Skip to main content

Economics Daily Digest by the Roosevelt Institute banner

By Rachel Goldfarb, originally posted on Next New Deal

Click here to receive the Daily Digest via email.

Fiscal Fixes for the Jobless Recovery (WSJ)

Following his keynote address at A Bold Approach to the Jobs Emergency last week, Alan Blinder presents changes we could make to encourage more hiring. His solutions could appeal to Republican obstructionists: They may be government-based, but the jobs aren’t. Note: this article is behind a paywall.

What We Need Now: A National Economic Strategy For Better Jobs (Robert Reich)

Robert Reich disagrees with those who think technological advancements condemn part of our workforce to underemployment and low wages. Instead, they should push us to make many other changes that will get us to full employment and reduce income inequality.

Employers: Pay Your Interns. Labor Department: Bust Them if They Don’t! (EPI)

Ross Eisenbrey wants to see government enforcement of the six-part test of what constitutes an internship. When most internships fail the first requirement, that they be closely supervised educational experiences, it's clear that we have a violation of labor laws.

Reminder: There Are Still 3 Times More Unemployed Workers Than Job Openings (The Atlantic)

Jordan Weissman doesn't want anyone to forget that the job crisis continues: There aren't enough jobs to go around in every major industry. This across-the-board problem continues to support the theory that the underlying issue is lack of consumer demand.

The Sword Drops on Food Stamps (The Nation)

George Zornick reports that Congress is officially going to cut SNAP funding, and the only debate left is how much to cut. Congress seems to be placing its priorities in all the wrong places: this will pass, but we can't get a jobs bill?

State Budgets are on the Mend (WaPo)

Michael Fletcher notes that state economies and budgets are on the mend, with 42 governors proposing increased spending next year. But he thinks this could be a momentary peak due to the spike in capital gains revenue at the end of 2012.

Boy, Is There Ever No Wage Inflation in This Economy (On The Economy)

Jared Bernstein explains how we're seeing decent consumer spending numbers despite the absolutely flat growth in wages. He's worried that the spending is tied to housing wealth and savings, a familiar approach from 2008.


Originally posted to Daily Kos Economics on Thu Jun 13, 2013 at 07:04 AM PDT.

Also republished by Daily Kos.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site