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The economic stimulus package should be in full force by the summer. Companies that build roads, public structures like schools, and infrastructure projects are supposed be getting contracts for tens of billions of dollars in new projects. Out-of-work construction crews will be called back to work. The building...

Author: /time Magazine | Title: The Economy Moves to the Waiting Room | 5/11/2009 | See Source »

The tax consequences of these problems at the top of the housing market cannot be underestimated. Congress and the Administration have decided to push more of the tax burden to the high end of the income brackets. Whether this is morally or economically defensible won't matter much if the...

Author: /time Magazine | Title: During a Recession, Being Rich Loses Its Luster | 5/8/2009 | See Source »

Hannity, Sean •idiotically huge fuss is made by about Obama's preference for Dijon mustard, as if this was now going to make all those crazy tens of millions of Americans who like him suddenly realize that he's a contemptibly effete snob - why, he's practically French, he...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 5/8/2009 | See Source »

Foreign aid is critical to Sri Lanka as it struggles to set up camps with decent food, water and sanitation for tens of thousands of refugees. It will be even more important as the country tries to rebuild the north after nearly 30 years of war. Spending on military pay...

Author: /time Magazine | Title: Behind Colombo's P.R. Battle Against the Tamil Tigers | 5/6/2009 | See Source »

Delivery of Nanos will begin in July, but because of manufacturing constraints, tens of thousands of buyers could have to wait more than a year before their cars are built. The company has committed to producing cars for the first 100,000 owners, who will be selected through a lottery...

Author: /time Magazine | Title: Indian Car Buyers Snap Up the Nano | 5/6/2009 | See Source »

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