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...Vigo in 1958; by 2007, it was manufacturing 547,000 cars a year and had become the company's highest-producing plant in Europe. It was also the largest company in the region of Galicia, directly employing more than 10,000 locals. Those steady, well-paid jobs helped transform what was once a rough-and-tumble port into a pleasant seaside city, complete with manicured boulevards, a contemporary-art museum and plenty of Zara outlets. By 1990, there were enough ambitious young people in Vigo to support a university...

Author: /time Magazine | Title: The Broken Hopes of a Spanish Generation | 7/20/2009 | See Source »

...Obama wants to be a transformative President. To do that, he must transform the terms of debate - and the greatest impediment to change is the nation's crippling, 30-year tax allergy. He cannot finesse this. He needs to take these issues one at a time, make his argument clearly and hope that the public is finally ready for the sacrifices that make real progress possible...

Author: /time Magazine | Title: Obama: Getting Down to the Hard Choices | 7/9/2009 | See Source »

...course, chains don't actually serve those delicacies, but a new website offers the next best thing: teaching budget foodies how to take standard drive-thru fare and slice, strip, mix and otherwise recreate it to look gourmet. Fancy Fast Food offers meticulously detailed, elegantly photographed recipes that can transform, say, a Big Mac Extra Value Meal into "McSteak & Potatoes" (the "potatoes" being the hamburger bun and french fries pureed in a food processor.) The large Coke, of course, gets served in a wine glass. (Read "Fast Food: Would You Like 1,000 Calories with That...

Author: /time Magazine | Title: Fancy Fast Food | 7/2/2009 | See Source »

...expect government intervention on the demand side - through education campaigns, tax incentives or targeted subsidies - to rein in our cravings. But in the energy arena, several states have already proved that rationalizing incentives on the supply side can transform the landscape. In most of the country, per capita electricity use has increased about 50% during the past three decades - despite conservation programs, efficiency incentives and the general rise of green. But in California and the Pacific Northwest, where state legislatures decoupled utility profits from sales volumes, electricity use has been flat. Instead of an incentive to sell more power...

Author: /time Magazine | Title: The Key to Fixing Health Care and Energy: Use Less | 6/29/2009 | See Source »

...year BEA veteran, said the massive convention used to be much bigger not too long ago. Certainly, publishers made several efforts at the conference to tackle technology, print publications’ number-one challenge: Agents ran around trying to find “mobile partners” that could transform their books into apps on your favorite brand of cell phone; BEA itself hosted presentations such as “Book Bloggers—Today’s Buzz Builders” and “Twitter for (Book-Industry) Dummies...

Author: By Nathaniel S. Rakich | Title: Judging an Industry by Its Cover | 6/26/2009 | See Source »

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