Daily Digest - July 9: A Jobs Crisis Not Just for Two
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Latest Jobs Report Underscores Unemployment Crisis (HuffPo)
Peter S. Goodman writes that Friday's disappointing jobs numbers represent the struggles of millions of ordinary Americans, but the media only seems to care about what it means for exactly two job-seekers: Barack Obama and Mitt Romney.
Disappointing Jobs Report: One More Sign of a Recovery Leaving Women Behind (Forbes)
NND Editor Bryce Covert notes that the latest jobs report offers more of the same not just for the overall economy but for women in particular, who continue to trade solid public sector jobs for exciting careers behind the cash register at Walmart.
Three years into recovery, just how much has state and local austerity hurt job growth? (EPI)
Josh Bivens and Heidi Shierholz argue that if not for cutbacks to public payrolls and transfer payments, the economy would have 2.3 million more jobs -- and half would come from the private sector, so even Republicans would have to count them.
Mitt's Gray Areas (NYT)
Paul Krugman notes that while Mitt Romney is following in his father's footsteps by running for president, he seems to think one of dear old dad's mistakes was being a little too honest and transparent with the voters about his personal finances.
Obama Poised for New Fight With G.O.P. Over Tax Cuts (NYT)
President Obama will call on Congress this week to extend the Bush tax cuts for those making under $250,000 for one more year, but House Republicans might be too busy pretending to repeal health care reform to think about future policy right now.
Wall Street's link to Libor (Guardian)
Robert Reich writes that the Libor scandal will cross the Atlantic soon, and the notion of Wall Street ripping us off for trillions through insider trading may convince even those who believe they've reached the depths of their outrage to dig a little deeper.
The British, at Least, Are Getting Tough (NYT)
Gretchen Morgenson notes that despite Barclays' efforts to define its activities as "dirty-clean" rather than merely dirty, British regulators have made it clear that it doesn't matter how much cologne bankers slather on while rolling around in the mud.
The Hollowing Out (NYT)
Thomas Edsall writes that although both campaigns are spinning last week's jobs numbers to fit their message, neither has a plan to address the problem that more and more middle class jobs are done by workers whose first language is binary.
"Siri, Find Me a Soul" (Dissident Voice)
Roosevelt Institute Fellow Matt Stoller and Charles Davis argue that we lack a spiritual leader like Martin Luther King, Jr. to shape our national conscience and save America's soul, and no app in the iTunes store can make up for that. Even Angry Birds.
The Soul Sisters (The Nation)
Greg Kaufmann interviews Sister Simone, one of the organizers behind Nuns on the Bus, whose cross-country road trip to educate people about the Ryan budget should frighten Republicans way more than the concept of Snakes on a Plane ever did.
With additional research by Danielle Bella Ellison.