* We keep hearing that Obama and Dems risk losing the middle if they whisper anything remotely supportive of Occupy Wall Street, but that Time poll also finds that the protests are viewed favorably by 55 percent of independents.

* With Elizabeth Warren’s alleged elitism becoming an issue in the Senate race — Republicans continually call her “Professor Warren,” and Scott Brown recently contrasted her with his education in the school of “hard knocks” — Warren has released a video of her telling her own story:

The vid underscores the degree to which her bio will be central to the race — and the degree to which her success will turn on her ability to parry Republican efforts to paint her as another snooty coastal liberal elitist who knows better than you how to spend your money. Note in particular her explanation for how she ended up in Massachusetts — her out of state roots are also expected to be an issue — and the linking of her story to her anger over what’s happened to the middle class, the central rationale of her candidacy.

* Air cover for the American Jobs Act: AFSCME is launching another TV ad blitz targeting multiple House Republicans across the country and urging support for Obama’s jobs bill.

It’s another sign his jobs push is repairing relations with labor and will give outside allies something to rally around, even if the GOP continues to block action.

* Steve Benen has a nice takedown of the idea, being pushed by Chuck Schumer and apparently embraced by other Dems, of a jobs “compromise” with Republicans that would pair a national infrastructure bank with a corporate tax holiday.

* Senate Republicans introduce their own jobs bill, and David Fahrenthold and Rosalind Helderman explain why it’s “largely a repackaging of long-stated Republican priorities.”

* Digby has a smart explanation for why Occupy Wall Street polls so well: “considering how amorphous the Occupy Wall Street movement is, I think one has to conclude that it’s the name and the target that people agree with.”

* Even if you dispute the Time poll, Chris Bowers makes a key point:

Thus far there is a consensus among pollsters that at least a plurality of Americans view Occupy Wall Street favorably. By contrast, all recent polls have shown that at least a plurality of Americans view the tea party unfavorably.

* John Judis and Jonathan Cohn urge liberals to embrace Occupy Wall Street, and put the tensions in the larger context of the complicated relationship between liberals and the left that stretches back a century. Also key:

Along with Elizabeth Warren’s fledgling Senate campaign in Massachusetts and the continuing protest against autocratic government in Ohio and Wisconsin, they represent a genuine spark of grassroots political action — a chance, finally, to redeem the promise of Obama’s 2008 campaign. We have to make sure we don’t squander it.

* But national Dems are warily asking themselves if they can successfully tap the energy of a movement that is fueled by anger at both parties and their closeness to Wall Street.

* Nancy Pelosi urges the deficit supercommittee to put jobs creation at the forefront of the agenda, because creating jobs is the best way to reduce the deficit, and it remains amazing that this needs to be restated again and again.

* Never mind government regulation or Obamacare. Paul Krugman on a new study suggesting a rather different cause of economic uncertainty in recent months:

[W]hat really sent it sky-high was the debt ceiling dispute. So you could argue that the real policy uncertainty here isn’t fear of that socialist Islamic atheist in the White House; it’s fear of Republican hostage-taking.

* Taegan Goddard flags a key Rush Limbaugh quote that could loom large in the GOP primary: “Romney is not a conservative. He’s not, folks. You can argue with me all day long on that, but he isn’t.”

* And the history lesson of the day: Do conservatives who attack the New Deal have even the foggiest sense of what it actually accomplished?