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Prospect Weekend Reads
Week of August 7th
Stories from the week you don't want to miss!
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The Great American Hospital Shell Game
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The share price of Medical Properties Trust, which has a large portfolio
of hospitals, is half as much now as it was at this time last year. As
Maureen Tkacik explains, this is in part because of a pattern of dubious
financial deals with some of its largest tenants.
The Small Town That's Connecting America
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Hickory, North Carolina was once the furniture capital of the world.
Now, in a Bidenomics success story, it is home to nearly half the
country's fiber-optic cable production. Ramenda Cyrus has the story.
It's Natural That People Feel Bad About the Economy Right Now
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The American economy is rebounding, but most Americans still have a
negative view of the economy. Read David Dayen on how that disconnect
isn't really a disconnect, but a time lag as inflation decelerates.
Biden Admin to Restore Labor Rule Gutted in 1980s
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This rule change could raise the salaries of the lowest-paid workers on
infrastructure ranging from highways and bridges to battery plants,
hydrogen production facilities, and semiconductor fabs. Lee Harris has
the story.
Making a Federal Case out of Remote Work
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The Biden White House and some congressional leaders want federal
employees back in their offices, but as Gabrielle Gurley writes, remote
work and flexible schedules are here to stay.
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