Daily Digest - May 21: What Do Consumers Get Out of Cable Mega-Mergers?

May 21, 2014Rachel Goldfarb

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AT&T and DirecTV Team Up Against Customers (Bloomberg View)

Roosevelt Institute Fellow Susan Crawford says that instead of overseeing mergers that will hurt consumers, regulators should be pushing cable companies to invest in infrastructure.

To Lift the Poor, You Can’t Avoid Taxing the Rich (NYT)

The money for programs needed to help low-income Americans has to come from somewhere, writes Jared Bernstein, and simply promoting overall growth isn't a viable alternative.

A Super PAC for the Poor: How to Actually Get Something Done About Economic Suffering (Salon)

Blake Zeff argues that the best way to fight poverty is to take a page from the right's handbook and form a super PAC powerful enough to threaten lawmakers who don't support the cause.

Job Outlook for 2014 College Grads Puzzling (USA Today)

This is the sixth graduating class in a row to enter a profoundly weak labor market, writes Hadley Malcolm, and though unemployment is down, young people are leaving the work force.

No, Taking Away Unemployment Benefits Doesn’t Make People Get Jobs (ThinkProgress)

Bryce Covert reports on new data from Illinois, where two months after Congress allowed extended unemployment to lapse, 82 percent of those who lost benefits were still out of work.

As Court Fees Rise, The Poor Are Paying The Price (NPR)

Joseph Shapiro reveals the impact poverty has on Americans' experiences with the legal system, as fees increase for everything from public defenders to electronic monitoring devices.

Credit Suisse's Plea is Kabuki Theatre. Big US Banks are Still Getting Off Easy (The Guardian)

The Swiss bank's guilty plea won't harm its business, writes Heidi Moore, nor is it a sign that the Justice Department will start pursuing criminal charges against U.S. banks.

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