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Obama’s Very Good Night — In Four Key Moments (TNR)
Jonathan Cohn argues that even beyond Mitt Romney’s unforced error on Libya, President Obama won last night’s debate by defending his record, poking holes in Romney’s tax plan, and reminding voters that his opponent thinks half of them are kind of worthless.
Ladies’ night (Salon)
Irin Carmon notes that Obama went full Fluke last night, tying women’s issues to the economy and arguing for fair pay and contraception. Meanwhile, Romney suggested that single moms cause gun violence and that he prefers his women with a three-hole punch.
What Obama Should Have Said in the Debate About Pay Equity (The Nation)
Ben Adler thinks the president failed to highlight Romney’s non-position on pay equity, as the Republican still hasn’t articulated any plan or desire to overcome the GOP’s opposition to fairness. But he does seem to support affirmative action inside his own Cabinet.
November 7th (NY Mag)
Jonathan Chait explains how both candidates plan to push their economic agendas through a hostile Congress by copying a page from the other side’s playbook. For Romney, that means learning to love stimulus. For Obama, it means doing nothing and lots of it.
Income Inequality May Take Toll on Growth (NYT)
Annie Lowrey explores research that suggests high levels of inequality lead to shorter economic expansions and less growth, which lead to higher levels of inequality, which lead to shorter economic expansions and less growth, which lead to… well, you know.
Don’t Pity the Rich: The Great Recession Was Worst on the Poor (The Atlantic)
Matthew O’Brien notes that even though the recession took its toll on everyone, the rich still came out way ahead while the poor were sent back to 1992, when Sir Mix-a-Lot topped the charts and diplomatic crises involved President Bush throwing up on people.
Economic Health? It’s Relative (NYT)
Eduardo Porter writes that the crisis Obama inherited was no normal recession, and the U.S. recovery has gone pretty well compared to other countries still struggling to get back on their feet. But there may not be an asterisk big enough to denote our lack of jobs.
Sheila Bair: 5 Steps Obama or Romney Must Take to Fix Wall Street (Fiscal Times)
Suzanne McGee looks at the former FDIC chair’s best advice for strengthening financial reform, from breaking up banks that are too big for their britches to making sure regulators don’t think of bankers as “those guys I play poker with on alternate Tuesdays.”
Despite Its Problems, Dodd-Frank Is Better Than the Alternatives (NYT)
Steven Davidoff writes that Dodd-Frank is a flawed, overcomplicated piece of legislation, especially if you happen to be a fan of conflict minerals, but there are few other viable approaches as long as banks remain big enough to roll over and crush the economy in their sleep.
Michael Collier, Disabled Vet, Claims Debt Collection Agency Insulted Him, Told Him He ‘Should Have Died’ (HuffPo)
Ryan Grenoble notes that debt collection agencies like Gurstel Chargo (allegedly) need to brush up on best practices, like not stealing legally protected benefits or telling disabled veterans that they’re lazy good-for-nothings who should die alone and unloved.