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Dr. Dean Baker is a macroeconomist and Co-Director of the Center for Economic and Policy Research in Washington, D.C. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He received his Ph.D in economics from the University of Michigan.
SHARE Saturday, July 10, 2021 Buying Democracy in a Good Way
Democrats can get around a Republican filibuster on voting rights: make it about money. The key problem facing any voting rights measure is that the Republicans are determined to filibuster anything that limits the ability of states to suppress the vote or gerrymander congressional and legislative districts.
SHARE Monday, April 12, 2021 A Vaccine Summit: Taking the Pandemic Seriously
You might think that, after a year in which have seen millions of deaths and tens of millions of infections, and trillions of dollars in economic losses, our leaders would take the pandemic seriously. But apparently, that is too much to ask.
(3 comments) SHARE Tuesday, March 23, 2021 Are Debt Whiners Fools or Just Liars?
The debt whiners are fond of telling stories about how the debt is a burden on our children, or how the debt can lead to financial crisis and other bad things, but these claims are inventions, not economic realities.
(1 comments) SHARE Saturday, January 30, 2021 The Coronavirus Vaccine Fail and International Elites
The vaccine rollout process has been painfully slow in the United States. More than 40 days after the first vaccine was approved for emergency use by the Food and Drug Administration, just over 6.0 percent of our population has been vaccinated.
SHARE Friday, January 1, 2021 New York Times Joins Trump's Anti-China Crusade
The New York Times reported if China's leadership had responded effectively to the pandemic, it could have been quickly contained and not spread around the world. The biggest problem with this assertion is that there is evidence that the pandemic was already present in Europe before the end of 2019.
(2 comments) SHARE Tuesday, December 29, 2020 Is the Distribution of Vaccines the Biggest Trump Screw Up Yet?
Along with massive production of vaccines, they should have been pre-positioned to allow for faster distribution. We should have had major warehouses located around the country so that as soon as the FDA green-lighted a vaccine, it could quickly be delivered to hospitals and clinics in every corner of the country.
(1 comments) SHARE Saturday, December 26, 2020 Quick Note on the Federal Reserve Board
There can be little doubt that Republicans in Congress will do everything they can to sabotage the economy under President Biden. In this context, it is especially important that the Fed has the ability to take the steps necessary to counteract crises that could arise.
SHARE Tuesday, September 29, 2020 It's Not Vaccine Nationalism, It's Vaccine Idiocy
Evidence of long-term effects may not show up for years. Ideally, researchers would have enough understanding of a vaccine so that they would largely be able to rule out problems showing up years down the road, but we know they do sometimes overlook risks. In any case, the possibility of longer-term problems would still be there with a longer initial testing period.
(1 comments) SHARE Monday, August 17, 2020 Financing Drug Development: What the Pandemic Has Taught Us
The industry acknowledges the value of the research funded by the National Institutes of Health (NIH), and in fact, is the biggest lobbyist for it. But they say that if NIH were to move downstream and actually finance the development of drugs and do clinical trials, they would turn into a bunch of bureaucratic bozos who couldn't do anything right.
(3 comments) SHARE Tuesday, May 12, 2020 The Pandemic's Catastrophic Hit to the Labor Market
There is some good news in this horrible picture, 78.3 percent of the unemployed are temporary layoffs, meaning they expect to get their old jobs back. That won't always be the case, but this is much better than the opposite.
(1 comments) SHARE Wednesday, April 22, 2020 The Washington Post's Debt Cult
The Washington Post is always telling us that debt, especially government debt is bad, very bad. It's not quite sure why or how, but debt is definitely bad. This piece is desperately trying to create a problem where one does not exist.
SHARE Monday, February 24, 2020 Bloomberg's 2008 Story About the Great Recession Is Still Racist and Untrue
The fact that Bloomberg made false and pernicious remarks about the housing bubble in 2008 isn't necessarily disqualifying, but that he was so quick to look in the direction of this blame-the-victim story does not speak well for him. If he is still pushing this line now, in spite of all the evidence showing it to be wrong, then it would be very hard to take his candidacy seriously.
SHARE Monday, February 17, 2020 Trump Wants to Inflict Severe Pain on Disabled Community Just Because He Can
The "need" to strip benefits from poor and working people to help maintain the lifestyles of the Mar-a-Lago set is one of the fundamental principles of Donald Trump and the Republican Party. The rich always "need" more tax cuts, so when budget deficits get in the way, those at the middle and bottom are just going to have to sacrifice.
SHARE Tuesday, December 31, 2019 Bill Greider and Secular Stagnation
Bill Greider died on Christmas day. Greider, who was 83, was an old-time journalist who believed that the job meant exposing the corruption of the rich and powerful, rather than becoming their friends in order to get inside stories.