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By Rachel Goldfarb, originally published on Next New Deal

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The Benefits of Internet Innovation are Hard to Spot in GDP Statistics (The Guardian)

Roosevelt Institute Senior Fellow and Chief Economist Joseph Stiglitz explains why technological innovation has little effect on measurements of economic success, even though most agree that it improves quality of life.

This is What a Job in the U.S.’s New Manufacturing Industry Looks Like (WaPo)

Lydia DePillis profiles one of the rising number of temp workers at factories in Tennessee, for whom the return of manufacturing hasn't meant the return of solid middle-class jobs.

Finding Home: Voices of the Baltimore Housing Mobility Program (The Century Foundation)

Stefanie DeLuca and Jessi Stafford examine the program's successes in moving families from low- to high-opportunity neighborhoods through two families' stories. They suggest this could break the cycle of poverty.

Let Them Eat Dignity (TAP)

Republicans think that accepting government handouts harms the soul, says Paul Waldman – but only if you're poor. No one talks about the lack of dignity in the mortgage interest deduction.

More Evidence That SNAP Caseloads Have Started Falling (Off The Charts)

For the fourth straight month, Dottie Rosenbaum reports, food stamps have dropped compared to the previous year. Critics can stop worrying about out-of-control safety net spending.

Schools Across the Country Offering Universal Free Lunch (MSNBC)

Ned Resnikoff reports on districts adopting community eligibility for school lunch: if over 40 percent of students qualify, then the entire district can get rid of the paperwork and give every student free lunch.

No, Americans Are Not All To Blame for the Financial Crisis (TNR)

Subprime mortgage holders shouldn't be blamed for today's economy, writes Dean Starkman. He places all the fault with Wall Street and the culture of profit above all.

When the 1 Percent Opposes Long-Term Economic Growth (The Week)

Ryan Cooper suggests that the wealthy care about long-term growth only as far as it helps them. When pro-growth policies would probably mean higher inflation, they don't see an urgent need for growth.


Originally posted to Daily Kos Economics on Tue Mar 11, 2014 at 05:07 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  Mel Brooks (0+ / 0-)

    Let them eat cake---Mel Brooks' satire is always right on--it's good to be king.  In Spaceballs, he opens a can of fresh air--symbolizing how the wealthy feel about the future.  If they, and their kids, have enough money, there will be a way to buy fresh air--potable water--healthy food.  Religion was invented to convince the powerful to be nice to the weak--it hasn't worked.  The powerful rape--buy the government--shit, they even buy the clerics.  Perspective is important--the rich and the powerful don't fear the future, they assume they can pay for remedies.  They can be taxed to be responsible, won't happen.

    Actions speak louder than petitions.

    by melvynny on Tue Mar 11, 2014 at 08:40:53 PM PDT

  •  Regarding Ryan Cooper's suggestion: (0+ / 0-)

    Paul Krugman has been writing for months in his blog that higher inflation would help the middle class pay down their debt and help the economy grow.  So it stands to reason the wealthy would be against it.

    "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

    by SueDe on Tue Mar 11, 2014 at 09:37:53 PM PDT

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