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...chief economist and economic-policy adviser to Vice President Joe Biden. And the stimulus bill that both economists championed became law in mid-February. What has not come to pass, however, is the boom in job creation that Romer and Bernstein predicted. A little over a month ago, the Administration said the stimulus bill had created or saved 150,000 jobs. That's a far cry from the 3 million to 4 million jobs that Romer and Bernstein foresaw back in January...

Author: /time Magazine | Title: Obama's Stimulus Plan: Failing by Its Own Measure | 7/14/2009 | See Source »

...sunset provision will quietly terminate University subsidies for a vaccine preventing genital warts and cervical cancer at the end of the month, ending a program created two years ago only after months of ardent student campaigning...

Author: By Arianna Markel, CRIMSON STAFF WRITER | Title: HPV Vaccine Subsidy To End July 31 | 7/13/2009 | See Source »

...controversy over physician-owned hospitals isn't actually new. Representative Pete Stark, a Democrat from California, began a crusade against doctor conflicts of interest more than two decades ago, and successfully got legislation passed in 1989 that prohibited doctors from, among other things, having a financial stake in labs that performed tests for their patients. The Stark Law, as it became known, has been strengthened over the years to include more facilities and apply to Medicare and Medicaid payments. But the loophole allowing for doctor-owned specialty hospitals has remained open despite repeated attempts to close it. Now that...

Author: /time Magazine | Title: How Health-Care Reform Could Hurt Doctor-Owned Hospitals | 7/13/2009 | See Source »

...concentration of wealth and population density are different from those in the rest of Japan. But dissatisfaction with leadership is running high. Japan is reeling from a jobless rate that has reached a five-year high of 5.2%, and industrial output is down one-third from a year ago. A recent poll conducted by the Yomiuri Shimbun newspaper showed that 41% of Japanese would vote for the DPJ in a general election, while just 24% would cast ballots for the LDP. "Ordinary people are seeking a change of government," says Takao Toshikawa, editor of political newsletter Tokyo Insideline. "I dare...

Author: /time Magazine | Title: Japan's PM Aso Calls for General Election | 7/13/2009 | See Source »

...burned these machines here a couple of days ago as proof we're ready to go all the way," New Fabris employee Daniel Thébault told French news channel i-Télé as he motioned to several heaps of charred metal outside the main building. "We're not going to simply be discarded like worthless objects." (See the worst cars of all time...

Author: /time Magazine | Title: French Workers Facing Layoffs Threaten Explosive Action | 7/13/2009 | See Source »

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