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...list when decisions are made,” Bloomberg said, while lauding his own efforts to raise teacher salaries and increase graduation standards. These changes, according to Bloomberg, have decreased the quitting rate of teachers from 12,000 annually to 5,000 this year. Bloomberg added that his tax hike and controversial smoking ban were other “investments” that had turned out to be “good for the people of New York.” “The public is a lot smarter than we give them credit for, so maybe...

Author: By Angela A. Sun, CRIMSON STAFF WRITER | Title: NYC Mayor Blasts Gridlock | 3/5/2007 | See Source »

Your long-sought minimum-wage bill is stuck in conference, thanks to a debate on the size of small-business tax breaks. What's going on? It's going to get through. The differences are not significant. We're not talking about hundreds of billions of dollars. We're talking about a few billion dollars. It's been 10 years since we've increased the minimum wage, and I want to get this increase to the beneficiaries. I'm convinced we'll get it done within the next two weeks...

Author: /time Magazine | Title: 10 Questions For Ted Kennedy | 3/2/2007 | See Source »

...serve as the basis of an interesting agenda for the G.O.P. nominee. Ross Douthat and Reihan Salam explain in their forthcoming book on "Sam's Club Republicans" how the G.O.P. can do a better job of responding to the anxieties of working and middle-class Americans in areas like tax policy and health insurance, and the Ethics and Public Policy Center's Yuval Levin suggests a complementary policy agenda--"Putting Parents First," he calls it--aimed at those same swing voters. In foreign policy, the U.S. will still be at war in 2008--and despite Bush's travails, Republicans still...

Author: /time Magazine | Title: Why Republicans Are Smiling | 3/2/2007 | See Source »

...donate to the public financing system has decreased from 27.5 percent in 1976 to 9.2 percent in 2004. While this is a shamefully low number, polls have shown that when voters become aware of how easy it is to donate—by checking a box on your tax returns—support for donations increased to roughly 70 percent. The American people, however, cannot be expected to support such a program if the candidates they support are opting...

Author: By Nicholas J. Melvoin | Title: It’s All About the Benjamins | 3/2/2007 | See Source »

...what she calls her "mah-jongg friends," a group that gets together each week to play and chat. Just before the Chinese New Year holiday last month, one of her friends spoke ominously of rumors that China's government was planning a crackdown on stock speculation, including a possible tax on capital gains. Over the past 18 months, Chen's small portfolio had almost doubled in value as the Shanghai market shot straight up. So she decided to pull the plug, suddenly afraid it would all go sour. "I sold everything just before the holiday," she says, and was blithely...

Author: /time Magazine | Title: Fear Factor | 3/1/2007 | See Source »

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