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...billion. Four years later, Beijing budgeted the same amount, $1.6 billion, for the 2008 Summer Games yet spent an enormous $40 billion. London originally planned to spend $8 billion for the 2012 Games; the current estimate is $19 billion and rising. "Once the Games leave town, there often isn't much to celebrate," says Humphreys, noting that host countries nearly always experience a drop in GDP growth in the year after the Games. (See highs and lows from the 2008 Beijing Games...
...news of what turned out to be non-existing restrictions spread around the Web? Blame Wikipedia's fractured organization. Policy decisions are made by a community of volunteers, and the foundation that runs the site isn't always aware of the specific rules that the group might adopt. When told about Wales' narrower view of the new policy, Jay Walsh, a spokesman for the nonprofit, was surprised. "This is the first I've heard of it," he said in an e-mail. Indeed, even the foundation's blog reported that the restrictions would apply broadly to all entries on living...
...isn't just the end of the stimulus that makes 2011 a tough year to call. It will also be the year that all the Bush tax cuts expire. And Harris thinks that if a health-care overall gets passed, that could have significant unforeseen effects on the economy as well. S&P's chief economist, David Wyss, says he thinks most economists are tackling the tricky problem of predicting what will happen in 2011 by doing what they always do: predict the economy will do about average. The problem is that what economists have come to believe is average...
...fill it in. The Senate on Sept. 29 is expected to debate amendments to the 2010 defense appropriations bill that are likely to include everything from timelines for withdrawal of U.S. troops from Afghanistan to proposals to send upwards of 40,000 more. But, unlike health-care reform, this isn't a decision Obama can leave in the hands of the Legislative Branch - however undecided he remains today...
...French view Polanski as an artist and celebrity and feel he deserves a different kind of treatment than ordinary people, which just isn't an option in the U.S.," says Ted Stanger, an author and longtime resident of France who has written extensively on the differing public views and attitudes across the Atlantic. "The French in particular, and Europeans in general, don't understand why it isn't possible for American officials to intervene and say, 'Hey, it's been over 30 years and things look a little different now. Let's just forget this thing.' " (Read "More Sex, Please...