Daily Digest - May 25: The Lone Wolf Pack

May 25, 2012Tim Price

What you need to know to navigate today's most critical debates.

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Conservatives used to care about community. What happened? (WaPo)

E.J. Dionne argues that throughout our history, progressives and conservatives believed government had a role in shaping and strengthening society but differed on the details. Then Obama had to go and ruin everything by agreeing.

Egos and Immorality (NYT)

Paul Krugman writes that bankers' response to regulation since the financial crisis has been one long, childish tantrum, except they actually have grown-ups praising them for throwing their toys and spitting their food back in our faces.

America's dysfunctional capitalism (WaPo)

Harold Meyerson notes that allegations about the Facebook IPO and lack of disclosure to individual investors show that when left to its own devices, Wall Street only cares about its own social network, and you are not one of its friends.

Dimon and the Fed's Legitimacy (NYT)

Simon Johnson looks at the growing demand for Jamie Dimon to resign from his post on the board of the New York Federal Reserve on the grounds that having him there is like appointing Ronald McDonald to an anti-obesity task force.

The Issue Europe Won't Face (TAP)

Robert Kuttner argues that until world leaders take steps to rein in financial speculation, their countries' economic health will be determined not by the fundamentals but by how much money can be made by betting against them.

For Voters, It's the Job-Growth Trend That Counts (NYT)

David Leonhardt notes that when it comes times to cast their ballots, voters care less about whether they're better off now than they were four years ago than about whether the job market is better off now than it was four months ago.

On Health Care, Romney Goes Retro (TNR)

Jonathan Cohn writes that Romney's plan to roll back government health care programs could leave tens of millions without coverage. You'd better hope the invisible hand is steady when it's performing your life-saving surgery.

The Bomb Hidden in Mitt Romney's Education Plan (Slate)

Matthew Yglesias notes that tucked away in Romney's education plan is a proposal to cut funding for public schools and give it to parents to hire private tutors (if they don't already have one lined up after the piano and dressage lessons).

How the Zero Weeks of Paid Maternity Leave in the U.S. Compare Globally (Think Progress)

Amanda Peterson Beadle points out that while many Americans strongly believe women should have babies whether they want to or not, we're one of the few countries that's decided it's their problem if they don't want to deliver at their desks.

Young, Educated and Seeking Financial Security (NYT)

Catherine Rampell highlights a new study that finds that millennials, often thought of as an idealistic generation, aren't as concerned about thinking outside the box as they are about not living inside it once they graduate from college.

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