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Where Millennials Can Make It Now (Atlantic Cities)
Roosevelt Institute | Pipeline Fellow Nona Willis Aronowitz introduces her two-week series on cities where Millennials afford the costs of achieving their goals. The first piece, on Omaha, points out the higher levels of risk Millennials can take on with low costs of living.
Median Wage Falls to Lowest Level Since 1998 (AJAM)
David Cay Johnston reports that as the median wage falls, average wages are rising, according to new data from the Social Security Administration. That’s a sign of gains at the top of the income ladder, with the wealthiest Americans pulling up the average.
How Washington Abandoned America’s Unpaid Interns (The Atlantic)
Stephen Lurie explains the legal puzzle that has left unpaid interns without protections. There’s serious structural damage happening to the workplace when young people work unpaid and unprotected, but that can’t be fixed without laws or regulations.
Where’s the GOP’s Anti-Poverty Agenda? (WaPo)
Ryan Cooper asks why the Republicans have ignored the section of their autopsy report about poverty. A hard line against poverty assistance programs is particularly horrifying when unemployment is still high, and the GOP knows it, but apparently doesn’t care.
2014 Cuts Hit Defense Spending, so Obama Has Leverage on Taxes (MSNBC)
Timothy Noah suggests that since the next round of sequestration cuts hit the Pentagon, the Democrats have a lot more budget clout than they think. Republicans don’t want to be tied to defense cuts, which makes these cuts a useful negotiation tool.
If the GOP Repeals Obamacare, 137 Million Americans Could Get Cancellation Notices (MoJo)
Erika Eichelberger thinks that the Republicans would face public outrage if they actually managed to repeal the Affordable Care Act. The people getting cancellation notices from their insurance companies today are big news, but a repeal would be exponentially larger.
Meet Preet Bharara, Who Just Won the Biggest Insider Trading Case Ever (WaPo)
Lydia DePillis profiles the U.S. Attorney for the Southern District of New York. His crusade against a culture of corruption on Wall Street led to a major victory in a criminal case against a hedge fund for insider trading yesterday.