Daily Digest - October 23: Once More Unto the Breach

Oct 23, 2012Tim Price

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A Good Debate, But Will Voters Notice? (Prospect)

Robert Kuttner argues that President Obama won the final debate with a mix of facts and zingers while Mitt Romney agreed to agree, but with voters still focused on the economy, saving foreign policy for last may have been like serving the vegetables for dessert.

Five Misguided Economic Themes in Tonight's Debate (Slate)

Matthew Yglesias writes that last night's debate seemed to concern a world very different from our own, where Northern Mali is a bigger concern than the eurozone, businesses never borrow money, and terrorists cackle with glee at projected U.S. budget deficits.

Romney wants to increase defense spending by $2 trillion. But what will he use it for? (WaPo)

Ezra Klein notes that Romney's biggest foreign policy contrast is that he wants a much larger defense budget, but beyond adding troops and building boats, he hasn't explained how he'll use the money. Horse-dancing lessons for his new mounted brigades?

The Welfare State of America (In These Times)

Peter Frase and Bhaskar Sunkara outline a plan for un-submerging the welfare state and building a strong social democracy based on the Cloward-Piven strategy, well-known to political historians and anyone who's watched Glenn Beck scribble on a chalkboard.

Modern American Economic History in a Few Charts (Naked Capitalism)

Roosevelt Institute Fellow Matt Stoller argues that the next president's economic strategy will be to break out the bubble wand and start blowing, as America is steadily transforming into a resource-extracting petro-state without all that much petro to extract.

Romney rally at Red Rocks raises issue of government role in the economy (Denver Post)

John Ingold notes that the Republican presidential ticket will be making a stop in Colorado tonight to appear at an ampitheater that was built by New Deal workers. Given their anti-government views, are they bringing a team of private contractors to demolish it?

Presidential Election Weighs on the Federal Reserve (NYT)

Binyamin Appelbaum writes that the Fed's concern about the election isn't just whether Romney will win, but whether he'll send Bernanke packing in favor of a fellow technocrat or a political operative who will declare it dove-hunting season at the central bank.

What Mitt Romney Doesn't Know About Families (Bloomberg)

Betsey Stevenson and Justin Wolfers argue that Romney seems to view parenthood as one of those weird feminine issues that causes women to have to leave work early, not a partnership between two working people with shared sacrifices and benefits.

The Brookfield Shooting is Part of a Rising Tide of Domestic Violence (Forbes)

NND Editor Bryce Covert writes that the salon shooting in Wisconsin is part of a disturbing recession-fueled trend of increased domestic violence and cutbacks in support for victims, and it's getting harder to deny there's a war on women as the body count rises.

The Terrifying Rise of Greece's Nazi Party (TNR)

Eliza Griswold reports that austerity measures are becoming Greece's Treaty of Versailles as painful cutbacks and dismal economic conditions persuade a growing number of voters that being led by violent, racist fascists might not be such a big step down.

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