Economics Daily Digest: Fighting global inequality at home
Posted in the Minneapolis Forum
#1 Oct 16, 2013
Inequality Is a Choice (NYT)
Roosevelt Institute Chief Economist Joseph Stiglitz discusses a new divide between countries who attempt to do something about income inequality and countries that don't. If the U.S. and its peers aren't trying to make change, why should anyone else?
Living on $5,000 a Year, on Purpose: Meet America's 'intentional poor'(NBC News)
Roosevelt Institute | Pipeline Fellow Nona Willis Aronowitz looks at the lives of those who choose poverty as a lifestyle. She points out that choosing poverty is different from being poor: many who choose this lifestyle have a family safety net.
Nancy Pelosi on Sister Simone (Politico)
Rep. Nancy Pelosi writes about her admiration of Sister Simone Campbell, who will be awarded the Freedom of Worship medal at Wednesday's Four Freedoms Awards. Pelosi admires how Sister Simone's faith leads her to take action on behalf of the needy.
The Default has Already Begun (Reuters)
Felix Salmon argues that because global faith in U.S. financial institutions has already been shaken, for most purposes default has already started. The effects can't be stopped at this point, even though we haven't yet breached the debt ceiling.
A Government Above the People (Al Jazeera)
Sarah Kendzior says that when Republican congressmen suggest that furloughed federal workers take out expensive short-term loans during the shutdown, it's further proof of how disconnected government is from the people who rely on the social safety net, or even just their paychecks.
In Shutdown and Debt Ceiling Showdown, GOPers Ignore Their Party's Own Advice (MoJo)
David Corn compares the Republican's internal autopsy from March to their current behavior. The report was supposed to help the GOP make changes to appeal to a broader range of voters, but the party's actions are practically the opposite of the recommendations.
#2 Oct 21, 2013
Funny how the gap between the poor and the rich keeps increasing in the US.
#3 Oct 21, 2013
Inner city graduation rates run between 17% and 43%. Do you think ignorant and lazy people have anything to do with so many people only being capable of earning minimum wage?
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