The Obama Agenda and the Enthusiasm Gap (WSJ)
Compromise has its costs. Robert Reich argues that the president has done just enough to infuriate his enemies and too little to inspire his allies.
James K. Galbraith Champions the Beast Manifesto (Daily Beast)
ND20 contributor James K. Galbraith explains why the answer to America's economic problems is not cutting entitlement programs but expanding them so that more young people can find work.
Hey, Small Spender (NYTimes)
Paul Krugman notes that the supposedly massive government spending increase is really just a spike in payments for programs like unemployment insurance -- which wouldn't be necessary if we'd spent enough to put people back to work.
Fannie and Freddie's Foreclosure Barons (MoJo)
Crooked lawyers, GSEs, and bailed-out banks are conspiring to force people out of their homes with as little notice as possible and make a tidy profit for themselves.
More Workers Face Pay Cuts, Not Furloughs (NYTimes)
With budgets tightening and demand stagnant, a growing number of employers, especially in the public sector, are asking workers to accept lower wages.
Jobs in the cards? (WaPo)
Harold Meyerson writes that if Democrats want to align themselves with small businesses, nominating Elizabeth Warren to head the CFPB is a no-brainer.
Bair Said to Rule Out Leading Consumer Agency After Dodd's Push (BusinessWeek)
FDIC Chairman Sheila Bair won't be moving to the CFPB. Then there were two...
A pain in the pocketbook (WaPo)
Katrina vanden Heuvel argues that we need to move beyond stale arguments over the welfare state and start renewing and reinventing the American economy and the middle class.
Will the Debt Commission Listen to Young Americans Who Didn't Go to Phillips Academy? (Think Progress)
The Concerned Youth of America is giving a voice to those who have been hit hardest by the economic downturn: entitled prep school deficit hawks.
Republican Jobs Plan: Bigger Tax Cuts for the Rich (HuffPo)
The fiscal conservatives in the GOP have unveiled a new jobs bill that won't actually create any jobs, but will give huge tax breaks to the wealthy and triple the deficit by 2015. Doesn't it feel like they're just pranking us sometimes?
Go Find Me the Peak of the Laffer Curve (Capital Gains and Games)
Andrew Samwick notes that Laffer Curve fans have no idea what the top marginal tax rate should be, yet they're always convinced the current rate is too high.
Will The GOP Senators Whose States Face Thousands Of Teacher Layoffs Vote Against Teacher Funding? (Think Progress)
Surprise: The answer is yes.
Political Ads Off Limits, Goldman Promises (NYTimes)
Despite being given carte blanche by the Supreme Court's Citizens United ruling, at least one corporation has decided to exercise some self-restraint when it comes to political advertising.
Arizona Immigration Law Killing Tourism, Costing State Millions (HuffPo)
Arizona's official state song will now be played on the world's smallest violin.
Why the Choice Between Green and Growth is False (Change.org)
Phaedra Ellis-Lamkins argues that, contrary to what oil companies would have us believe, investing in green energy will help to stabilize the economy and create millions of new jobs.
Congress and the Spill (NYTimes)
New legislation would tighten regulations on offshore drilling and put additional safeguards in place to prevent another disaster like the BP spill. Naturally, Senate Republicans have blocked consideration of the bill until after the upcoming recess.
The Art of the Apology Ad (TNR)
From BP to Domino's, Adam Sternbergh reviews the latest corporate attempts to say, "Sure, we screwed up, but doesn't our CEO look sad about it?"