Your Prospect Weekend Reads Week of May 9th Stories from the week you don’t want to miss!
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White House Domestic Policy Adviser Susan Rice speaks at an event to announce plans to address racial and ethnic bias in home valuations, in the South Court Auditorium on the White House campus, March 23, 2022, in Washington.
Susan Rice Criticized for Creating 'Abusive and Dehumanizing' Workplace: Current and former White House officials have accused Domestic Policy Council Director Susan Rice of creating an abusive workplace. Daniel Boguslaw and the Revolving Door Project investigated Rice's tenure and what it means for the Biden Administration.
Monopolies and the Baby Formula Shortage:Did you know just four corporations sell almost 90 percent of baby formula in the United States? Executive Editor David Dayen wrote about the baby formula shortage that's affecting families nationwide and how supply shocks have created this crisis.
Heads I Win, Tails You Lose for Global Elites: Recession or no recession, Wall Street's wealthiest investors are positive they'll continue to profit. Read Lee Harris's roundup of this year's prestigious Milken Institute Global Conference. Biden and the Inflation Trap:
You wouldn't know it from the headlines, but Democrats have a plan to address inflation and Republicans don't. Don't miss co-founder and co-editor Robert Kuttner on what President Biden can do to change the conversation around inflation. Economic Stimulus Works: We may have some inflation now, but that only proves that stimulus works, writes Managing Editor Ryan Cooper. Read more on what we can learn from the Obama Administration's undersized federal stimulus in the wake of the 2008 recession.