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...beginning to wonder if anyone reads basic economics anymore. It has been widely understood for centuries that government does not create wealth; it merely redistributes it. The stimulus plan can be summarized as follows: we are going to borrow a trillion dollars from foreigners and spend it on a mile-long list of pork-barrel projects that we don't immediately need (or else we would have found another way to pay for them) and hope this gets us out of the recession. Stimulus won't solve the fundamental economic problems of this country: decades of low savings coupled with...

Author: /time Magazine | Title: Inbox | 2/5/2009 | See Source »

...supergroup The New Pornographers, Carl “A.C.” Newman has been one of the most consistently inventive and thrilling songwriters of this decade. However, the peak of his career so far may well be his lesser-known 2004 solo record, “The Slow Wonder.” Featuring supremely catchy indie-pop stomps alongside more introspective tracks, it proved that Newman could write personal and meaningful music that didn’t simply fulfill the power-pop template so successfully adopted by The New Pornographers. The triumph of “The Slow Wonder...

Author: By Chris R. Kingston, CRIMSON STAFF WRITER | Title: A.C. Newman | 2/5/2009 | See Source »

...blanketing mountains with snow. In the state of Victoria, in the southeastern corner of the mainland, the number of sunny hours a day dropped from the normal 8.3 to a mere seven. "Where has our summer gone," moaned a newspaper report, while some readers commented that it made you wonder if global warming was real...

Author: /time Magazine | Title: Record Heat Wave Hits Australia | 2/2/2009 | See Source »

...watching the "narrow interests" stomp around the emergency room and the unpleasant decisions are watching from the sidelines, waiting for their cue. It is easy to dismiss the unanimous Republican opposition to the House version of the stimulus bill as bitter, clueless obstructionism. But I can't help but wonder at the gap between the aggressively sensible things Obama is saying and the passive way that he is acting. And you get a sense that a lot of people in the audience, the experts and economists as well as the worried working classes, are starting to wonder as well...

Author: /time Magazine | Title: Obama's First Test: Stimulus Today, Change Tomorrow | 2/1/2009 | See Source »

...Harvard’s the richest place around here,” Melin said. “If they can’t even afford the coffee, it makes us wonder, you know...

Author: By Shan Wang, CRIMSON STAFF WRITER | Title: Barker Center Ends Free Coffee Program | 1/30/2009 | See Source »

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