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Paul Ryan’s Magical Thinking (The Baffler)
Paul Ryan’s belief that poverty is rooted in personal failure isn’t the only problem with his anti-poverty plan, writes Ned Resnikoff. It’s also impractical to implement and too easily abused.
An Interview With the President (The Economist)
While discussing corporate responsibility in this wide-ranging interview, President Obama points out that companies profess to care about social issues, but only lobby for their tax breaks.
Let’s Do It! Let’s Bring Back Earmarks! (HuffPo)
Ending earmarks has done nothing to reduce American cynicism about government’s motives, and has contributed to congressional gridlock, writes Jason Linkins.
When U.S. Companies Skip the Country to Dodge Taxes, Their Shareholders Can Foot the Bill (Quartz)
Since shareholders are hit with a capital gains tax bill when companies use inversion (merging with a foreign company) to avoid taxes, Tim Fernholz says raising those rates could slow the problem.
These 7 Charts Show Why the Rent Is Too Damn High (MoJo)
Erika Eichelberger and AJ Vicens lay out the data explaining shifts in rental housing. They say that reducing government’s role in housing finance could direct funds toward affordable rental housing.
New on Next New Deal
In her video speculation for the Next American Economy project, Sarah Burd-Sharps, Co-Director of Measure for America, predicts that fiscal moderates will push public investment out of fear of a more costly future.
Roosevelt Institute Fellow Mike Konczal says that Matt Zwolinski’s case for a basic income guarantee makes faulty assumptions about what government is already providing through welfare.