Click here to receive the Daily Digest via e-mail.
How policy has contributed to the great economic divide (WaPo)
Roosevelt Institute Senior Fellow Joseph Stiglitz writes that America is still exceptional in the field of economic inequality, and its policymakers have been working hard (or hardly working) since the turn of the century to make sure that it stays that way.
Getting Away With It (NYRB)
Paul Krugman and Robin Wells argue that the opportunity for a second New Deal was stymied by the GOP's united front of crazy and a policy team led by a guy who struggles to prove he never worked for Goldman Sachs because he still kinda does.
For Obama, Supreme Court health-care, immigration rulings to close a tough term (WaPo)
Though the Supreme Court may be saving the worst for last by invalidating the president's signature legislation, Robert Barnes notes that many of its recent rulings have been a louder version of Justice Alito mouthing "not true" at the State of the Union.
Will we love the health-care law if it dies? (WaPo)
E.J. Dionne argues that if some or all of the Affordable Care Act is struck down by the Supreme Court, it may at least motivate some of its supporters to deliver the stirring eulogies they seem to have been composing since it was signed into law.
The Court's Scott Walker Moment (TAP)
Garrett Epps writes that although the Court's decision in Knox didn't demolish public employee unions just yet, its reasoning set up the sequel about as clearly as a movie monster's hand coming out of a grave with a caption that reads "The End...?"
U.S. Banks Aren't Nearly Ready for Coming European Crisis (Bloomberg)
Simon Johnson argues that recent stress tests of American banks don't account for the real risks of a eurozone break-up, like the tricky but increasingly relevant question of how anyone can get paid with a currency that no longer exists.
Reviving Real Estate Requires Collective Action (NYT)
Robert Shiller highlights a novel solution for struggling homeowners, which involves the government using eminent domain for good by seizing underwater mortgages instead of its using it to bulldoze poor people's houses to clear room for a freeway.
White Working Chaos (NYT)
Experts agree: there is a group of people one could describe as the white working class. Who they are and which party they tend to support is up for debate, though as Thomas Edsall notes, the answers to both questions could be crucial in this election.
Alec MacGillis writes that Democrats are at a fundraising disadvantage this year not just because their wealthy supporters are outnumbered, but because those donors have found a rare opportunity to be cheap and stand on principle at the same time.
Ms. Vasquez Goes to Washington (The Nation)
Greg Kaufmann notes that Jamie Dimon did have to face at least one tough question when he testified before Congress, but rather than coming from any of our elected officials, it was asked by a single mom working as an underpaid janitor in Houston.
With additional research by Danielle Bella Ellison.