Click here to subscribe to Roosevelt First, our weekday morning email featuring the Daily Digest.
GOP Senators: Don’t Raise Home Care Worker Wages (The Hill)
Ramsey Cox reports that this group of Senators claims giving home care workers minimum wage is unaffordable because of increased costs for Medicaid.
S.F., Oakland at Forefront of U.S. Minimum Wage Movement (SF Chronicle)
A proposition on the ballot this November will raise San Francisco’s minimum wage to $15 an hour by July 2018, and it’s expected to pass by wide margins, writes John Coté.
Americans Have No Idea How the Government Spends Money (WaPo)
Christopher Ingraham reports on a quiz given by the Pew Research Center. The results show that a third of Americans incorrectly think the government spends more on foreign aid than Social Security.
What to Watch on Jobs Day: Nominal Wages, Teacher Gap, and Upward Revisions (Working Economics)
Elise Gould explains why these three data points will be her focus in analyzing the jobs report, and says this month is a good time to look at the teacher gap to see whether public education jobs have bounced back.
People Who Warned the Fed Are Very Smart and Very Wrong (Bloomberg Businessweek)
Peter Coy looks back at a 2010 letter from a group of economists to the Federal Reserve, which warned against quantitative easing. He shares some of the writers’ explanations for their incorrect predictions.
Poverty Isn’t Just About Not Having Much; It’s About Never Knowing How Much You’re Going to Have (Vox)
Danielle Kurtzleben looks at data on the vast swings in monthly income that low-to-moderate-income households experience, which make it nearly impossible to plan ahead.
Chart: The Typical White Family Is 20 Times Wealthier Than the Typical Black Family (Mother Jones)
Dave Gilson explains that while the income gap between white and Black households is significant, the wealth gap is even greater – and it’s the wealth gap that sustains generational inequality.
