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Helping the Economic Climate (U.S. News & World Report)
David Brodwin disagrees with those who argue that we cannot "afford" to fight climate change. There are immense money-saving options built into climate change plans, and a broad-based carbon tax could be the best solution.
- Roosevelt Take: Former EPA Administrator Lisa P. Jackson was honored at this month's Roosevelt Institute Distinguished Public Service Awards for her work on climate change in the Obama Administration. Watch our video honoring her here.
Grayson Announces Bill to Let Workers Personally Sue Bosses Who Retaliate (The Nation)
Josh Eidelson explains how Congressman Grayson's bill addresses weaknesses in the National Labor Relations Act, expanding workers' legal recourse to include civil cases against the individual instead of the corporation and significantly increasing related fines.
Employers Still Dodging Minimum Wage Law 75 Years After Its Passage (HuffPo)
According to Saki Knafo, 26% of low-wage workers report being paid less than minimum wage, and 76% report being denied overtime pay, primarily due to incorrect classification as contractors. These violations are so widespread that the Department of Labor can't handle all the cases.
The Best Argument for Studying English? The Employment Numbers (The Atlantic)
Jordan Weissmann suggests that people are too hard on humanities majors when they say such degrees are useless for finding a job, because English and history majors have unemployment rates that are on-par with other fields that are not pre-professional.
Paul Ryan Focusing More on Hurting the Poor (NY Mag)
Jonathan Chait lays out Paul Ryan's strategy for poverty these days: cutting benefits wherever possible. Ryan seems to think that the best way to help the un- and underemployed is to cut their food stamps, because hunger is a great motivator.
Spielberg Test: Why the One Percenters Don’t Deserve Twice as Much (MSNBC)
Timothy Noah argues that if even Steven Spielberg's market value has not consistently increased over the past forty years, then there is no reason to assume that the 1% inherently deserve their doubled income share in that time.
Foreclosure settlement a billion-dollar bust (USA Today)
Julie Schmit reports on the inadequacy of a recent settlement orchestrated by the government for victims of foreclosure abuse. Two-thirds of the payouts are only $300, which is clearly not sufficient to make up for the lose of a house.
New on Next New Deal
As Ben Bernanke tests the waters for changes to the Fed's stimulus policies, Roosevelt Institute Fellow Mike Konczal argues that monetary policy is about more than just expectations.