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...average unemployment rate of 10.3% for 2009. However, at the current pace unemployment is more likely to hit the 11% mark. On a quarterly basis, the rate of unemployment is already well beyond the levels assumed by the adverse scenario for the end of the first quarter of 2009. Similar considerations apply to U.S. real GDP and home prices. (Read about the top 10 bankruptcies...

Author: /time Magazine | Title: What the Stress Tests Didn't Tell Us | 5/8/2009 | See Source »

...launch, more than 20 bikes had already been taken out. “It’s already popular in Europe, Portland, and Washington, D.C. And the city of Boston is planning to implement [a bike-sharing program]. I think it’s great to see Harvard taking similar action,” says Ellen M. McDonough ’09. But why bikes? David W. McCahill ’09, who works for Quad Bikes, a non-profit bicycle shop that seeks to raise the consciousness of the Harvard community about bike riding, was responsible for constructing...

Author: By Laura C. Schaffer, CRIMSON STAFF WRITER | Title: Pedaling VeriFast | 5/7/2009 | See Source »

...Fifteen years later, Roiphe’s criticisms still ring true. At Harvard, administrators who have attempted to inject a similar dose of reality into the sexual violence debate have been ridiculed. As noted by Sahil K. Mahtani ’08, a seemingly anomalous one-time poster to MenSpeakUp.org, when former College Dean Harry R. Lewis ’68 encouraged female undergraduates to walk with companions late at night, he was accused of “blaming the victim...

Author: By Lucy M. Caldwell | Title: Talk We Don’t Need | 5/7/2009 | See Source »

...comes to health care. Nearly 40 years ago, Richard Nixon proposed a universal system in which employers would be required to pay for their employees' coverage, but Democrats blocked it because they favored a government-run single-payer system. Twenty years later, Bill and Hillary Clinton proposed a system similar to Nixon's - but failed to bring aboard moderate Republicans, who favored a universal system based on requiring individuals rather than employers to participate. In the 2008 campaign, Obama and Hillary Clinton proposed plans that looked very much like the 1993 Republican scheme - do you detect a pattern here...

Author: /time Magazine | Title: The Fire This Time: Is This Health Care's Moment? | 5/7/2009 | See Source »

...same rate, regardless of pre-existing condition. (There are caveats: the details of health insurance are devilish, and pitched battles are fought over arcana too obscure to cover in this space.) But more-liberal Democrats have decided to press the issue. They have proposed a "public" health-insurance option, similar to Medicare. They argue, correctly, that the profits made by insurance companies are a good part of what makes health care so expensive in the U.S. and that a public option is needed to keep the insurers honest. Needless to say, the insurers are vehemently opposed to this and will...

Author: /time Magazine | Title: The Fire This Time: Is This Health Care's Moment? | 5/7/2009 | See Source »

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