Daily Digest - October 11: Breaking Down the Wal

Oct 11, 2012Tim Price

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Walmart's Black Friday ultimatum (Salon)

Josh Eidelson reports that Walmart strikers have upped the stakes by threatening to walk out on the biggest shopping day of the year, cementing Black Friday as the worst case of mass chaos in a shopping center that doesn't involve a zombie outbreak.

Why Walmart, Why Now? (In These Times)

Labor historian Nelson Lichtenstein agrees with Roosevelt Institute Fellow Dorian Warren that these strikes have changed the game by demanding more than a pro forma response from Walmart, unless they have an "illegal retaliation" template ready to be filled in.

Why Jack Welch Knows About Changing Numbers (Harper's)

Roosevelt Institute Senior Fellow Jeff Madrick writes that it's no wonder that ex-CEO and current paranoiac Jack Welch would suspect the BLS of cooking the books on unemployment, since he proved himself a veritable Gordon Ramsay of corporate profits at GE.

The fiscal...something (WaPo)

Ezra Klein notes that metaphors used to describe the fiscal situation come early next year have ranged from a gentle downward slope to the fiery end of all existence, but EPI describes it as an obstacle course that presents opportunities if we navigate it correctly.

The Definitive Timeline of Romney's Ever-Evolving Tax Plan (Think Progress)

Travis Waldron tracks Mitt Romney's tax plan from his first short-lived prototype, which already included cutting taxes for the rich while denying it, to its current form, a Rorschach test that "coincidentally" happens to look like a huge dollar sign to the rich.

Obama: Giving Away Social Security (Prospect)

Robert Kuttner argues that President Obama's admission that he and Romney share a similar position on Social Security wasn't just a debate slip-up but rather a moment of honesty, which should worry his supporters more than his dipping poll numbers.

Corporate Lobbyists Run Almost Every Pro-Romney Super PAC (The Nation)

Lee Fang provides a who's who of the corporate lobbyists who are undertaking early preparation for their professional relationship with the Romney administration by throwing money at the campaign to ensure that there is such a thing for them to coopt.

Romney's War on Contraception (HuffPo)

Though we've seen a kinder, gentler Mitt on the campaign trail since last week, Cristina Page writes that he hasn't backed down from any of his promises to get between women and their contraception, turning "family planning" into "plan on a family."

Without Work, Work-Based Welfare Does Not Fare Well (On the Economy)

Jared Bernstein notes that while the employment rate for single moms has been declining, so has the rate for married moms and single non-moms, and it's not because they're all watching their programs in their bathrobes instead of looking for work.

Goldman's 'muppet hunt' draws a blank (FT)

After an exhaustive inquiry into Greg Smith's claims that clients were referred to as "muppets," Goldman has only been able to identify 4,000 references to the Muppets movie in its employees' e-mails, like you'd find in any totally normal American workplace.

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