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By Tim Price, originally published on Next New Deal

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Note: The 2013 edition of the Roosevelt Institute | Campus Network's 10 Ideas series is out today! Click here to read the best student policy proposals on issues including economic development, defense and diplomacy, equal justice, health care, energy and the environment, and education.

How an anti-rentier agenda might bring liberals, conservatives together (WaPo)

Roosevelt Institute Fellow Mike Konczal writes that left and right could find common ground in their efforts to stop the rich from extracting unearned income from land, copyrights, and other resources. Or they could just have a big fight about taxes, as per usual.

Lessons From a Comeback (NYT)

Paul Krugman notes that as California has drifted left over the years, Republicans have consistently predicted it would crumble under the strain of liberalism and sink into the Pacific. Now it looks like GOP obsolescence may be the key to a brighter future.

What if Sherrod Brown, Battler Against 'Too-Big-to-Fail' Banks, Gets Banking Committee Chair? (The Nation)

John Nichols writes that with current chair Tim Johnson set to retire in 2014, Democrats' internal politics could allow the populist Brown to take the reins. From there it's a slippery slope to effective regulation and decades of financial sector stability. Be afraid.

Why there won't be any big new bank laws in the US, in three quotes (Quartz)

Taking the under on bets that ending "too big to fail" is a foregone conclusion, Tim Fernholz argues that the White House has its hands full with Dodd-Frank and that House Republicans will likely continue to behave like a bunch of House Republicans.

Everyone's a Queen (TNR)

Timothy Noah notes that Republicans are victims of their own success with welfare reform, which forced them to expand the scope of what they want to cut. There must be swarthy moochers hiding somewhere, and the GOP won't rest until it finds them.

Social Security, Present and Future (NYT)

The New York Times editorial board argues that cuts to already meager benefits are the wrong way to reform Social Security and shouldn't be bolted to the side of an unrelated deficit debate. Who let in all the Unserious People? Jeeves, show them out.

What New York's (Partial) Victory on Paid Sick Days Means (Prospect)

Amy Traub writes that New York City is finally getting guaranteed paid sick days, and all it took was overwhelming public support, five long years of advocacy work, and compromises that exclude thousands in order to get the proposal brought to a vote.

284,000 College Graduates Had Minimum-Wage Jobs Last Year (HuffPo)

Student debt is soaring, the number of college grads stuck in minimum wage jobs has increased 70 percent over the last decade, and 38 percent of the class of 2010 hold jobs that don't even require a high school diploma. Future status: not won.

Tim Price is Deputy Editor of Next New Deal. Follow him on Twitter @txprice.

Originally posted to Daily Kos Economics on Mon Apr 01, 2013 at 06:49 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  Before Sherrod Brown can take over the (0+ / 0-)

    chairmanship of the Senate Banking Committee, the Democrats have to keep control of the senate - not an easy feat to be arranged in the next 18 months.  But wouldn't he and Elizabeth Warren make a formidable team,  providing hours of delight watching the bankers squirm?!

    "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

    by SueDe on Mon Apr 01, 2013 at 03:05:01 PM PDT

    •  If Schumer gets Reid's job (1+ / 0-)
      Recommended by:
      chuckvw

      Don't get your hopes too high.  Schumer would likely be as bad as, if not worse than, Reid.  Having good Dem leaders on the Banking Committee won't produce much reform if we have conservatives in charge of the Senate and Wall Streeters running the WH.

      It is an old strategy of tyrants to delude their victims into fighting their battles for them. FDR

      by Betty Pinson on Mon Apr 01, 2013 at 03:37:52 PM PDT

      [ Parent ]

      •  I had no idea there was a possibility of Schumer's (0+ / 0-)

        taking over Reid's position of Majority Leader.  Oh Gawd!  Schumer's so deep in the pockets of Wall Street he wouldn't recognize any other parts of New York state if he were taken on a private tour of the individual counties.  

        I may not agree with the way Reid chooses his priorities, but he's much more savvy in his understanding of how senate rules can be used to get as much as possible for the Democrats than any other Dem in that body.  I doubt Schumer has the depth to do as well as Reid in that regard - he seems to me to be one who would court Republicans to get the bankers, the investment houses and the bond market everything they want.

        "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

        by SueDe on Mon Apr 01, 2013 at 09:09:46 PM PDT

        [ Parent ]

        •  Sad to consider (0+ / 0-)

          that Dems could end up with someone worse that Reid as majority leader.  Gad, how depressing.  Our party in DC is completely out of touch and massively dysfunctional.

          Never in my lifetime has it been this bad.

          It is an old strategy of tyrants to delude their victims into fighting their battles for them. FDR

          by Betty Pinson on Tue Apr 02, 2013 at 06:01:45 AM PDT

          [ Parent ]

  •  Liked the Konczai piece, in part because it (1+ / 0-)
    Recommended by:
    Odysseus

    highlights the difference between partisan politics and reality.

    Conservatives and liberals have much more common ground that political junkies, pundits, and politicians would ever care to admit.

    First and foremost -- ordinary old folk of all stripes have good reason to detest the reinforcement of monopoly power.  If you love markets, and you love to see the economic engine reward people for the work they do and the creativity they bring, then you have to -- have to -- hate anything that reinforces or needlessly creates monopolies, whether it's excessive copyrights, medical licenses and the laws that restrict what non-MD healers can do, or anything else that unreasonably burdens the entry of new competitors into a space.

    Even taxes shouldn't be that hard. They are that hard, but not for anything inherent in conservative v liberal ideologies.

    Fairly taxing passive income would do several things:

    1. Raise revenue, but
    2.  Allow for a flattening of the entire tax structure. if you get money from more sources, you may be able to lower rates, especially on those productive souls who might just inject that money back into the economy,
    3.  Reduce the attractiveness of passive v active investments.

    When you are at the ordinary folks -- including business people of the non GM-CEO variety, there is a lot of room to talk.

    LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

    by dinotrac on Mon Apr 01, 2013 at 03:35:02 PM PDT

  •  Obamacare -> my hours may get cut. (0+ / 0-)

    We received e-mail at work stating that we, as adjunct professors, may not be allowed to teach more than three classes per semester because of the Affordable Care Act.  It's not certain that decision has been made, but I'd say that it's more likely than not.  The State of Virginia and several other community colleges have taken this step.  Other community colleges or employers of adjuncts already them to three classes.  

    I'm going to write a letter to the Dean and the priest at my church has given permission for our situation to be given when prayers from the congregation are solicited.  The date is four months away, so it's doubtful we can organize a union in our right-to-work state.  If we did, it's doubtful that a majority of adjuncts (who teach three classes or less and would be unaffected) would be favorable to organizing under the best possible circumstances.  

    I'm bringing it up here because other people who do not earn much money (and who would probably favor the Democrats) are going to be hit.  This will hurt the Democrats in 2014.

    What recommendations would you make for people in this situation?

    "Politics should be the part-time profession of every citizen who would protect the rights and privileges of free people and who would preserve what is good and fruitful in our national heritage." -- Lucille Ball

    by Yamaneko2 on Mon Apr 01, 2013 at 06:34:29 PM PDT

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