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Still, the approach remains paradoxical. Our profligacy has gotten us into trouble, and so the response is ... more profligacy? There is no shortage of critics who contend that today's massive government spending is simply laying the foundation of another financial crisis, this one centering on a loss of confidence in Treasuries and the dollar...

Author: /time Magazine | Title: Resolving the Paradox of Thrift | 2/12/2009 | See Source »

...Others contend that the rules attacked freedom of speech. The charge is curious on its face; freedom of speech does not entail state subsidy of speech. But state subsidy of organizations that advocate particular causes can have the appearance of state support. This is exactly one of the problems the Mexico City Policy sought to avoid. The 1994 UN population conference at Cairo asserted the right of all states to determine their own abortion laws; non-intervention in the matter is then surely the safest course for America. But groups like IPPF are actively involved in agitating for changes...

Author: By Roger G. Waite | Title: The Road Down from Mexico City | 2/8/2009 | See Source »

...other fertility doctors contend that reproductive medicine is among the most regulated specialties in the U.S. Clinics have to report to the Centers for Disease Control and Prevention the number of embryos transferred in each IVF cycle--in which sperm and egg are fertilized outside a woman's body then transferred to her uterus--as well as the resulting number of live births. This reporting system was set up to help potential patients assess their chances of having a baby but has evolved into a way to monitor a clinic's number of triplets and higher multiples, who are more...

Author: /time Magazine | Title: The Ethics of Octuplets | 2/5/2009 | See Source »

...jobs because steel is very capital intensive, the study's authors Gary Hufbauer and Jeffrey Schott say. "In the giant U.S. economy, with a labor force of roughly 140 million people, 1,000 jobs or less is a very small number," they wrote. That number, they contend, would be exceeded by the jobs that would then be lost if other countries emulate U.S. policies or retaliate against them...

Author: /time Magazine | Title: Why Europe Is Fuming About the Stimulus Package | 2/5/2009 | See Source »

...billion package, much of it new spending on infrastructure. Wen Jiabao, China's premier, said recently that he expects China to meet its 8% growth target for 2009. Walker, however, is much more skeptical about the government's ability to rescue the economy. "What the government has to contend with is a slowdown in every other sector of the economy," he says. Since the Chinese government accounts for only some 20% of GDP, "how it will make up for a slowdown in the other 80% is beyond...

Author: /time Magazine | Title: Pundit: China's Economic Growth Could Stop | 2/3/2009 | See Source »

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