The Unnecessary Fall (TNR)
John Judis argues that Barack Obama could have spared himself and his party a lot of grief by embracing the populist approach that presidents like FDR understood so well.
Rebuilding the Democratic brand with jobs (WaPo)
Harold Meyerson suggests that Democrats can still work their way back into voters' good graces by investing in infrastructure and manufacturing jobs.
Given Money for Rehiring, Schools Wait and See (NYTimes)
Though Congress recently approved $10 billion in aid to school districts, the bulk of the money is being saved to prevent future layoffs rather than spent to rehire teachers who have already lost their jobs.
Death and Joblessness (Washington Independent)
Annie Lowrey turns a spotlight on the horrific human toll of the recession with her report on suicide among the long-term unemployed.
Why growth, not consumerism, is good (Salon)
Robert Reich explains why economic growth involves more than conspicuous consumption, and why it's needed to support a high and equitable standard of living.
It's about Main Street, not the mosque (WaPo)
Katrina vanden Heuvel argues that the endless mosque debate is a distraction, and that this fall's elections will be won or lost based on what our leaders are doing to renew the economy and protect our social safety net.
More on Why Elizabeth Warren Would Be Confirmed (TNR)
Noam Scheiber notes that if a Democrat running in Kentucky thinks endorsing Warren is a safe bet, everyone in Washington should breathe easier.
Warren sits down with big bank lobbyists (WaPo)
In the kind of meeting so fraught with tension that it would normally be held at Camp David and end with the announcement of major peace accords, Elizabeth Warren conferred with the targets of some of her sharpest criticism.
Joseph Gagnon on monetary policy (The Economist)
A former associate director for the Federal Reserve Board outlines three steps the Fed should take to stimulate the economy.
Farmer Bernanke, dry fields, and other monetary metaphors (WaPo)
Neil Irwin extends Chris Hayes' farm metaphor and argues that the Fed's weak response to the economic drought stems from its skepticism about unconventional irrigation methods.
Treasury, Lenders Seek to Keep Government Role in Housing Fix (Bloomberg)
While efforts to reform Fannie or Freddie are underway, the Obama administration hopes to convince lenders that a limited and carefully designed government guarantee is wiser than full privatization of home loans.
The Next Health-Reform Campaign (American Prospect)
Passing the Affordable Care Act was a monumental task, but it was nothing compared to the process of implementing the new law. Paul Starr provides an in-depth analysis of the upcoming challenges and potential pitfalls.
Jared Bernstein, White House Economist, Throws Cold Water on Bush Tax Cuts Compromise (HuffPo)
Joe Biden's chief economic adviser worries that a multi-year phase-out could turn into a permanent extension of unaffordable tax cuts for the wealthy.
Are Handouts for Billionaires More Important Than Feeding Children? (Truthout)
Zach Carter lambastes conservatives for pushing policies that benefit the wealthiest of the wealthy while choking off aid to working class families.
Frank, Paul Plan to Reduce the Deficit Through Military Spending Cuts (TPM)
Frank and Paul are urging colleagues to join in their effort to convince the deficit commission that significant military budget cuts must be on the table. And no, that doesn't mean slashing veterans' benefits.
Drilling Permits for Deep Waters Face New Review (NYTimes)
The Obama administration will implement a much stricter environmental review for new offshore drilling platforms in an effort to stave off another BP-like disaster. Better late than never.
Our Summer of Extremes (Project Syndicate)
As fires, floods, earthquakes, and other disasters ravage the globe, Stefan Rahmstorf thinks it's time to acknowledge that we're turning the planet against us.
What climate activists need to learn from the NRA and the gun-control wars (Grist)
Robert Walker argues that the supporters of climate change legislation can't be afraid to toughen up their image and make a few enemies if they want results.
Misperceived Path to Energy Savings (NYTimes)
A new study finds that most Americans don't know the best ways to conserve energy or how much money they could save by doing so.