What We’re Reading, 3/27/12
Every morning, we poll the staff and round-up their favorite economic, financial and political reads of the day. What we’re talking about in the break room this morning: the Supreme Court, the Supreme Court, and … the Supreme Court. Plus a little bit about pop-up kitchens.
Department of Health and Human Services, et al., vs. Florida, et al. — Day 1 Transcripts (PDF). “After reading a lot of analysis with the same feel last night, I went straight to the source this morning — the court-provided transcripts of Monday’s argument,” says David Morris, Kiplinger’s senior political editor. “The transcripts generally take up to a week to land on the SCOTUS website. It’s remarkable that we can see these the same day.”
Also worth reading on this issue:
"Health Care Law: 5 Supreme Court Takeaways," by Jennifer Haberkorn and Josh Gerstein (Politico). A helpful breakdown of the first day’s arguments, with sub-headings and lots of quotes — in case you don’t want to dig through that aforementioned PDF.
"Public Still Opposes Health Care Mandate," by Ronald Brownstein (National Journal). Some interesting context as the debate continues: National Journal’s latest opinion poll finds that only 28 percent of Americans actually support the mandate currently before the court.
"Health Law Accelerates Industry Changes," by Phil Galewitz (Kaiser Health News). Private practices, patient records, and health care plans are changing — regardless of the outcome of this week’s case.
In other news…
"Russian President Lobs ‘Hollywood’ Charge at Romney," by Gabriella Schwarz (CNN). "It’s the biggest political story of the day," says Letter editor Ken Bazinet, regarding comments that Russian President Dmitry Medvedev made in South Korea on Tuesday. Romney called Russia "a geopolitical foe" on CNN’s "The Situation Room" yesterday — which, as Ken points out, "kind of left him open to a history lecture on the Cold War."
"Gray Nation: The Very Real Economic Dangers of an Aging America," by Derek Thompson (The Atlantic). A disconcerting new paper by economists James Stock and Mark Watson forecasts deeper recessions and slower recoveries as America’s demographics shift.
"A Game Explodes and Changes Life Overnight for a Struggling Start-Up," by Brian Chen and Jenna Wortham (The New York Times). The success of Draw Something, a Pictionary-like smartphone app, could prove game-changing for young entrepreneurs.
"Pop-Ups Are Taking Over the Kitchen," by Katy McLaughlin (Wall Street Journal). Thanks to the steep cost of starting a small business, pop-ups are the new food trucks. Or restaurants. Or both.
What are you reading?
What We’re Reading, 3/26/12
Every day, we poll the staff and round-up their favorite economic, financial and political reads. What we read over lunch this afternoon: Health reform, a house made of euros, and how much money interns really make.
"Health Reform at Two: Why American Health Care Will Never Be the Same," by Sarah Kliff (The Washington Post). This explainer on the Affordable Care Act came out over the weekend, but we’ll be referring to it often as the Supreme Court takes on the law this week. Also worth re-reading, as the arguments unfold: “How They Did It,” The New Republic’s inside look on the making of the controversial law.
"Not Worth the Paper It’s Built On," by Sarah Lyall (The New York Times). An unemployed Irishman built an apartment from thousands of bricks of decommissioned euros. Now he lives in his metaphor for the country’s financial woes.
"Do College Professors Work Hard Enough?" By David Levy (The Washington Post). At Montgomery College in Maryland, professors work 15-hour weeks for 30 weeks of the year — and make $88,000 on average. “Why are tuition increases the only certainty in our topsy-turvy world?” Asks web editor David Muhlbaum. Levy’s answer: Overpaid professors. “Sure to provoke a healthy backlash!” David adds.
"The True Cost of Lost Phones," by Mitch Lipka (Reuters). $7 million a day, $30 billion a year. Need we say more?
"The Intern’s Burden" (New York Magazine). New York’s long-running 100-person poll turns its attention to local interns — many of whom make absolutely no money, if this survey is any indication.
What are you reading today?