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Founded in 1990 by three leading progressive intellectuals and policy experts – Robert Reich (later Secretary of Labor in the Clinton Administration), Robert Kuttner and Paul Starr – The American Prospect has evolved over its 15 years from liberalism’s most authoritative policy journal to a full-service liberal monthly, which has added in-depth political and social reporting and cultural commentary to its policy analyses. Recent Prospect articles widely cited in the press include Linda Hirshman’s reappraisal of feminism, Will Bunch’s expose of Republican Senator Rick Santorum’s dubious personal finances, and Mark Goldberg’s story on the butcher of Darfur who’s also a CIA asset. “Tapped,” the Prospect’s blog, is considered among the smartest and most liberal weblogs in the land, featuring such stellar young talents as Garance Franke-Ruta and Matt Yglesias.
In 2001, the magazine moved its editorial operations from Boston to Washington, DC, as Kuttner stepped down from day-to-day editing and Harold Meyerson, moving east from Los Angeles, took the reins. Today, the magazine is edited by former New York Magazine political editor Michael Tomasky, and Meyerson, as editor-at-large, authors a wide range of pieces. In the current April issue, he has a major piece on the problems of the economy in the era of outsourcing, which asks the question: Can America survive American capitalism?
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The Maximum Impact of the Minimum Wage
March 04, 2013
Prospect.org
Cristina Romer, Berkeley economics professor and the former head of President Obama’s Council of Economic Advisers, passed judgment on the merits of raising the minimum wage in Saturday’s New York Times, and in the process made clear why she wasn’t a member of the president’s de facto council of political advisers. She argued, as some mainstream economists do, that the merits of a heightened minimum wage were slight—that it may, for instance, raise prices, offsetting the gain to low-wage workers. The better solution, she argues, is to raise the earned income tax credit (EITC)—the government’s payment to the working poor—and to support universal pre-K education. “Why settle for half-measures,” she concludes (by which she means raising the minimum wage), “when such truly first-rate policies [by which she means the EITC and pre-K schooling] are well understood and ready to go?”
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Boehner on the Fringe
March 01, 2013
Prospect.org
In announcing Thursday that he would no longer negotiate with President Obama over a deal to reduce the nation’s budget deficit, House Speaker John Boehner said that Republicans would support no more tax increases. The question, he said, came down to “how much more money we want to steal from the American people to fund more government. I’m for no more.”
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Why Republicans Should Want to Index the Minimum Wage
February 21, 2013
Prospect.org
If Republicans have any political sense at all, they’ll support not just raising the minimum wage, but indexing it.
The economic case for raising the wage, at a time when economic inequality is rampant, working-class incomes are declining, and Wal-Mart sales are falling through the floor, is overwhelming. But while Republicans may blow off the economic consequences of not raising the federal standard, they can’t be so cavalier in dismissing the political consequences.
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Darrell Issa's Tight Spot
February 07, 2013
Prospect.org
Tuesday’s House Judiciary Committee hearing on the status of the undocumented produced a united front of Republican support for legalizing those immigrants, but not allowing them to become citizens. Well, an almost united front.
As Kitty Felde of Los Angeles public radio staton KPCC reported, one GOP Committee member dissented from his peers’ halfway-house stance. Darrell Issa, the sole Republican committee member from California, told Felde that he believes the undocumented should be allowed to become citizens. “I believe that that’s the inherently American thing to do,” he said.
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Citizens? They Want to Be Citizens?
February 06, 2013
Prospect.org
House Republicans convened their first hearing on immigration reform on Tuesday and made clear that they were scared to death of immigrants actually getting the vote. Judiciary Committee Chairman Bob Goodlatte of Virginia set the tone when he made clear he was looking for a mid-range position somewhere between deporting and granting citizenship to the 11 million undocumented immigrants in the United States. A nice, safe legal “resident” status, he suggested, never to be upgraded to that of citizen and voter.
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Labor Wins—in China
February 04, 2013
Prospect.org
Is China moving ahead of the United States on worker rights? According to a report on Monday’s Financial Times, it may be doing just that.
The FT reports that Foxconn, which employs 1.2 million Chinese workers who make the bulk of Apple’s products, along with those of Nokia, Dell, and other tech companies, has decided to allow its workers to hold elections to select their union leaders. This is a radical departure from past practice in China, where unions are run by the government—that is, the Communist Party—which customarily selects the union leaders. Often, the leaders selected under this system are actually the plant managers.
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