In December, Congress is poised for another showdown on the deficit and taxes. If Congress doesn't act, 2013 will mark the end to Bush-era tax cuts that have been in place for a dozen years, and the beginning of automatic cuts to domestic and defense programs that would total $1.2 trillion over 10 years. The Congressional Budget Office says the combination of higher taxes and deep spending cuts could create a 4 percent reduction in economic output, a number big enough to throw the country into another recession.
Originally published on Tue July 31, 2012 12:56 pm
Sartre was wrong. Hell isn't other people. Hell is tourists — specifically, other tourists. When traveling, there's nothing more dispiriting — not exchange rates or dengue season — than coming across a compatriot. Is it because we travel not so much to see how other people live, but to imagine the other lives we might have led? (Me, I'm small and rather rumpled.
Some despair at the idea the world will end in fire or ice. To my mind, given that the earth is our only source of chocolate, it hardly matters how the supply is cut off. I think woe and joy are best addressed with chocolate, whether it is shaped into a kiss or comes from an Ecuadorian plantation.
A poet and editor of BOMB magazine living in Brooklyn, Monica de la Torre was born in Mexico City. Her poem "Olimpicamente" is told in the voice of the Mexican taekwondo champion Maria del Rosario Espinoza, who was born in the village of La Brecha, in the state of Sinaloa, where her father was a fisherman. Though of limited means, her parents supported her passion for taekwondo, and in 2008 Espinoza fought her way to a gold medal in the Beijing Olympics. "I am," says the poet, "dumbfounded and positively moved by Maria del Rosario's improbable story."