The Daily Digest is taking a break for the holidays. It will return on Monday, January 5, 2015.
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Americans Are Sick to Death of Both Parties: Why Our Politics Is in Worse Shape Than We Thought (Alternet)
Roosevelt Institute Senior Fellow Thomas Ferguson and Walter Dean Burnham say the combination of incredibly high political spending and low voter turnout signals a serious problem with our democracy.
McDonald’s Can No Longer Hide Behind its Franchises (The Hill)
Roosevelt Institute Senior Fellow Richard Kirsch says that holding McDonald’s accountable for labor practices at its franchises is the kind of common-sense labor policy we need today.
Forecast for the 2015 Economy: Sunny (MSNBC)
Suzy Khimm gathers up economists’ predictions for the coming year. Trends point toward some increases in wages, which means more people will feel the recovery in their lives.
Yellen’s First Year at Fed: A Remarkably Steady Course (NYT)
Binyamin Appelbaum reviews Janet Yellen’s actions and accomplishments this past year. Her distinguishing characteristics as Fed chair include a focus on unemployment and jobs.
Volkswagen’s Employee Engagement Plan Could Weaken Labor (In These Times)
Alexandra Bradbury explains the concerns around Volkswagen’s plan, which recognizes groups representing at least 15 percent of workers but doesn’t allow any collective bargaining.
Republicans Block Reappointment of CBO Chief Doug Elmendorf (Bloomberg Politics)
Dave Weigel says the decision not to reconfirm Elmendorf to the Congressional Budget Office revolves around the GOP’s desire for dynamic scoring, an unproven method of calculating budget costs.
New on Next New Deal
Roosevelt Institute Senior Fellow Richard Kirsch says that New York Senator Chuck Schumer embodies the dilemma facing the Democratic Party: Wall Street funding vs. the populism it promises voters.