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By Rachel Goldfarb, originally published on Next New Deal

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Social Security Marks 79th Birthday with Declining Service (WaPo)

Joe Davidson says that the Social Security Administration continues to aim for providing "the best possible service for the American public," but budget and staffing cuts have hampered that goal.

  • Roosevelt Take: Campus Network member Brian Lamberta calls for eliminating the cap on Social Security taxes to ensure the program's sustainability through Millennials' retirements and beyond.

Starbucks to Revise Policies to End Irregular Schedules for Its 130,000 Baristas (NYT)

In response to an article in The New York Times about a single mother's struggle with erratic scheduling, Starbucks plans to revise its scheduling practices to improve worker stability, writes Jodi Kantor.

Why the Minimum Wage Issue is a Win-Win for Obama (MSNBC)

Timothy Noah explains that if Congress won't pass a minimum wage increase, then Democrats have an easy wedge issue for the 2014 elections, which is especially important as they fight to hold the Senate.

Education Alone Is Not the Answer to Income Inequality and Slow Recovery (TAP)

Many economists are emphasizing education as a way to spread the economic recovery beyond the 1 percent, but Robert Kuttner argues for a job-creating solution instead: infrastructure investment.

It's Time to Pay Prisoners the Minimum Wage (TNR)

Josh Kovensky argues that using prison labor as a cost-cutting measure is ineffective and creates unexpected costs, particularly relating to the dependents of prisoners.

When Your Employer Doesn’t Consider You an Employee (AJAM)

The recently proposed Payroll Fraud Prevention Act would help balance power in the workplace by ensuring workers know their rights as employees or contractors, writes Malcolm Harris.

Why it’s No Easy Task to Determine What the GSEs Should Charge for Their Guarantee (MetroTrends Blog)

Laurie Goodman, Ellen Seidman, Jim Parrott, and Jun Zhu lay out the difficulties in determining what fees Fannie Mae and Freddie Mac should charge for guaranteeing mortgage-backed securities.


Originally posted to Daily Kos Economics on Fri Aug 15, 2014 at 05:09 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  starbucks (0+ / 0-)

    Not sure if the policy is going to do anything.  Posting hours a week in advance is great, but are that going to be 2 hour shifts, with extra duty if you stay, all day and wait, or will they try to make it 4 or 8 hours so can make some money and travel time does not overwhelm the hours work. Are those hours guaranteed, or will you be told to go home if the store is slow?

    I blame the software and those who are using it without demanding humanitarian changes.  I know scheduling is hard.  There was a coffee shop in my area that always had two to three workers. same schedule, often with little to do, and they went out of business.  Doing the right thing cost them the business. But the thing about software it it does what you tell it, it is not sentient.  if it is told to schedule four hour blocks, not to schedule someone for opening and closing, and that a worker has child care, then it will develop a schedule for that.  If it is told that none of that is important, and to develop a schedule that will have the highest probability of providing acceptable service at minimal cost for labor, it will do that.

    She was a fool, and so am I, and so is anyone who thinks he sees what God is doing. -Kurt Vonnegut Life is serious but we don't have to be - me

    by lowt on Fri Aug 15, 2014 at 08:22:35 PM PDT

  •  Is it bad that when I heard (0+ / 0-)

    "Social Security at 79", the first thing I thought was "did they make another budget deal".

    I'll always be...King of Bain...I'll always be...King of Bain

    by AZphilosopher on Sat Aug 16, 2014 at 01:33:39 AM PDT

  •  YES to infrastructure investment (0+ / 0-)

    Watching "System Crash - Maxed Out Grid: The Northeast Blackout of 2003" on Smithsonian challenge.

    The causes of the great northeast blackout: underinvestment and deregulation, both of which are greater problems today.

    The suggested answer: a hydrogen-based power economy, starting with a car wash that runs off a hydrogen fuel cell and has a digital power meter that runs down when the car wash sends power back to the grid.

    "Your victory has demonstrated that no person anywhere in the world should not dare to dream of wanting to change the world for a better place." -- Mandela

    by agoldnyc on Sat Aug 16, 2014 at 10:52:23 AM PDT

  •  1932 (0+ / 0-)

    In 1932 an extremely intelligent Republican banker from Utah testified before the Senate Banking Committee that monetary policy alone could not make up for the loss of aggregate demand caused by 25% unemployment. His name was Marriner Eccles and he told the Senators that the government would have to step in with government spending to help make up for the loss of demand.

    This was four years before Keynes published the General Theory

    I don't think that much has changed between then and now.

    You Don't Happen To Make It. You Make It Happen !

    by jeffrey789 on Sat Aug 16, 2014 at 12:36:13 PM PDT

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