Skip to main content

By Tim Price, originally posted on Next New Deal.

Click here to subscribe to the Roosevelt Institute's weekly newsletter.

Click here to receive the Daily Digest via e-mail.

How Paul Ryan Would Decimate the New Deal (The Nation)

Roosevelt Institute Fellow Mike Konczal and NND Editor Bryce Covert explain that by block granting Medicaid, voucherizing Medicare, and privatizing Social Security, Ryan's Path to Prosperity would leave the poor in the Ditch of Don't Give a Damn.

U.S. Income Gap Rose, Sign of Uneven Recovery (NYT)

Sabrina Tavernise reports on the new Census Bureau data that shows middle class earnings fell while the top 5 percent made large gains in 2011. But good news for those on the bottom: things aren't really getting worse; they're just stuck there forever.

Obamacare Is Working (MoJo)

Stephanie Mencimer notes one silver lining from the Census data: four million more people gained health coverage, including many young people who were able to stay on their parents' plan. Yet more reason for older Americans to wish they were 25 again.

Where Have All the Good Jobs Gone? (TNR)

Timothy Noah highlights an EPI report that shows jobs with good pay and benefits have disappeared over the last 30 years while workers have become more productive. So when you roll in at 9:30 and watch cat videos all day, you're just balancing the scales.

Moving Down (Prospect)

Monica Potts notes that Pew research shows Americans becoming more comfortable with admitting they're lower-middle or lower-class and that the American Dream of working hard and living the good life is one that they're starting to wake up from.

The new politics of nostalgia (WaPo)

E.J. Dionne argues that both left and right want to return to the 1950s, but our political debate takes a salad bar approach to that nostalgia: progressives want to load up on the strong unions and shared prosperity, but they're on a no-repression diet.

Moody's in a Mood (Robert Reich)

Reich notes that credit ratings agencies are now threatening us for cutting the deficit too quickly instead of going too slow, and while Goldilocks might have been less picky about her meals and lodging, he argues that they have a point this time around.

Three ways that Democrats would avoid the sequester (WaPo)

Suzy Khimm explains that when Republicans complain that Democrats don't have any plans to avoid steep budget cuts come January, what they mean is that they don't have any plans that Republicans like because they would, you know, raise more money.

Financial Crisis Cost U.S. $12.8 Trillion or More (HuffPo)

Mark Gongloff flags a new Better Markets report that estimates the crisis cost us $12.8 trillion in lost economic growth. That doesn't even account for the price of government intervention and human suffering, the latter of which the banks provided gratis.

Foreclosure Fail: Study Pins Blame on Big Banks (ProPublica)

Paul Kiel looks at a new report that shows about 800,000 homeowners who qualified for modifications were pushed into foreclosure over the last few years by avoidable problems like an overly complex screening process or servicers not caring even a little bit.

Tim Price is Deputy Editor of Next New Deal.

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site