Daily Digest - June 11: Sprint's Big Deal Leaves Customers With Little Choice

Jun 11, 2014Rachel Goldfarb

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Don't Let Sprint Buy T-Mobile (Bloomberg View)

Roosevelt Institute Fellow Susan Crawford says that allowing Sprint to buy its way to a higher share of the cell phone market won't improve service for customers.

Goldman Sachs CEO: “Income Inequality Is A Very Destabilizing Thing In The Country” (Buzzfeed)

Matthew Zeitlin reports on Lloyd Blankfein's CBS interview, in which he said that too much growth has gone to too few people. Zeitlin notes that Blankfein was paid $23 million in 2013.

  • Roosevelt Take: In his white paper for the Roosevelt Institute, William Lazonick looks at how high executive pay destabilizes the economy.

Markets Are Less Volatile. Should We Worry? (NYT)

Even if more stable markets are encouraging investors to take on more risk, Neil Irwin says that the Federal Reserve should stay on its slow-and-steady path.

Cities Are Passing Higher Minimum Wages – and Leaving the Suburbs Further Behind (WaPo)

Emily Badger looks at current debates about cities and suburbs with different minimum wages: how many workers will bring their higher wages home to the suburbs, and will the jobs move out?

Wall Street's Virus Has Infected Your College Debt, and Obama's Doing Zero (The Guardian)

Heidi Moore asks why the President isn't doing anything about private student debt, which has little regulation and could pose a greater threat to the economy than public loans.

The Mental-Health Consequences of Unemployment (The Atlantic)

A new Gallup poll shows that the unemployed have much higher rates of depression than those with jobs, reports Rebecca J. Rosen, and it's easy to see how depression could affect a job search.

New on Next New Deal

Healing the Medical Field: How A Push Against Careers in Medicine Could Push Back on Burnout

Roosevelt Institute | Campus Network Senior Fellow for Health Care Anisha Hegde writes that by speaking out about burnout in their jobs, doctors can create an opportunity for sustainable change.

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