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From: Oya Aktas
Sent: Monday, July 20, 2015 11:23 AM
To: Equitable Growth
Subject: Press Clips July 20
Daily Press Clips
07.20.2015
Economic News | Political News | New Reports
Economic News | Back to Top
Fannie and Freddie are Back, Bigger and Badder Than Ever<http://www.nytimes.com/2015/07/20/opinion/fannie-and-freddie-are-back-bigger-and-badder-than-ever.html?ref=opinion>
New York Times - Bethany McLean
At a time of economic uncertainty, when income inequality is a major issue, it is also not a great thing for social cohesion to require those at the lower end of the income scale to start paying far higher rates for their mortgages than those at the upper end, which most analysts agree would be the case if purely private capital financed the mortgage market.
The Uber debate<http://www.washingtonpost.com/opinions/the-uber-debate/2015/07/19/8f2623ba-2cae-11e5-a250-42bd812efc09_story.html>
Washington Post - Editorial Board
The District and Virginia both came to agreements with Uber that allow the company a chance to compete while minimizing the risk to both drivers and riders. There's no reason other cities and states cannot do the same, and no reason 2016 contenders eager to embrace Uber should not also be thinking of ways to regulate ride-sharing responsibly.
What the solution to the education battles is going to look like<http://www.washingtonpost.com/news/opinions/wp/2015/07/20/what-the-solution-to-the-education-battles-is-going-to-look-like/>
Washington Post - Tom Toles
There are two aspects of education, training and acculturation, and the current model is failing at both. Let's face it, higher education is viewed more and more as an employment vehicle. And it's pretty badly designed for that.
Why Homejoy's collapse is not a harbinger of doom for the on-demand economy<http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/17/why-homejoys-collapse-is-not-a-harbinger-for-the-on-demand-economy/>
Wonkblog - Lydia DePillis
Plenty of companies are proving that it's possible to run a digital services platform without treating employees like contractors.
Kansas City raises its minimum wage - but not for teens<http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/17/kansas-raises-its-minimum-wage-but-not-for-teens/>
Wonkblog - Lydia DePillis
In the wave of minimum wage hikes, smaller cities may try to protect the employment prospects of their youngest citizens.
How race still influences where we choose to live<http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/17/how-race-still-influences-where-we-chose-to-live/>
Wonkblog - Emily Badger
The sticky role of preference in preserving segregation - and how to change it.
The big debate about whether we're getting more productive<http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/17/wonkbook-the-big-debate-about-whether-were-getting-more-productive/>
Wonkblog - Max Ehrenfreund
Official data suggest that American workers are getting less done so far this year, which is surprising. As technology advances, you'd think that computers, phones and robots would help workers finish the job sooner. Indeed, many in Silicon Valley say the official numbers on productivity are skewed.
In quiet Ogden, Utah, a surprising glimpse of income equality<http://www.latimes.com/nation/la-na-utah-town-income-gap-20150719-story.html>
Los Angeles Times - Don Lee
After the Great Recession, the Ogden area recovered all the jobs it lost during the downturn by spring 2013, a full year ahead of the rest of the country. And over the last decade, the metro area's economy has consistently grown faster than the national average. There's another distinction worth mentioning: Ogden has the lowest income inequality in the country for a metro area with 500,000 people or more.
#BernieSoBlack: Why progressives are fighting about Bernie Sanders and race<http://www.vox.com/2015/7/20/9001639/bernie-sanders-black-lives-matter>
Vox - Dara Lind
Sanders's Netroots Nation appearance at a town hall Saturday afternoon turned into a confrontation with #BlackLivesMatter activists - and brought a conflict between Sanders-loving economic progressives on one side, and organizers for racial justice on the other, out into the open.
Political News | Back to Top
Hillary Clinton's top goal as president could be effectively impossible to achieve<http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/20/hillary-clintons-top-goal-as-president-could-be-effectively-impossible-to-achieve/>
Wonkblog - Max Ehrenfreund
Hillary Rodham Clinton says the "defining economic challenge of our time" is raising incomes for working Americans, specifically for the middle class. It is no mystery why: Middle-class incomes have been stagnant for a generation and a half.
Uber, Lyft face questions in Massachusetts about disability access<http://thehill.com/policy/technology/248469-uber-lyft-face-questions-in-massachusetts-about-disability-access>
The Hill - David McCabe
The examination comes amid concerns by activists that the two on-demand ride services have trouble handling passengers in wheelchairs and blind customers who use guide dogs.
New Reports | Back to Top
The Measurement of Wealth: Recessions, Sustainability and Inequality<http://papers.nber.org/tmp/33434-w21327.pdf>
Joseph E. Stiglitz
This paper considers two central problems in our statistical frameworks which impair the ability to use wealth to assess economic sustainability or the impacts of economic downturns. Some increases in wealth may reflect increased economic rents-in particular, land and exploitation rents-and their capitalized value, unrelated to an increase in the productive capacity of the economy. Another major problem in our wealth accounts is the "missing capital" required to explain the marked decrease in economic output, at the time of the recession and in the years following, that cannot be fully accounted for by a decrease in measured inputs. When account is taken of this missing capital, the adverse effects of austerity appear much greater than suggested by the standard national income accounts.
Oya Aktas
Intern
Washington Center for Equitable Growth
[email protected]<mailto:[email protected]> | (918) 557-5014
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