Thursday, July 25, 2013

WonkPM: Your afternoon update from Wonkblog for July 25, 2013

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The Washington Post Thursday, July 25, 2013
WonkPM: Your afternoon update from Wonkblog
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Larry Summers isn't popular in the blogosphere. But he's got friends in high places.

As far as I can tell, there’s almost no one in the economics blogosphere who wants to see Larry Summers named as Ben Bernanke’s replacement. The bulk of opinion ranges from relative indifference between the two candidates (“as we know … Continue reading

Yellen vs. Summers: Who would be a better Fed chair?

The president's decision on whom to nominate to be the next Federal Reserve chair increasingly appears to be coming down to Larry Summers and Janet Yellen. Ezra describes well what appears to be the state of play here: The president, … Continue reading

Republicans had a plan to replace Obamacare. It looked a lot like Obamacare.

Remember “repeal and replace”? That was the Republican party’s 2010-vintage response to the Affordable Care Act. It wasn’t that they opposed the idea of universal health care; they just thought that the Obama administration and their allies in Congress went … Continue reading

Don't you wish this 'Daria' trailer was for a real movie?

My teenage self is very, very excited about this College Humor trailer for a (sadly) fake movie in which Daria Morgendorffer returns to Lawndale High for her 10th high school reunion. CollegeHumor’s Favorite Funny Videos

NSA snooping is hurting U.S. tech companies' bottom line

There has been a lot of speculation that the revelations about NSA surveillance program PRISM damaged the credibility of U.S. tech companies, especially with international clients who were the primary targets of the snooping operation. But now it’s starting to … Continue reading

Obama says the typical family income 'barely budged' between 1979 and 2007. It grew at least 15 percent.

During his big economic speech Wednesday, President Obama declared, “The link between higher productivity and people's wages and salaries was severed – the income of the top 1 percent nearly quadrupled from 1979 to 2007, while the typical family's barely … Continue reading

Justin Amash almost beat the NSA. Next time, he might do it.

Last night’s remarkably close House vote on the NSA’s bulk surveillance program can be read one of two ways. You could say it was a symbolic win for the agency’s critics. Or you could say the House rejected an attempt … Continue reading

Watch out, Republicans! You're helping Obamacare succeed.

Republican opposition to Obamacare is, Norm Ornstein writes this morning, “spinning out of control.” “What is going on now to sabotage Obamacare is not treasonous — just sharply beneath any reasonable standards of elected officials with the fiduciary responsibility of … Continue reading

Today's hearing on innovation and copyright is short on innovators

Earlier this year, the House Judiciary Committee launched a “comprehensive review” of copyright law. Today, the Subcommittee on Courts, Intellectual Property, and the Internet is having a hearing on the role of copyright in innovation. But the line-up is looking a … Continue reading

Wonkbook: The White House wants Summers for the Fed. But will they actually choose him?

Welcome to Wonkbook, Ezra Klein and Evan Soltas’s morning policy news primer. To subscribe by e-mail, click here. Send comments, criticism, or ideas to Wonkbook at Gmail dot com. To read more by Ezra and his team, go to Wonkblog. I think … Continue reading
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