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‘The American Dream Has Become a Myth’ (Spiegel)
Roosevelt Institute Chief Economist Joseph Stiglitz explains how Europe can save itself with more of itself and why our growing economic divide and a predatory, unchecked financial sector have significantly lowered America’s exchange rate of rags to riches.
35 questions from the 99 percent (WaPo)
Harold Meyerson suggests some questions for the candidates at tonight’s presidential debate that would force them to address the economic policy questions that concern most American workers instead of just the ones who list their profession as “talking head.”
Our Crisis of Bad Jobs (NYRB)
Roosevelt Institute Senior Fellow Jeff Madrick writes that while this election remains critical, neither candidate has a clear plan to address the erosion of middle class jobs that’s redefining economic mobility as the chance to wait tables at a slightly fancier restaurant.
A new ‘Year of the Woman’? (WaPo)
Katrina vanden Heuvel argues that in a year when Democrats have embraced women’s reproductive rights and strong female candidates while the GOP has championed forced ultrasounds and Todd Akin, women will be a force to reckon with at the ballot box.
Slammed by Job Loss, ‘Waitress Moms’ Pull Away from GOP (Forbes)
NND Editor Bryce Covert notes that polls show a big shift toward President Obama among blue-collar women who traditionally lean Republican, because it’s harder to support slashing the social safety net when you’re working for tips rather than stock options.
Devaluing care work — and women (Salon)
Irin Carmon writes that policy has yet to catch up with the reality that women are working outside the home, and Democrats are blocking reforms like a domestic workers’ bill of rights and paid sick leave that would remove the sharp knives from their juggling act.
The Math on the Romney-Ryan Tax Plan (NYT)
Catherine Rampell writes that when Paul Ryan says he doesn’t have time to explain how the math in his running mate’s tax plan works, it’s because he would first have to invent some previously unknown system of calculus to make all the promises add up.
Health Care as Income for the Poor (NYT)
Eduardo Porter looks at the CBO’s decision to count government health care benefits at full cost in its income distribution estimates, which some support because it could paint a more accurate picture and others oppose because you can’t pay rent with Medicare.
Back to $chool: College Is the Past, Prison Is the Future (MoJo)
Andy Kroll reports that California is slowly starving its public university system while diverting funds to its rapidly expanding prison population. So it may cost a lot more to earn a degree there, but at least you can get in some study time at the prison library.
We Can’t All Be in Google’s Kansas: A Plan for Winning the Bandwidth Race (Wired)
Roosevelt Institute Fellow Susan Crawford writes that if America wants to win the global race for Internet connectivity and information access, New Zealand’s fiber network investment and telecom regulation provide some pointers on improving our lap time.