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...knock-out advantage that many had predicted in such a Democratic friendly cycle. Both campaigns long ago admitted that this campaign would come down to the economy, a growing problem for which neither candidate is offering many short-term fixes. Pew pollsters re-released data that showed that about twice as many Americans pick the economy as the most important issue (44 percent) than choose the Iraq war (24 percent). This is almost a complete inversion of the responses last November, when Americans chose the Iraq war (32 percent) at twice the rate as the economy (15 percent...

Author: /time Magazine | Title: The Week in Politics | 7/12/2008 | See Source »

...uncertainty and precariousness are the only constant. The order is given at any moment to pack up and one gets to sleep stretched out anywhere like an animal. Those are the particularly difficult moments for me. My palms sweat, my mind gets foggy, and I end up doing things twice as slowly as normal. The marches are a calvary because my luggage is very heavy and I can't handle...

Author: /time Magazine | Title: Betancourt's Surprise Best Seller | 7/11/2008 | See Source »

...cannabis capital of the world. But a survey published this month in PLoS Medicine, a journal of the Public Library of Science, suggests that the Dutch don't actually experiment with pot as much as one would expect. Despite tougher drug policies in the U.S., Americans were twice as likely to have tried marijuana than the Dutch, according to the survey. In fact, Americans were more likely to have tried marijuana or cocaine than people in any of the 16 other countries, including France, Spain, South Africa, Mexico and Colombia, that the survey covered...

Author: /time Magazine | Title: An American Pastime: Smoking Pot | 7/11/2008 | See Source »

...doing nothing was not a realistic option. Policymakers must fight inflation now in hopes that they can get it under control quickly and promote growth again in the near future. Most central banks in Asia have started raising interest rates. The Reserve Bank of India increased its benchmark rate twice last month to a six-year high of 8.5%. Indonesia's central bank raised its rate for three consecutive months. Governments "have to keep expectations [about inflation] anchored," says Andrew Freris, senior investment strategist for Asia at BNP Paribas Private Banking in Hong Kong. "For the next six to nine...

Author: /time Magazine | Title: Tiger Trap | 7/10/2008 | See Source »

...down on the material will help the environment. Plastic makes up nearly 12% of our trash, up from 1% in 1960. You can literally see the result 1,000 miles (1,600 km) west of San Francisco in the Great Pacific Garbage Patch, a swirling mass of plastic debris twice the size of Texas. The rising cost of petroleum may get plastic manufacturers to come up with incentives for recycling; current rates stand at less than 6% in the U.S. But the best way to reduce your plastic impact on the earth is simply to use less...

Author: /time Magazine | Title: The Truth About Plastic | 7/10/2008 | See Source »

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