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By Rachel Goldfarb, originally published on Next New Deal

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Why Democrats Are Paying Attention to Piketty's Book on Inequality (Real News Network)

Roosevelt Institute Senior Fellow Tom Ferguson suggests Democrats are using Capital in the 21st Century to strengthen their inequality narrative for the midterm elections.

  • Roosevelt Take: Roosevelt Institute President and CEO Felicia Wong says that Piketty and his peers are defining today's debate and opening new opportunities to push back on inequality.

Fast-Food Protests Spread Overseas (NYT)

Steven Greenhouse reports on today's fast food strikes in 150 U.S. cities, the largest yet, and why the organizers are working to build support and influence abroad as well.

The Merits of Participatory Budgeting (AJAM)

Bringing citizens into the decision-making process for local spending empowers them, says Hollie Russon Gilman, and builds their connection to politics more generally.

Paul Ryan's Approach To Poverty Is Straight Out Of The 19th Century (HuffPo)

Arthur Delaney looks at the anti-handout models of fighting poverty from the 1800s, which don't make sense given modern data, and finds strong similarities to Rep. Ryan's views.

The Neediest Americans Are Getting The Least Government Assistance (ThinkProgress)

Bryce Covert looks at forthcoming research that shows that since 1975, social safety net spending has shifted away from the poorest Americans to those who are more well off.

New on Next New Deal

Places for Hope in the Fight to Protect Women's Health and Rights

To push back against the constant barrage of bad news, Roosevelt Institute Fellow Andrea Flynn shines a light on states that are taking proactive, positive steps on women's health.


Originally posted to Daily Kos Economics on Thu May 15, 2014 at 05:06 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  The question is so obvious, yet nobody ever (1+ / 0-)
    Recommended by:
    gulfgal98

    asks them. If government help "spoils" it's citizens and causes them not to try, why don't the countries who do nothing for the poor have the greatest hard working citizens?

    We're fools whether we dance or not, so we might as well dance.

    by PowWowPollock on Thu May 15, 2014 at 05:48:28 AM PDT

    •  maybe they do . . . (1+ / 0-)
      Recommended by:
      Odysseus

      but they are living in poverty so we never hear about them . . . (the lives of the poor being so uninteresting).  

      Except when they jump off the roof of an iPhone factory or burn alive while sewing your Calvin Kleins or die in a coal mine.

      What makes it (or doesn't make it) into the "news" (and how they tell the "story") is probably not the best window on the world . . .

       

      Fake Left, Drive Right . . . not my idea of a Democrat . . .

      by Deward Hastings on Thu May 15, 2014 at 06:18:49 AM PDT

      [ Parent ]

    •  Uh...... my sig............... (0+ / 0-)

      "Stealing kids' lunch money makes them strong and independent." -- after Paul "False Prophet" Ryan

      by waterstreet2013 on Fri May 16, 2014 at 09:45:04 AM PDT

      [ Parent ]

  •  Keep in mind the primary government actions (0+ / 0-)

    since 1980 that transferred income and wealth from the Middle Class to the wealthy:

    -- Ronald Reagan: two rounds of heavily regressive tax cuts

    -- Bill Clinton: cut the capital gains rate from 30% to 15%

    -- Bill Clinton: changed the tax calculation system on "carry interest" income so it would be evaluated at 100% of hedge fund project gains

    -- George W. Bush: two rounds of regressive tax cuts

    Obama has managed to let parts of the Bush43 tax cuts expire. Otherwise, these actions are chewing up the Middle Class apace.

    Estate tax rates have bounced around. Now it's 40% with many exclusions and Obama has a budget prop asking for 45%.

    Cutting the cap gains rate in half -- that's the nastiest of the lot. What a giveaway to the 1%ers !!

    "Stealing kids' lunch money makes them strong and independent." -- after Paul "False Prophet" Ryan

    by waterstreet2013 on Fri May 16, 2014 at 09:43:17 AM PDT

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