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Leaders in the early Republic had it easier. The work of taming a continent provided every American who wanted one with a full-time job and drew settlers from oceans away. Laws like the Homestead Act of 1862 - which granted any man or woman up to 160 acres of public land if they pledged to cultivate it for five years - tapped into the frontier spirit, providing work opportunities for even the most down-and-out Americans. As more and more members of the workforce began laboring in factories in the 19th century, however, society grew more polarized and new technology...

Author: /time Magazine | Title: Unemployment | 11/24/2009 | See Source »

Still, President Franklin Roosevelt - who rode into office on a platform of deficit reduction - initially hedged his bets, taking stabs at public-works projects and farm subsidies while also rolling out balanced-budget initiatives. When a British economist visited the White House in 1934 saying deficit spending was the best engine to boost consumer demand and create jobs, Roosevelt balked. (Two years later, the economist - John Maynard Keynes - published that advice in his seminal work, The General Theory of Employment, Interest and Money, which revolutionized economic thought by debunking the widely held belief that the market naturally tends toward full...

Author: /time Magazine | Title: Unemployment | 11/24/2009 | See Source »

...Ukraine, where the media provide breathless daily updates during the weeklong competition to select the country's finalist, politicians have tapped into that symbolism, too. Earlier this month, Prime Minister Yulia Tymoshenko banned all public gatherings for several weeks, supposedly to slow the spread of swine flu. But when it came to Junior Eurovision, she decided that the show had to go on - if only so she could be photographed with the children ahead of January's presidential election. During the final on Saturday night, Tymoshenko took to the stage to thank all of the children for putting...

Author: /time Magazine | Title: Junior Eurovision: Schoolyard Crushes with Glitter | 11/23/2009 | See Source »

Ahmed easily exploited the gaping holes in the fabric of India's public safety - flaws that still exist a year after the attacks. According to his statement to police, Ahmed paid an acquaintance Rs. 50,000 (about $1,000) to buy admission to a college in Bangalore, and used his student ID to allay police suspicions while he was crossing from Kashmir to Bangalore - even as he was bringing a cache of weapons in by train. When he ran out of money, his handlers arranged to have funds sent to him through India's unregulated network of cash-transfer...

Author: /time Magazine | Title: India Still a Soft Terror Target a Year After Mumbai | 11/23/2009 | See Source »

Given the size of the Indian bureaucracy, with 18 million public employees serving more than a billion people, "you can never create a foolproof system," says Ajay Behera, an assistant professor at Jamia Millia Islamia who has written extensively about regional security. But in such a porous system, he says, a small group of relatively uneducated people can organize a major operation. "Almost anyone can do anything here," Behera says. "It doesn't require that high a level of sophistication...

Author: /time Magazine | Title: India Still a Soft Terror Target a Year After Mumbai | 11/23/2009 | See Source »

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