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Even those who support the tax credit say that, as with those earlier programs, the percentage of companies collecting the tax break who are hiring because of the job stimulus will be very low. John Bishop, who teaches about human resources at Cornell University and has proposed a job-creation tax-credit plan, says about 80% of any tax credit for new hires would go to companies that would have added workers anyway...

Author: /time Magazine | Title: Obama's Job-Creation Tax Credit: Will It Work? | 1/29/2010 | See Source »

...fact, will contract more than 5% in 2009, exacerbating unemployment as well as Mexico's chronic poverty. A report this year by the Colegio de Mexico, one of the country's top universities, warned, "A national social explosion is knocking at the door." Said top Roman Catholic Bishop Gustavo Rodriguez, "We cannot separate the economic crisis from the violence and criminal crisis that we live...

Author: /time Magazine | Title: Why Mexico Is Anxious About Its Bicentennial | 12/31/2009 | See Source »

...held during the winter months inside the Paul VI auditorium, you simply need to show up early and ask Swiss guards at the famous Bronze Door for tickets. The occasional visits that the Pope makes to local dioceses in Rome (where he also serves as the city's bishop) afford an even closer look...

Author: /time Magazine | Title: Protecting the Pope: Keeping Him Safe But Open | 12/26/2009 | See Source »

...City, described the law as immoral and abhorrent: "It has opened the doors to the perverse possibility that these couples will adopt innocent children and not respect their right to a mother and father with the consequent psychological damaged provoked by this injustice." In the neighboring city of Ecatepec, Bishop Onesimo Cespeda said bluntly that the idea of gay marriage was "stupidity." And Armando Martinez, head of Mexico's Catholic Lawyers College said the law would provoke a backlash against gays that the assembly would be responsible for. "The promoters of this law are promoters of homophobia," he said...

Author: /time Magazine | Title: Mexico City's Revolutionary First: Gay Marriage | 12/24/2009 | See Source »

...during recessions have worked. The 1977 New Jobs Tax Credit was immediately followed by an 11.2 percent rise in employment—a record for the United States at the time. And there’s no reason to believe that it won’t work again. John Bishop, an economics professor at Cornell University, predicts that Obama’s proposal will have great success and increase employment by 2.8 million...

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

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