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What's igniting electronics? The primary factor is price. After Circuit City went out of business earlier this year, you might have thought that Best Buy would use its "last man standing" status to its advantage and hold firm on prices. But other retailers decided they wanted a piece of Circuit City's pie. And to the benefit of holiday shoppers, one of those retailers is Walmart. For example, according to the website TVpredictions.com, Walmart offered a Blu-ray player for $78 on Black Friday, raised the price to more than $100 over the next few weeks and then lowered...

Author: /time Magazine | Title: Consumer Electronics Light Up the Holiday Season | 12/15/2009 | See Source »

...unlike the American Recovery and Reinvestment Act, which many accused of being an agglomeration of pork-barrel projects, Obama’s new proposals have a national focus. They represent efficient use of federal funds to provide much-needed stimulus to an economy that still isn’t back on its feet...

Author: By The Crimson Staff | Title: Smart Stimulus | 12/14/2009 | See Source »

Last Tuesday, President Obama delivered a speech to the Brookings Institute outlining major proposals to promote job growth. These initiatives included small-business tax credits, the use of $200 billion left over from Troubled Assets Relief Program funds to support business hiring, and increased public infrastructure spending. The most novel initiative is a new tax credit to promote energy-efficient homes that will hopefully invigorate the green jobs sector...

Author: By The Crimson Staff | Title: Smart Stimulus | 12/14/2009 | See Source »

However, many of these proposals are funded through money that is already legislated for use, and, given the economic realities of the moment, encouraging job growth is far more important than fiscal prudence. The government should look to break the grip of the recession and reject calls to curb necessary domestic spending...

Author: By The Crimson Staff | Title: Smart Stimulus | 12/14/2009 | See Source »

...battle over Khomeini's legacy, which slowly began in the Islamic Republic months after his death in 1989, is now front and center in Iran's turbulent political environment. And many in the opposition worry that the government may now use the poster-tearing incident to crack down harder...

Author: /time Magazine | Title: Ayatullah Khomeini Returns to Haunt Iranian Politics | 12/14/2009 | See Source »

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