Daily Digest - June 13: With Soaring Pay, CEOs Rise to the Top of the 1 Percent

Jun 13, 2014Rachel Goldfarb

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CEO Pay Up by 937% Since 1978. That of the Typical Worker? 10.2% (AJAM)

Peter Moskowitz looks at a new study from the Economic Policy Institute, which finds that CEO pay is even outstripping the earnings of other members of the top 0.1 percent.

  • Roosevelt Take: In his new white paper, William Lazonick explains how the explosive growth of CEO pay destabilizes the economy.

U.S. Struggles to Draw Young, Savvy Staff (WSJ)

Officials worry about government's ability to succeed in a digital world when the percentage of its employees younger than 30 has hit an eight-year low, writes Rachel Feintzeig.

How Justice Scalia Could Become the Savior of Public Employee Unions (LA Times)

Michael Hiltzik says the reliably conservative Supreme Court Justice's past statements on public sector unions show that he could be the key vote for unions in Harris v. Quinn.

The Damage of Poverty is Visible as Early as Kindergarten (Vox)

Danielle Kurtzleben writes about new research that shows an achievement gap between poor, near-poor, and middle-class kindergarteners, which can have lifelong consequences.

How Women Are Shaping the Labor Movement and Winning Big (The Nation)

Dani McClain speaks to Sheila Bapat about her new book on the rise of organizing among domestic workers, who are excluded from many basic labor protections.

Remember the Problems With Mortgage Defaults? They’re Coming Back With Student Loans (NYT)

Susan Dynarski draws parallels between the mortgage crisis and student debt, with particular concerns about loan servicers who have little incentive to prevent default.

New on Next New Deal

Teachers and Tutors Can't Fix All of Low-Income Students' Problems

Summer Academy Fellow Casey McQuillan explains how public policy failures that held back the students he tutored led him to the Campus Network.

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