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...wind up doing more of the same. No businessman in his right mind is going to add the long-term liability of a worker simply for the short-term benefit of a tax break. On the other hand, such incentives may accelerate some hiring that would have eventually happened anyway, and that would put more money into consumers' pockets faster. Of course, extra spending and tax cuts contribute to the $1.5 trillion federal deficit, and that drags on the economy. (See "How High Could the U.S. Tax Rate...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...what did all this venting of spleen actually accomplish? Not much. Netanyahu apologized for the timing of the housing announcement, but then the Israelis declared they would proceed with the construction of the new homes in Jerusalem anyway - and even started taking bids for 300 more. The Administration's tough talk may have helped placate some Palestinians who believe the U.S. is too soft on Israel - but it didn't stop several hundred others from staging riots in East Jerusalem. That's not to say that the Obama team is wrong to object to settlement construction in East Jerusalem...

Author: /time Magazine | Title: The U.S.-Israel Spat: Just a Sideshow | 3/18/2010 | See Source »

...often happens on Capitol Hill, the reasoning on both sides is dubious. Many Dems' insistence that the maneuver would help them gain political cover in the 2010 election season doesn't make much sense; it's not as if Republicans won't hammer House Democrats over health reform anyway, even if the Dems didn't technically vote for the more controversial bill. For their part, Republicans have previously used the simple-majority reconciliation process many times to pass legislation, even as they vilify Senate Democrats for trying to use the same procedure to make changes to the health bill they...

Author: /time Magazine | Title: Who's Winning the Message War on Health Care? | 3/17/2010 | See Source »

...thanks to a spelling mistake somewhere in the State Department (presumably the Gimmicks Directorate), Lavrov had to explain that the button actually said overload. It caused some awkward laughter. "We won't let you do that to us," Clinton joked, and they went ahead and pressed the button anyway. "So that's how things have turned out," says Dmitri Rogozin, Russia's envoy to NATO. "They pressed the wrong button, and over time the relationship was overloaded. So far the right button still hasn't been pressed." (See pictures of Clinton in Russia...

Author: /time Magazine | Title: U.S.-Russia Relations: In Need of a New Reset | 3/16/2010 | See Source »

...Anyway, it's adults who've made the couple dozen film versions. The Carroll texts are appealing because their vaudeville format - Alice's encounters with a series of outlandish comic creatures - lends itself to brief star turns. W.C. Fields played Humpty Dumpty, Gary Cooper the White Knight and Cary Grant the Mock Turtle in Hollywood's 1933 Alice. Peter Sellers, John Gielgud, Michael Redgrave and Michael Gough helped populate Jonathan Miller's 1966 BBC TV play. Sellers joined other Brit luminaries in a 1972 film of the books...

Author: /time Magazine | Title: Tim Burton's Frabjous Alice | 3/15/2010 | See Source »

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