Jeff Smith: Dems Go AWOL in Class War

What the hell ever happened to populism in the Democratic Party?

A must-read piece today by Jonathan Martin asks why. [Politico]

John Y.’s Musings from the Middle: College Tuition

Right of Passage or reason for passing out?

We just received our first child’s first college tuition bill.

It’s a proud moment, to be sure. I smiled inwardly as I knelt down on the ground to steady myself and decided to stay down until the faint feeling and nausea subsided.

It’s a feeling I won’t ever forget. Mixed with great parental pride was the initial thought that passed through my head like a loud chugging locomotive that could be heard over a mile away, “We’re going to have to sell the house!”

Of course, I caught myself up, chuckled, and reminded myself of an age-old trick that always helped in situations like this, “Let it sink in before reacting” and then I knelt back down into a sitting position as the faint feeling and nausea came rushing back.

So, I waited several minutes. In fact about 30 minutes and decided to reflect calmly on this momentous occasion. My second–calmer and more reflective reaction–was we need to sell the house and I’m going to have to pick up a second job delivering pizzas for the next 4 years.

Phew!! Feeling much better now.

Map of Israeli Startups

For those of you who’ve heard the recent news about Facebook’s acquisition of Face.com, a facial recognition startup based in Israel, that’s just a tip of the melted desert iceberg.

Click here to check out a cool, interactive map of Israeli startups.

Even better, click here to review/purchase Startup Nation: The Story of Israel’s Economic Miracle.

John Y’s Musings from the Middle: Bargains

They’re baaaack…..

Like all consumer savvy Americans, I love a bargain…and up to a point enjoy hunting for good bargains.

But –on Sunday’s especially–I sometimes feel stuck in a labyrinth of coupons, rebates, sky miles, reward points, and special seasonal sales.

All I know is that all those Wall Street financail hot shots who had a role in causing the financial crises (and market meltdown) in 2008 had to turn up again somewhere after many lost their jobs.

I believe they now run the rebate/coupon programs for our leading merchandise chains and are employing the same financial slight of hand to my coupon/rebate decisions.

It’s just a gut feeling. But a pretty strong one.

Maybe there is a new service that can shop for those of us too dumb to figure out what deals are really good ones and which ones aren’t. Or at least please put out a new Dummies book on how to take advantage of these great deals. I just hate that it’s got so complicated to buy good products at competitive prices. It’s more about scissors, mailing addresses and online comparative shopping than feeling a melon for bruises at the grocery. I miss the old fashioned tangible stuff.

Can’t you financial wizards find something else to do. ; )

Krystal Ball: A Profile of Life in one of the Country’s Poorest Counties

This is a lengthy read but well worth it. Life in one of the poorest counties in the country. [The American Prospect]

Kristen Soltis: Jobs Report Shows Continuing Pain for Young Americans

This May, thousands of young Americans walked across the stage at their graduations, collected their hard-earned (and likely expensive) degrees, and promptly moved their belongings back to their parents’ houses.

They are not the first graduating class during Obama’s presidency, and they are not the first to suffer this depressing set of circumstances.

Yet last week’s jobs report offers a picture of a generation that isn’t exactly gearing up for yet another “summer of recovery.”

The seasonally adjusted unemployment rates remains high for this group, at 23.5 percent for 18–19 year olds and 12.9 percent for 20–24 year olds.

However, seasonal adjustment masks the devastating trend of increased unemployment over April’s figures for Obama’s coveted 18–29 demographic, ticking up from 11.6 percent to 12.1 percent unadjusted. (The BLS unfortunately does not release seasonally adjusted data for 25–29 year olds.)

It makes sense that an influx of young graduates hitting the job market would cause a spike in the unemployment among these groups. It isn’t surprising to see the unadjusted numbers tick up this time of year, but that doesn’t make it less troublesome for the young grad with a resume that is getting no bites.

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Kristen Soltis: Jobs Report Shows Continuing Pain for Young Americans

Jeff Smith on Bill Maher as a Mets Owner

Michael Jordan was one of the first people in pro sports to realize that politics and sports don’t mix.

When asked to endorse black Charlotte mayor Harvey Gantt in an epic 1990 Senate race against longtime civil rights opponent Jesse Helms – a nod that could’ve had a profound impact in Jordan’s home state – MJ famously declined. “Republicans buy shoes, too,” he is reported to have said.

As a Gantt supporter I was very disappointed in Jordan’s refusal to get involved, but it was probably smart business. And I suspect that the Mets may be about to learn as much.

(Cross-posted, with permission of the author, from Politico’s Arena)

John Y’s Musings from the Middle: Car Snobbery

Subtle car snobbery.
 
It’s not what the car represents as much as what it doesn’t represent about the driver.

I drive a Honda Accord and am excited because in the next few days I’m getting a new car. Another Honda Accord (only slightly pre-owned). My car purchasing is like my restaurant purchasing. I look over the entire menu each time and order exactly the same thing.

But with the Honda Accord …I’ feel kinda proud. I think it’s a perfect combination of efficiency and practically and elegance. A good fit for me…and so while I was driving earlier today I glanced around to see if there were any cars around me I could feel a little superior to.

To my left was a Ford Fusion and I locked eyes with the driver–just briefly. But long enough for his look to say to me, “Honda Accord? Nice. But I’m a little bit better in my Ford Fusion.”

 
And he got my message back, “Ford Fusion? Not bad. But I prefer the Honda Accord and think it’s just a little bit better.”

It was a mutually respectful exchange that we both could live with. I didn’t mind letting him think he’s a little better and he didn’t mind granting me the same privilege.

But then to our right barreled forward a large shiny black Mercedes-Benz. I didn’t look at my friend in the Ford Fusion. I didn’t have to. I knew what he thinking. We both were embarrassed for the guy in a Mercedes who felt so insecure he needed something that extravagant just to be noticed and to feel like he fit in.

And we both–my Ford Fusion colleague and I— felt just little superior to the guy in the Mercedes. Not because of the statement our cars made. But because of the statement they didn’t make.

I let the Mercedes pull in front of me and speed away. But kept thinking to myself, “Poor guy. He doesn’t need a Honda Accord or Ford Fusion. He needs a hug.”

Jason Grill: Flyover Country? Not this Kansas City!

Farms, cows and Dorothy? Try entrepreneurship, high tech and the arts.

The Kansas City Metropolitan area is becoming the envy of individuals on the East and West coasts who have long since considered it merely flyover country. The City of Fountains has been praised as a great place to live, work and visit for many years, but recently it is becoming a hot bed for entrepreneurial investment, high culture and the innovations of the future.

Kansas City, Missouri, is home to the world renownedKauffman Foundation. The foundation’s mission is to help individuals attain economic independence by advancing educational achievement and entrepreneurial success. The Kauffman Foundation’s focus on entrepreneurship, innovation, education, and research has helped fuel Kansas City’s global presence as an attractive place for creativity and business. Nearly 300,000 individuals from throughout the world have been part of the Kauffman FastTrac program, which has helped entrepreneurs start and grow their business. In addition to the Kauffman Foundation, the University of Missouri-Kansas City’s Institute for Entrepreneurship and Innovation Graduate Entrepreneurship Program was recently named the 2012 National Model Graduate Entrepreneurship Program by the United States Association for Small Business and Entrepreneurship (USASBE). Entrepreneurship is booming and alive in Kansas City.

The entrepreneurial spirit in Kansas City has led the city to become a national leader in technology. Google recently announced it will build its first ultra high-speed broadband network between Kansas City, Missouri and Kansas City, Kansas. Kansas City was chosen over 1,100 other cities. Google Fiber will deliver Internet speeds more than 100 times faster than what most Americans experience. The Wall Street Journal recently coined Kansas City as “Silicon Prairie” and believes that the first Google Fiber network “will likely bolster cloud-based technologies and pave the way for high-definition streaming services that will be hard to find elsewhere.” Combine this with the friendly business climate on the state and city leveland the low cost of living, and you will understand how Kansas City is gaining innovators and entrepreneurs from coast to coast.

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Jason Grill: Flyover Country? Not this Kansas City!

The RP’s Breaking News: The Politics of Pension Reform

This video of Illinois state Representative Mike Bost (R-Murphysboro) more or less speaks for itself. [Taegan Goddard’s Political Wire]

The Recovering Politician Bookstore

     

The RP on The Daily Show