Skip to main content

Economics Daily Digest by the Roosevelt Institute banner

By Tim Price, originally published on Next New Deal

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

The Dis-Uniting of America (Robert Reich)

Reich writes that while Americans still demonstrate their ability to come together and help one another when a sudden tragedy strikes, as it did in Boston, prolonged economic misery and soaring childhood poverty don't seem to set off the same alarm bells for us.

Are the Good Jobs Gone? (NYT)

Thomas Edsall reviews the debate about whether government policy can bring back disappearing middle-class jobs and argues that while President Obama may not have a New Deal in him, he might at least be able get the wheels of progress unstuck from the mud.

Is the successor to manufacturing jobs... manufacturing? (WaPo)

Jim Tankersley notes that the Obama administration is launching a small pilot program to provide grants to communities that develop a strategy for creating a local manufacturing renaissance. Suggested program title: the We've Got Nothing, But Maybe You Do? Fund.

Republicans Accuse Labor Nominee of Fighting for Civil Rights (CAF)

Dave Johnson looks at the GOP's effort to sink Thomas Perez's nomination by exposing the dark secrets of his time with the Justice Department, like how he tried to avoid giving the Roberts Court an excuse to strike down civil rights laws with a Slumlords United case.

Why Republicans Suddenly Became Afraid of Their Own Budget Shadow (TPM)

Brian Beutler notes that Republicans spent four years demanding that Senate Democrats produce a budget, but now that they got what they asked for, they're reluctant to move forward with the process until they're sure they won't have to accept anything in it.

Regulatory Rockstar (TNR)

Elizabeth Warren may be new to the Senate, but she's not your typical back-bencher. Jeff Connaughton writes that by using her seat on the Senate Banking Committee to subject hapless regulators to ritual flaying, she may just scare them into doing their jobs.

Foreclosure Settlement Checks Bounce in Latest Setback for Troubled Program (HuffPo)

As if it weren't embarrassing enough that the average payout for a wrongful foreclosure is roughly $20 and a coupon for half off your next purchase at Target, Ben Hallman notes that some of the first recipients weren't even able to cash the checks they received.

Forever Blowing Bubbles (ProPublica)

Jesse Eisinger writes that despite the Fed's efforts to jumpstart the economy with extraordinary monetary policy, those efforts don't seem to be helping the average American as much as they're encouraging speculators to drop some money on the roulette wheel.

Tim Price is Editor of Next New Deal. Follow him on Twitter @txprice.

Originally posted to Daily Kos Economics on Thu Apr 18, 2013 at 06:57 AM PDT.

Also republished by Daily Kos.

EMAIL TO A FRIEND X
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