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Jersey City: Cheaper, Yes, But Also a Real Sense of Community (The Atlantic Cities)
Roosevelt Institute | Pipeline Fellow Nona Willis Aronowitz continues her two week series on cities where Millennials can afford to succeed. She emphasizes that Jersey City, NJ isn’t just a suburb anymore, with more people centering their work there too.
Elizabeth Warren to Regulators, Congress: End ‘Too Big to Fail’ (The Nation)
Zoë Carpenter discusses Senator Warren’s keynote at a Roosevelt Institute and Americans for Financial Reform event this week. She focuses on how the Senator’s speech fits into the larger picture of Congressional action on financial reform.
- Roosevelt Take: Watch Senator Warren’s speech, which aired live on C-SPAN 2, here.
How McDonald’s and Wal-Mart Became Welfare Queens (Bloomberg View)
Barry Ritholtz takes a strong stance against the major corporations which work on a model of unsustainable wages for workers, who then need public assistance. Raising the minimum wage is a likely solution, but he also suggests penalties for companies whose workers can’t get by.
Scalia’s Chance to Smash Unions: The Huge Under-the-Radar Case (Salon)
Josh Eidelson explains why Unite Here Local 355 v. Mulhall could make forming a union even more difficult. Most union organizing today is done under “card check neutrality agreements” between unions and companies, but those agreements could be ruled unconstitutional.
Detroit’s Decision to Fend Off Bankruptcy: Pay Pensions or Banks? (The Guardian)
Dominic Rushe speaks to Detroit pension recipients about what bankruptcy would mean for their lives. They place the destruction of pensions squarely within the destruction of middle-class opportunity in the United States.
Everyone’s Talking About This Simple Solution To Ending Poverty By Just Giving People Free Money (Business Insider)
Danny Vinik lays out a simple explanation of universal basic income. Importantly, he explains how the U.S. could fund a basic income up to the poverty line, even though it would never pass the current Congress.
How To Save Entitlements Without Really Trying (Blog of the Century)
Zachary Bernstein explains a potential change to Federal Insurance Contributions Act, which creates the taxes that fund Social Security and Medicare, that even the GOP could appreciate. We could save the long-term future of these programs and lower taxes for most Americans.
New on Next New Deal
Roosevelt Institute | Campus Network Senior Fellow for Equal Justice Erik Lampmann would be happier if elections and one-off protests got far less media attention. Instead, he suggests examples of community organizing successes that really deserve our applause.