This Week in the News…

Posted: May 21, 2004 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am

Following are highlights of national news coverage George Mason received during the past week:

Sunday, May 16, The Washington Post

D.C. Region Job Market Has Look Of a Boom

“Economic theory holds that all stimulus helps the economy, leading businesses to expand on their own even after the stimulus goes away. Economists generally think that is happening. But because industries dependent on government stimulus are such a large part of the Washington area economy, the region may benefit less from a private-sector expansion than most places. Stephen S. Fuller, who studies the region’s economy at George Mason University, predicts that government spending will increase at a slower pace this year, and as a result the Washington area economy will grow 4 percent, compared with 4.7 percent nationwide. He predicts a healthy but not extraordinary increase of 50,000 local jobs in 2004.”

Wednesday, May 19, USA Today

U.S. Firms Should Look to Nashville for Lesson in Outsourcing

“This week, for example, Australian airline Qantas announced it will outsource all its information technology work to IBM. Qantas decided it should concentrate on what it does best—airplanes and passengers—and let IBM handle what it does best. It’s similar to a company such as Verizon deciding that lower-end computer programming can be done better and more inexpensively by a firm in India. ‘The real economic phenomenon (behind outsourcing) is specialization, says Russell Roberts, economics professor at George Mason University. ‘It’s recognizing that relying on others for things they do much better than you is productive.'”

Wednesday, May 19, Education Weekly

History Textbooks—U.S. and Foreign—Are Talk of Symposium

“Beyond that, a rift opened. Political philosopher Jean Bethke Elshtain of the University of Chicago expressed concern that textbooks had skewed too much away from political history and political understanding, contributing to citizen ignorance and a decline in civic participation. Government scholar Hugh Heclo of George Mason University in Fairfax, Va., decried the absence of religion from the books—though acknowledging improvement since 2000—and the preference for graphic elements over text.”

Thursday, May 20, Associated Press

Kerry Doesn’t Ask Nader to Bow Out

“Hours later, Nader asserted a rationale for his candidacy in a speech at George Mason University in suburban Virginia, telling an audience of college students that the Democratic Party has lost its convictions and has been losing elections at all levels at a brisk pace. ‘Now they tell us, “Trust us, we’ll try to win this time,”‘ Nader said. ‘The country can’t trust them anymore.’ Nader also spoke with contempt for Bush while sparing Kerry, faulting the president’s ‘messianic militarism’ and accusing him of betraying the country’s social and economic needs for the sake of the war on terrorism.”

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