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Why You Shouldn’t Marry for Money (The Nation)
Roosevelt Institute Fellow Mike Konczal and Bryce Covert explain why the conservative idea of reducing poverty and inequality by promoting marriage won’t actually work.
Nobel Prize-Winning Economist Reveals Why Robots Really Are Coming For Your Job (Business Insider)
Tomas Hirst reports on a new paper by Roosevelt Institute Chief Economist Joseph Stiglitz, which argues that left unchecked, innovation can create market failures that increase inequality.
Why Screwing Unions Screws the Entire Middle Class (MoJo)
Kevin Drum argues that the Democrats’ split from organized labor in the 1960s and labor’s subsequent loss of power helped to create the pro-business political climate we have today.
Kansas Revenues Will Fall $1 Billion Short of 2015 and 2016 Expenses, Fiscal Experts Say (Kansas City Star)
Following massive income tax cuts, Kansas faces severe shortages, and critics of the tax cuts worry the results will be cuts for schools, roads, and social services, writes Brad Cooper.
Inequality, Unbelievably, Gets Worse (NYT)
Steven Rattner points to new data from the Federal Reserve showing increased inequality. He emphasizes government transfer programs as a way to ease the problem.
Arkansas’s Blue Collar Social Conservatives Don’t Know What’s Coming (Daily Beast)
200,000 Akansans gained health insurance through a hybrid “private option,” but Monica Potts writes that with newly elected officials focused on money over people, that could disappear.
The Real Winner of the Midterms: Wall Street (In These Times)
David Sirota ties Wall Street’s funding of gubernatorial campaigns to its profits: many of these candidates support “pension reform” that will increase Wall Street’s fees.