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There’s a common misconception that unemployment insurance uniformly lasts 99 weeks. Not so! From a new Center on Budget Policy Priorities report:

It is time to answer two questions:

Sixteen years ago, when Bill Clinton signed a harsh welfare reform law, one upside seemed to be that U.S. society could move past the endless, polarizing debate about welfare dependency.

Ben Protess made an interesting comparison today in a DealBook article on the rise of CFTC Chief Gary Gensler and the agency's successful work on the LIBOR rate fixing scandal:

Investors who were paying attention got a cold slap of reality this spring when the progressive think tank Demos released a study showing that the median household could expect to pay more than $150,000 in 401(k) fees over the course of a working lifetime, or about a third of potential investment

Pennsylvania state court judge Robert Simpson refused to issue a preliminary injunction against the state’s controversial voter ID legislation today, despite allegations that the law was discriminatory and passed for partisan gain.

Ben Protess made an interesting comparison today in a DealBook article on the rise of CFTC Chief Gary Gensler and the agency's successful work on the LIBOR rate fixing scandal:

New evidence from the New York Fed suggests that New York’s middle class has continued its slow and seemingly inexorable decline. Coauthors Jason Bram and the James Orr unwittingly reach this conclusion in their exploration of the tension between New York’s record number of jobs and its record

Summertime in an election year in Colorado always has a certain excitement. Candidates marching in parades, petitioners gathering signatures at festivals ... some years we even get regular visits from the presidential candidates. Coloradans experience democracy in action well before Election Day.

More evidence this morning that the rich are doing swell.