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Mexico’s Lucky to Have Just One Man Blocking Internet Equality. We’ve Got a Bunch (Wired)
Roosevelt Institute Fellow Susan Crawford writes that Carlos Slim uses his Mexican telecom monopoly to extract billions from customers. In America, we’d never let one man have all that power — companies like Comcast and Verizon have already called dibs.
Why Washington Saved the Economy, Then Permanently Destroyed the Labor Market (The Atlantic)
Derek Thompson argues that while the government’s swift response to the financial meltdown saved the economy from depression, the long-term unemployed have been abandoned because they don’t have the kind of money needed to buy a lawmaker’s time.
Half of All Jobs Created in the Past 3 Years Were Low-Paying (HuffPo)
Mark Gongloff highlights a new study reinforcing the evidence that the so-called recovery is creating a ton of low-wage retail and hospitality jobs. Even if you’re able to find work, the closest you may get to making a living is by stealing from the cash register.
The Care and Feeding of Small Business (NYT)
Nancy Folbre writes that instead of going hunting for jobs by handing out subsidies and incentives to big corporations, states should pursue an economic gardening strategy and invest in local small businesses that will set down roots while the herd moves on.
The Partial Faith and Dubious Credit Act (WSJ)
Alan Blinder looks at the problematic House GOP bill designed to prioritize Treasury debt payments and Social Security checks in case someone gets the crazy idea to force the U.S. to hit the debt ceiling. But really, what are the odds of that happening… again?
Labor’s Plan B (Prospect)
Abby Rapoport writes that as collective bargaining dies off along with dues-paying union membership, organized labor is pursuing experimental new strategies to achieve policy change. It could destroy unions as we know them, but time was doing that anyway.
Millions of Americans live in extreme poverty. Here’s how they get by. (WaPo)
Dylan Matthews notes that while the global extreme poverty rate has been cut in half since 1990, research shows that 1.65 million U.S. households are still living on less than $2 a day per person. Without the safety net, they’d be on an all-chewing-gum diet.
This Week in Poverty: Twelve Things You Can Do to Fight Poverty Now (The Nation)
Greg Kaufmann talks to leading anti-poverty activists like Sister Simone Campbell and the Coalition of Immokalee Workers about what the average American can do to get engaged in fighting poverty while many elected leaders are busy fighting the poor.