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By Rachel Goldfarb, originally published on Next New Deal

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Who Would Benefit From a Minimum Wage Hike? (Your Call Radio)

The aggregate effects of a minimum wage increase wouldn't lead to job losses, says Roosevelt Institute Fellow Mike Konczal, and it's the easiest way to boost our economy.

Now That Boehner Has Backed Down, Let's Fix The Debt Ceiling For Good (TNR)

Since the House GOP has approved a clean debt limit increase, Eric Posner argues it's time to pass legislation that would end this game of chicken over the national debt forever.

Yellen Sets a Familiar Direction for the Fed (NYT)

Binyamin Appelbaum reports that the new Fed chair's testimony to the House Financial Services Committee emphasized that many policies will remain the same under her leadership.

What Do the Jobless Do When the Benefits End? (WaPo)

Ylan Mui interviews people about how they're getting by, and since none of her subjects have full-time work, the GOP theory that benefits keep people from taking jobs seems unlikely.

Why Democrats Will Win on Unemployment Insurance (The Atlantic)

Sarah Mimms writes that the Democrats will come out on top whether they get an extension on unemployment insurance or not. No extension? Then there's the campaign message for 2014.

Responsible Contractors Only: How to Ensure Obama‚Äôs Minimum Wage Order Is Enforced (PolicyShop)

Building a "responsible contractor" enforcement mechanism into his executive order will help the president to ensure workers actually get the raise he called for, writes Amy Traub.

Anatomy of a Hunger Crisis (MSNBC)

New York City's food pantries are already unable to handle the needs of the city's hungry, according to Ned Resnikoff, and the president has just signed another round of cuts to food stamps.

New on Next New Deal

The Three Big Questions Janet Yellen Should Answer in Today's Testimony

With the new Fed chair delivering her first testimony to Congress this week, Roosevelt Institute Fellow Mike Konczal lays out what we need to know about her views on the taper, financial reform, and unemployment.

Originally posted to Daily Kos Economics on Wed Feb 12, 2014 at 08:33 AM PST.

Also republished by Daily Kos.

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Comment Preferences

  •  Higher pay won't hurt workers (1+ / 0-)
    Recommended by:
    Calamity Jean

    Thank you Captain Obvious.

    If I was a communist, rich men would fear me...And the opposite applies. The history of all hitherto existing society is the history of class struggles.

    by stewarjt on Wed Feb 12, 2014 at 08:05:56 PM PST

  •  IF there were a real opposition party instead (0+ / 0-)

    of a near-dead GOP, unemployment benefits would be a knife through Democrats' hearts.

    Not for providing them -- for God's sake, no.  The sin of Democrats was waiting so long to make employment a top priority, for being in charge at a time (and that is all it takes sometimes) when such extended benefits were needed.

    The GOP seems constitutionally incapable of understanding the human heart and its link to the mind. People who are getting by have compassion for those who are not, especially when it's not their fault.  People who are getting by worry that things could change and they would be relying on benefits.

    An actual opposition party would be hammering jobs jobs jobs jobs jobs.

    It wouldn't turn its back on immigration. It would push for rational immigration reform that absolutely hammered employers who hired illegal immigrants who increasingly come from countries other than Mexico and would never venture close enough to a BIG DAMNED FENCE to laugh at it.

    It would object to the government subsidizing the Wal-Marts of this world by providing benefits to employees who are paid wages that can't support them.

    It would raise hell over the way ACA discriminates against Union not-for-profit health insurance plans.

    In short, it would be practical and thoughtful in a way the GOP cannot be.

    In the absence of such a party, however, it's enough that Democrats are willing to help out the victims of the mess we're in.

    LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

    by dinotrac on Wed Feb 12, 2014 at 08:27:59 PM PST

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