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Transportation Secretary Ray LaHood told a congressional panel on Wednesday morning that people should stop driving their Toyotas, then later toned down his comment to a repair advisory. Maybe it's just Washington's new toughness in dealing with Big Business, but LaHood's shot was clearly a sign that respect for the king of cars is no longer in effect...

Author: /time Magazine | Title: Toyota's Flawed Focus on Quantity Over Quality | 2/4/2010 | See Source »

Sure, the authoritarian rulers in Beijing can sometimes implement policies more efficiently than the argumentative democrats of the West. That's exactly why Beijing's recession-busting stimulus plan proved more effective than Washington's. With no political debate to get in the way, China's bureaucrats splashed money everywhere to toss up shiny new infrastructure. The slumping economy needs more credit? Well, that's easy - if you own the banks. Just open a spigot and watch the money flow. China's government can also push ahead on important long-term projects with greater speed. While health care reform...

Author: /time Magazine | Title: What Asia Can Really Teach America | 2/4/2010 | See Source »

...seems domestic basic research is [a priority] and for that were pleasantly surprised,” Casey says after arriving in Washington Monday night to seek lawmakers’ support for Obama’s budget proposal. “We look forward to defending that on the Hill...

Author: By William N. White, CRIMSON STAFF WRITER | Title: Stimulus Becomes a Life Line | 2/4/2010 | See Source »

...China's long, slow return to great-power status is of historic importance and something that will lead to recalibrations of many diplomatic relationships, including that between Washington and Beijing. But as foolish as it would be to ignore this, it's equally foolish to see too much novelty in headline-grabbing stories that fit neatly within established patterns. Chinese officials have expressed outrage before about meetings between foreign leaders and the Dalai Lama. And the Taiwan arms tale follows an even more familiar script. There's nothing new about a U.S. Administration announcing, as Obama's just did, that...

Author: /time Magazine | Title: China and the U.S.: Too Big to Fail | 2/4/2010 | See Source »

...While Washington and Beijing seem very much at odds just now, we shouldn't let their current state blind us to how intertwined they have become, nor to parallels between America's rise at the start of the last century and China's at the start of this one. Whether they like it or realize it, their relationship is truly one thing too big to fail...

Author: /time Magazine | Title: China and the U.S.: Too Big to Fail | 2/4/2010 | See Source »

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