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When Unpaid Internships are Illegal (MSNBC)
On All In With Chris Hayes, Roosevelt Institute Fellow Dorian Warren discussed the normalization of unpaid internships in all sectors, even government, in response to last week's ruling that Fox Searchlight violated labor laws by not paying interns.
Faces of the Minimum Wage (NYT)
Annie Lowrey profiles six minimum wage workers and their struggle to get by. It’s hard to see what could help these people more than a minimum wage increase, but Republicans in Congress have blocked that option.
Are Long-Term Unemployed Taking Refuge in Disability? (WSJ)
Ben Casselman explains new research that shows few are taking advantage of disability: the law requires that a worker be unable to perform their last profession, and the job market is tight. Going on disability instead of finding a new career isn’t ideal, but it is legal.
BofA Gave Bonuses to Foreclose on Clients, Lawsuit Claims (Bloomberg News)
Hugh Son and David McLaughlin report that former Bank of America employees will provide evidence that the bank intentionally falsified documents related to mortgage modifications and slowed down that process in order to boost their foreclosures.
Chart of the Day: America's 30-Year Project to Make the Rich Even Richer (MoJo)
Kevin Drum looks at a chart from the Economic Policy Institute and the further calculations performed by Andrew Fieldhouse, which shows that thirty years ago, tax policy began to encourage income inequality on a massive scale. Under the 1979 tax code, the gap wouldn’t have grown as fast.
Want to Stop Flu Epidemics? Give Workers Paid Sick Days (Salon)
Katie McDonough says that researchers at the University of Pittsburgh have produced data to corroborate the common-sense assumption that lack of sick days contributes to the spread of infectious disease. One day off is enough to reduce flu infection transmission by 25%.
Great Gatsby Economics are no Party for the Middle Class (WaPo)
E.J. Dionne uses the music industry as an example of how the income inequality we're facing in the U.S. works, and argues that until those in the middle actually have a shot at huge success, our country will suffer..
Fight the Future (NYT)
Paul Krugman wants to stop focusing on the "long-run fiscal sustainability" of our economy, because we have no idea what the future will look like. Getting rid of sequestration and focusing on the short-term problem of mass unemployment is more important today.