April 9: Judge Not Lest Ye Be Judged

Apr 9, 2012Tim Price

daily-digest-150 What you need to know to navigate today's most critical debates.

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Obama levels straight shots at Supreme Court and Ryan budget (WaPo)

E.J. Dionne writes that if Republicans are so used to Democrats playing dead that they're outraged by President Obama critiquing the Ryan budget and the Supreme Court, FDR's brand of criticism would send them to the fainting couches.

The Gullible Center (NYT)

Paul Krugman notes that the kind of centrists who care more about appearance than substance continue to support Paul Ryan's dogged attempts to implement a far-right agenda simply because he's not foaming at the mouth while doing it.

Some Dreary Forecasts From Recovery Skeptics (NYT)

Last week's jobs report raised fears that the economy is losing steam, but as Annie Lowrey points out, some analysts have been consistently bearish on the recovery. They also have some bad news about where all those colored eggs came from, kids.

America's hall of mirrors recovery (Guardian)

Robert Reich argues there's a simple explanation for the weak jobs report: consumers can scrimp, save, turn out their pockets, and check the couch cushions, but they haven't shared in the recovery and can't spend money they don't have.

Welfare Limits Left Poor Adrift as Recession Hit (NYT)

Jason DeParle reports that the Clinton-era effort to "end welfare as we know it" has proven successful, but unfortunately for those hit hardest by the recession, what's been left in its place is increased poverty and dumpster-diving to make the rent.

Join the conversation about the Roosevelt Institute’s new initiative, Rediscovering Government, led by Senior Fellow Jeff Madrick.

Time To Panic About Europe Again (Slate)

Matthew Yglesias notes that after kicking the can down the road, Europe is running out of road and that damn can is still there. With Spain now on the brink, the value of a union between countries that refuse to help each other seems dubious at best.

The Wall Street backlash (Salon)

Bill Moyers and Michael Winship write that while Dodd-Frank as written has provisions that really upset bankers, their lobbyists and Super PACs are working to ensure the law as implemented only looks like financial reform if you turn your head and squint.

Lack of Competition Stifles Refinance Program for Underwater Homeowners (ProPublica)

Cora Currier reports that the administration's housing policy maintains its perfect .000 batting average, as HARP is mainly supplying banks with a captive audience of existing customers who are forced to accept whatever rate they're offered.

Federal Funds to Train the Jobless Are Drying Up (NYT)

Motoko Rich notes that we're now spending less on job training than we were two recessions ago, as conservatives who urge the unemployed to pull themselves up by their bootstraps are no longer even willing to chip in for the bootstraps.

In Executive Pay, a Rich Game of Thrones (NYT)

While CEO compensation soars to new heights, companies continue to resist a requirement that they disclose the ratio between their chief executive and median worker's pay, possibly because their calculators don't have enough digits.

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