leadership has argued that this will not create 3.4 million or 3.6 million jobs. The staff members in the House and Senate must be certain about the 3.5 million figure because no one has made an effort to discredit...

Author: /time Magazine | Title: The Math for 3.5 Million Jobs | 2/12/2009 | See Source »

...solar-powered desalination plant, and conservation will keep water use 60% below the norm. The city's centerpiece will be the Masdar Institute, a graduate academy that will churn out new experts in clean energy. The hope is that a pool of educated workers--plus Masdar's favorable tax policies--will draw green companies to the desert, where they will be able to test their ideas in an environmental Utopia. "There is a visionary component to it," says Frank Mastiaux, CEO of climate and renewables for E.ON, a German energy company. "Masdar and Abu Dhabi have set themselves incredibly high...

Author: /time Magazine | Title: Abu Dhabi: An Oil Giant Dreams Green | 2/12/2009 | See Source »

Ideas are flying around Washington. They include tax credits and cheaper mortgages for home buyers as well as leaning on lenders to rewrite mortgage terms for struggling borrowers. But maybe we should ask what, exactly, fixing the housing market means--and prepare ourselves for the limits of what these policies can actually accomplish...

Author: /time Magazine | Title: How to Fix the Housing Market | 2/12/2009 | See Source »

Consider our recent track record. Last July, Congress passed a bill to help the housing market. In an effort to churn demand and stabilize home prices, the bill created a $7,500 tax break for first-time home buyers. It also created a program to prevent foreclosures. Unfortunately, no major lenders signed up. Bottom line: only 25 loans have been rewritten...

Author: /time Magazine | Title: How to Fix the Housing Market | 2/12/2009 | See Source »

...series of strikes called "stay-aways" in 1997 and 1998 against tax increases instituted by Mugabe. That same year, he chaired the National Constitutional Assembly, a nongovernmental organization dedicated to drafting a new constitution for Zimbabwe...

Author: /time Magazine | Title: Morgan Tsvangirai | 2/11/2009 | See Source »

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