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...most important issue is cutting Detroit's output to an appropriate level. "What we would tell a client who went from 30% to 20% [share] and they say, 'We're modeling now at 20%,' I'd say, 'Let's model it at 16%,'" says Conway. Scaling below capacity doesn't mean you give up on 20% or even 22% share - you can add shifts, for instance, to boost output...
...Motherless Children Thank you for highlighting the sad truth about the growing exodus of mothers from the Philippines [Nov. 24]. To many of us, it seems an irreversible phenomenon. Most overseas workers will tell you they had no choice but to leave. A mother's absence has consequences that are often felt intensely by children but not discussed. It's up to every Filipino - not just those who are compelled to work abroad - to think of ways to advance our society and keep our families together. Joy Posadas, Manila...
...Mother Courage I congratulate TIME Asia for highlighting the sad truth about the growing exodus of mothers from the Philippines [Nov. 24]. To many of us, it seems an irreversible phenomenon - most overseas workers will tell you they had no other choice but to leave and historical data show that the number of Filipino women working overseas surpasses men, pointing to what some have described as a "feminization" of labor. A mother's absence often leads to unspoken psychological consequences that are felt intensely by children. The problem our overseas workers face is a multigenerational one. Life is about making...
Near as I can tell, these guys are all dressed up for battle with no one to fight. Who are these latter-day Hooverites? What prominent economist is out there opposing a stimulus? What politician has said he or she will pass up the opportunity to vote for spending a few hundred billion in a big hurry? Harvard professor Gregory Mankiw, who chaired George W. Bush's Council of Economic Advisers, noted puckishly in the New York Times that he has children, whereas John Maynard Keynes--the intellectual godfather of the idea that government spending can jolt...
...Communion." It may now be moved earlier in the service. Cardinal Francis Arinze, head of the Vatican's liturgical office, said last month that the affectionate gesture is often misunderstood. "It is thought to be a chance to shake hands with friends. Instead it is a way to tell those nearby that the peace of Christ, really present on the altar, is also with...