By Rachel Goldfarb, originally posted on Next New Deal.
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Bright Kids, Small City (TAP)
Roosevelt Institute | Pipeline Fellow Nona Willis Aronowitz speaks to Millennials who have chosen to live in Harrisburg, PA on why they are staying in the Rust Belt, reversing a fifty-year trend of young people moving away. A risk-averse approach to money is central to that decision.
Washington Shrugs as Student Loan Rates Double (MSNBC)
Suzy Khimm explains why no one in Congress seems to be doing anything about yesterday's student loan interest rate hike. Congress feels no urgency when the next set of loans won't be taken out until August, so they’re taking a break for the holiday instead.
- Roosevelt Take: While Congress waits, Roosevelt Institute | Campus Network National Field Strategist Joelle Gamble discusses Millennials' suggestions for solving the student debt crisis.
We Must Hate Our Children (Salon)
Joan Walsh can't come up with any other reason that we would accept the idea that incurring massive amounts of debt for school is a necessary part of starting out in life.
Don't Blame Unemployment Insurance for Our Jobs Crisis (The Atlantic)
Matthew O'Brien looks at a study that shows that the labor market is just broken, and collecting unemployment insurance doesn't stop people from looking for jobs. Cutting benefits just keeps people from being able to pay their bills, which doesn't exactly help the economy.
War on the Unemployed (NYT)
Paul Krugman questions why the benefit cuts in North Carolina and other actions against the unemployed aren't getting more attention. Punishing the unemployed won't increase economic growth, which means it won't help anyone get a new job faster.
Non-Union Federally-Contracted Workers Will Stage Second Strike Today (The Nation)
Josh Eidelson continues to report on the strikes organized by Good Jobs Nation to pressure the federal government to raise labor standards for federal contractors. Strikers report violations of minimum wage and overtime laws by contractors who work in federal buildings.
The Truth About Immigration Reform and the Economy (Robert Reich)
Robert Reich counters three myths about how immigration reform will affect the economy. Our economic struggles, both short-term and long-term, could actually be nicely solved by a large increase in young workers paying into the system.