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Comcast and Verizon’s Phony Free-Speech Claim (Bloomberg)
Roosevelt Institute Fellow Susan Crawford knows that it’s the cable and internet providers who are trying to limit speech through their control of what’s available over their wires. Business decisions aren’t free speech- especially when they limit fair competition.
Why the Shareholder Rescue Never Comes (ProPublica)
Jesse Eisinger explains why shareholders aren’t going to solve Too Big to Fail. Shareholders want to see big risks and big returns- and as long as they can count on federal bailouts, that means they don’t mind seeing big banks, either.
People Over Politicians: Spending Less on Elections Could Strengthen Unions (The Century Foundation)
Douglas Williams argues that unions are wasting money when they donate to campaigns, because even politicians who claim to be pro-labor work against them. Instead, they could invest in local organizing and actually achieve some change.
No cause for relief—austerity will indeed drag hard on the economy in 2013 and 2014 (Working Economics)
Josh Bivens thinks that other writers are too quick to assume that rising stock and housing prices and falling gas prices mean that austerity hasn’t slowed our economy. With the job market remaining “dismal,” he thinks the recovery hasn’t even arrived.
More and more Americans are feeling the effects of the sequester (WaPo)
Brad Plumer looks at the results of a May ABC News/Washington Post poll, which shows that 37 percent of Americans say they’ve been impacted negatively by the sequester. That number can only grow as spending on vital services continues to shrink.
Children of the Great Collapse (TAP)
Jared Bernstein lays out how the stimulus helped bring children out of poverty, and how the end of the Recovery Act along with sequestration will put them right back in it. Nothing helps the country’s long-term economic growth quite like cutting 50,000 spots in Head Start.
Why Can’t America Be Sweden? (NYT)
Tom Edsall examines the claim that Sweden’s “cuddly capitalism” would not work in the United States, where our role as supposed innovation entrepreneurs requires a more cutthroat system. This sounds like an awfully convenient excuse to abandon those in need.
The Very Low Threshold For What Conservatives Consider “Reform” (Washington Monthly)
Ed Kilgore doesn’t think that policy priorities are enough to differentiate conservative reformers. When the plan for “reform” is to cut taxes and reduce the social safety net, it’s hard to see how conservative reformers can claim to support the poor — or new ideas.