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Economics Daily Digest by the Roosevelt Institute banner

By Rachel Goldfarb, originally posted on Next New Deal

Click here to receive the Daily Digest via email.

Barely Making Ends Meet (All In With Chris Hayes)

Roosevelt Institute Fellow Dorian Warren corrects commonly held misconceptions of the minimum wage. Half of minimum wage workers are over 25, and studies show that increasing the minimum wage will not affect employment.

The ‘Obamacare Is a Job Killer’ Myth (U.S. News & World Report)

Pat Garofalo argues that the employer mandate isn't harming employment, no matter how often the GOP makes that claim. Changes in employment practices would have been noticeable this year, but there has been no increase in part-time employment.

The Depressing Reality of ‘The Recovery’: Americans Aren’t Getting Jobs. They’re Retiring. (WaPo)

Dylan Matthews agrees with the Century Foundation's argument that the decrease in unemployment in the recovery is almost all due to retirement, not job creation. The employment-population ratio, which shows the proportion of working adults, hasn't changed.

Are the Suburbs Where the American Dream Goes to Die? (The Atlantic)

Matthew O'Brien looks at the ties between sprawl, race, and income mobility. He argues that when suburbs sprawl, wealthy, mostly-white suburbanites have little desire to support public goods that help everyone succeed, like mass transit, due to racist fears of blacks in their neighborhoods.

More Americans Living in Others' Homes (WSJ)

Josh Mitchell looks at the increase in so-called missing households, which occur when adults do not own or rent their own homes. A large proportion of this phenomenon can be tied to Millennials who are living with parents, because it's just more affordable.

New on Next New Deal

Where's the Beef?: The First Thing Obama Can Do By Himself to Create Good Jobs

Roosevelt Institute Senior Fellow Richard Kirsch thinks that the President's speech ignored the structural changes that have caused a decline in good jobs. He suggests that Obama could starting by ensuring all federally subcontracted employees get a living wage, via executive order.

Yellen, Summers and Rebuilding After the Fire

Roosevelt Institute Fellow Mike Konczal looks at the important questions to consider in choosing a new Federal Reserve chair, and makes his own recommendation.

Why the Right Doesn’t Really Want Euro-Style Reproductive Health Care

Roosevelt Institute Fellow Andrea Flynn points out that when right-wing pundits call for European-style abortion laws, they're forgetting that those come along with a full range of progressive reproductive health care policies.


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Originally posted to Daily Kos Economics on Thu Jul 25, 2013 at 07:13 AM PDT.

Also republished by Daily Kos.

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