• Daily Digest - April 22: Tax Reform Can Close the Gulf Between CEOs and Workers

    Apr 22, 2014Rachel Goldfarb

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    Raising Taxes on Corporations that Pay Their CEOs Royally and Treat Their Workers Like Serfs (Robert Reich)

    Robert Reich explains a proposed bill in California that would incentivize lower executive pay by tying corporate tax rates to the ratio of CEO pay to typical workers' pay.

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    Raising Taxes on Corporations that Pay Their CEOs Royally and Treat Their Workers Like Serfs (Robert Reich)

    Robert Reich explains a proposed bill in California that would incentivize lower executive pay by tying corporate tax rates to the ratio of CEO pay to typical workers' pay.

    Justice Stevens Suggests Solution for ‘Giant Step in the Wrong Direction’ (NYT)

    Adam Liptak speaks with retired Supreme Court Justice John Paul Stevens, who is calling for a constitutional amendment to overturn Citizens United and allow reasonable limits on campaign finance.

    • Roosevelt Take: Roosevelt Institute | Campus Network Student Board of Advisors Chair Jeff Raines explains why McCutcheon v. FEC makes big money's power over politics even worse.

    A Chance to Remake the Fed (TAP)

    With two open slots on the Federal Reserve, David Dayen suggests that progressives should support regulators who will serve as Main Street's voice on monetary policy.

    Union Will Keep Fighting To Organize Volkswagen Workers (ThinkProgress)

    While the United Auto Workers have dropped their appeal of the recent failed union election in Chattanooga, TN, Bryce Covert reports that the union plans to continue organizing at that Volkswagen plant.

    UConn Graduate Assistants First To Unionize In State (Hartford Courant)

    Kathleen Megan reports that the graduate assistants will be represented by the Graduate Employee Union/United Auto Workers. Graduate assistants have organized on over 60 campuses across the country.

    ‘Jobs vs. the Environment’: How to Counter This Divisive Big Lie (The Nation)

    Jeremy Brecher argues that a "Green New Deal" could put people to work rebuilding the country's infrastructure to protect the environment, ending the supposed conflict between environmental movements and labor.

    Not Born Rich? Out of Luck (MSNBC)

    Chris Hayes interviews Thomas Piketty about his new book, Capital in the 21st Century, and the trends that have led to rising concentration of wealth in the United States and around the world.

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  • Daily Digest - April 21: In Minimum Wage Fight, Localities May Have Maximum Impact

    Apr 21, 2014Rachel Goldfarb

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    Minimum Wage Debate Goes Local (San Francisco Chronicle)

    Roosevelt Institute Fellow Annette Bernhardt and Ken Jacobs consider why the minimum wage debate has such momentum at a local level. They see this as a return to states and cities being laboratories of policy innovation.

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    Minimum Wage Debate Goes Local (San Francisco Chronicle)

    Roosevelt Institute Fellow Annette Bernhardt and Ken Jacobs consider why the minimum wage debate has such momentum at a local level. They see this as a return to states and cities being laboratories of policy innovation.

    The Link Between One Website and Hate Crimes (Melissa Harris Perry)

    In a discussion on domestic terror and hate, Roosevelt Institute Fellow Dorian Warren suggests that the way we live, segregated by race and class, makes it even harder for Americans to embrace difference.

    The Biggest Predictor of How Long You’ll Be Unemployed Is When You Lose Your Job (Five Thirty Eight)

    Ben Casselman finds that the unemployment rate at the time when a worker loses her job is the strongest indicator of whether she will end up among the long-term unemployed.

    • Roosevelt Take: Roosevelt Institute Fellow Mike Konczal builds on this data to explain why the long-term unemployed aren't necessarily weak employees.

    Student Debt Holds Back Many Would-Be Home Buyers (LA Times)

    The share of first-time home buyers has dropped. Tim Logan ties that to the vast increase in student loans over the past decade, which hinders would-be buyers from getting mortgages.

    How Payday Lenders Prey Upon the Poor — and the Courts Don’t Help (NYT)

    Since AT&T Mobility v. Concepcion, which limited class action lawsuits, people trapped in cycles of predatory payday lending have even fewer routes out, writes Emily Bazelon.

    Beyond the Laffer Curve — The Case for Confiscatory Taxation (Vox)

    Matt Yglesias notes that many of our taxes aim at changing behavior, not increasing revenue. Perhaps higher taxes on inheritances or very big salaries could discourage the economic activity that promotes inequality.

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  • Daily Digest - April 18: Inequality Was Not an Accident

    Apr 18, 2014Rachel Goldfarb

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    We Built This Country on Inequality (The Nation)

    Mychal Denzel Smith writes that the U.S. economy was built on a foundation of inequality for women and racial minorities, and that we must fight racism and sexism if we hope to close the wealth gap.

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    We Built This Country on Inequality (The Nation)

    Mychal Denzel Smith writes that the U.S. economy was built on a foundation of inequality for women and racial minorities, and that we must fight racism and sexism if we hope to close the wealth gap.

    Oklahoma Governor Signs Law Barring Cities From Raising Minimum Wage (AJAM)

    The Oklahoma law also bars cities from requiring paid sick leave or vacation time, reports Amel Ahmed. This seems intended to preempt a push for a state-level minimum wage increase, as in California and Maryland.

    Treat Wage Theft as a Criminal Offense (WaPo)

    Catherine Rampell asks why the consequences for stealing thousands from workers' paychecks are so much less severe than the consequences of stealing from someone's home.

    Obamacare Succeeded for One Simple Reason: It's Horrible to be Uninsured (Vox)

    Sarah Kliff says the eight million sign-ups are proof that insured pundits didn't understand how desperate the uninsured and underinsured were to get health insurance.

    Antitrust in the New Gilded Age (Robert Reich)

    Robert Reich suggests that today's concentrated wealth resembles the Gilded Age, right down to the need to break up too-large corporations. He cites the pending Comcast-Time Warner merger as a troubling example.

    New on Next New Deal

    Not Just the Long-Term Unemployed: Those Unemployed Zero Weeks Are Struggling to Find Jobs

    Roosevelt Institute Fellow Mike Konczal looks at the data on those who move from one employer directly to another, without any unemployment. When even those workers struggle on the job market, wage growth slows.

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  • Daily Digest - April 17: How Democracy Became a Luxury Good

    Apr 17, 2014Rachel Goldfarb

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    Government by the Few (All In with Chris Hayes)

    Roosevelt Institute Fellow Dorian Warren notes that we now have social science data that proves Occupy was right: our democracy is dominated by the wealthiest Americans.

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    Government by the Few (All In with Chris Hayes)

    Roosevelt Institute Fellow Dorian Warren notes that we now have social science data that proves Occupy was right: our democracy is dominated by the wealthiest Americans.

    Happy Tax Day (The New Yorker)

    Benjamin Soskis examines America's esteem for charitable donors over taxpayers, drawing on Roosevelt Institute Fellow Mike Konczal's piece on the "voluntarism fantasy."

    Millennial Perspective: Title X is Vital, Efficient, and Largely Unknown (National Priorities Project)

    Tarsi Dunlop argues that Millennials should advocate for Title X, the nation's only federally funded family planning program, because of its massive impact on the lives of low-income women.

    • Roosevelt Take: Tarsi uses data from Roosevelt Institute Fellow Andrea Flynn's white paper, "The Title X Factor: Why the Health of America's Women Depends on More Funding for Family Planning."

    Bill de Blasio’s Great Experiment (The Nation)

    Jarrett Murphy looks at the New York City mayor's first 100 days, and finds that de Blasio is sticking to the progressive policies he proposed on the campaign. Unfortunately, the forces against him are strong.

    Obama's Job-Training Unicorn: It's Time for Some New Ideas Already (The Guardian)

    Pushing the same kind of job training programs isn't making any dent in the unemployment crisis, says Heidi Moore. She wants Congress to try something new, whether that's infrastructure fixes or direct hiring.

    • Roosevelt Take: A Roosevelt Institute report released last week, "A Bold Approach to the Jobs Emergency: 15 Ways We Can Create Good Jobs in America Today," provides more suggestions for government solutions.

    New York Lawmakers Push to Raise Wages at Biggest Chains (NYT)

    Kate Taylor reports that a group of New York City-based Democrats has proposed a bill to mandate a $15-an-hour minimum wage for employees of businesses with $50 million or more in annual sales.

    The Toughest Cop on Wall Street You've Never Heard Of (TNR)

    Benjamin Lawsky at the New York Department of Financial Services is pushing stricter penalties on banks, and David Dayen says that could push federal regulators to toughen up.

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