Skip to main content

Economics Daily Digest by the Roosevelt Institute banner

By Rachel Goldfarb, originally published on Next New Deal

Click here to receive the Daily Digest via email.

The Recession’s Effect on Job Churn (St. Louis Fed)

David Wiczer cites Roosevelt Institute Fellow Mike Konczal's writing on the decline of job-to-job transitions and agrees that workers staying put highlights a weakness in the job market.

  • Roosevelt Take: Mike argues that the struggles employed people face in finding work can tell us as much about the economy as the struggles of the unemployed.

Eric Holder, Michelle Obama talk about racism (The Last Word with Lawrence O'Donnell)

Roosevelt Institute Fellow Dorian Warren says Holder and Obama's speeches on the 60th anniversary of Brown v. Board show the need for both policy and social change to fight racism.

Americans Owe $1.2 Trillion in Student Loans, Surpassing Credit Card and Auto Loan Debt Totals (NY Daily News)

As Senate Democrats prepare a bill that will allow student loans to be refinanced, Dan Friedman speaks to young people who feel their debt prevents their next steps forward.

  • Roosevelt Take: The Roosevelt Institute | Campus Network report "A New Deal for Students" lays out student-crafted policy proposals for solving the student debt crisis.

Thomas Piketty and the End of Our Peaceful Coexistence With Inequality (The Atlantic)

Moisés Naím looks at the rise of the "Piketty effect," which describes how the discussion of inequality and wealth spreads beyond academics into people's daily lives.

Here's The Painful Truth About What It Means To Be 'Working Poor' In America (HuffPo)

Nick Wing and Carly Schwartz introduce a new Huffington Post series on the working poor with quotes from many such workers that lay out the harsh realities they face.

Mortgage, Home-Equity Woes Linger (WSJ)

Underwater mortgages are still holding back the housing market, writes Conor Dougherty. When homeowners can't leave, inexpensive houses don't enter the market.

Credit Suisse Pleads Guilty in Felony Case (NYT)

Ben Protess and Jessica Silver-Greenberg report that this is the first time in two decades that a bank has pled guilty on criminal charges, in this case conspiring to aid tax evasion.

Originally posted to Daily Kos Economics on Tue May 20, 2014 at 05:00 AM PDT.

Also republished by Daily Kos.

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