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Dean Baker  (View How Many People Read This)

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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.

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Vaccination, From FlickrPhotos
SHARE More Sharing        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.
From Uploaded
(1 comments) SHARE More Sharing        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.
From InText
(3 comments) SHARE More Sharing        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.
From Uploaded
(1 comments) SHARE More Sharing        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.
Trump wants to reopen the economy May 1st., From YouTubeVideos
(2 comments) SHARE More Sharing        Saturday, April 18, 2020
It's the End of the World Economy as We Know It, Just Like the Great Recession In the case of the United States, it is helpful to have access to producers worldwide rather than being forced to just rely on domestic sources, especially since the timing and severity of the pandemic have varied greatly across countries.
Boeing $60 Billion Bailout, From YouTubeVideos
SHARE More Sharing        Monday, March 30, 2020
The Relative Generosity of the Economic Rescue Package: Boeing and Public Broadcasting Being the empathetic crew they are, Trump and the Republicans rushed to set aside a nice chunk of taxpayer dollars for Boeing in their big corporate slush fund. Boeing is slated to get $17 billion in loans to help get it through the crisis.
Trump: Anyone who wants virus test can get a test, From YouTubeVideos
(1 comments) SHARE More Sharing        Monday, March 9, 2020
Trump Bears Full Responsibility for Botched Response to Coronavirus in US Presidents always take credit for the positive things that happen on their watch, but Donald Trump has gone to a whole new level. He endlessly touted the "best economy ever," even though, under his watch, we just saw the continuation of trends from the Barack Obama years.
Presidential Candidate Mike Bloomberg, From YouTubeVideos
SHARE More Sharing        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.
Cruel Donald Trump, From YouTubeVideos
SHARE More Sharing        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.
Remembering Bill Greider, From YouTubeVideos
SHARE More Sharing        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.
What tax reform means for corporations and the middle class, From YouTubeVideos
SHARE More Sharing        Monday, December 9, 2019
Trump Is Raising Taxes on Middle-Class Consumers With His Trade War Just when many policy types thought that Donald Trump was about to wind down his trade war with China and work out a deal, he announced that he was in no rush to reach an agreement.
From InText
SHARE More Sharing        Thursday, December 5, 2019
The Big Deal in Warren's Prescription Drug Plan Drugs are almost invariably cheap to manufacture and distribute. They are expensive because government-granted patent monopolies make them expensive. We have this perverse situation where the government deliberately makes drugs expensive, then we struggle with how to pay for them.
Minimum wage workers get raises, From YouTubeVideos
SHARE More Sharing        Monday, December 2, 2019
Wages Have Risen Due to Minimum Wage Increases and the Fed's Obama-Era Policies The low current unemployment rate, coupled with minimum wage increases in many states and cities, is leading to real wage gains at the middle and bottom end of the wage ladder.
Trump HEATED EXCHANGE with the Liberal Media on the South Lawn, From YouTubeVideos
(3 comments) SHARE More Sharing        Monday, November 11, 2019
The Effort to Impeach Trump Is Not a Distraction Trump fully intends to use the power of government against his political opponents, and the current position of the Republican party is that if Donald Trump does it, it's fine.
We Need to Expand Social Security, From YouTubeVideos
(7 comments) SHARE More Sharing        Saturday, November 9, 2019
A Bold Plan to Strengthen and Improve Social Security Is What America Needs The Social Security 2100 Act proposed by Connecticut Representative John Larson is getting closer to being passed by the House of Representatives. It now has more than 200 co-sponsors. If it were to be approved and become law, it would both improve the program's benefit structure and its financial picture.
Mark Zuckerberg, From YouTubeVideos
(2 comments) SHARE More Sharing        Saturday, November 2, 2019
Mark Zuckerberg is a Rich Jerk if Facebook wants to compete with print and broadcast outlets for advertising dollars, it should be held to the same rules as these outlets. There is no justification for special treatment for rich jerks from Harvard. There is no reason to waste any effort trying to convince Mark Zuckerberg what is good for democracy.
Bureau of Labor Statistics, From WikimediaPhotos
(5 comments) SHARE More Sharing        Friday, November 1, 2019
Economy Creates 128,000 Jobs in October; Unemployment Edges Up to 3.6 Percent The economy is adding jobs at a healthy pace. There are signs of weakness in key sectors such as construction and manufacturing (even when pulling out the effect of the GM strike). Also, wage growth is surprisingly weak given the low unemployment rate, but there is no sign of a recession anywhere in sight.
Warren Medicare for All, From WikimediaPhotos
(10 comments) SHARE More Sharing        Monday, October 28, 2019
Senator Warren's Answer on Taxes and Medicare for All is Exactly Right The reporters are determined to make this a "she will raise your taxes story." This is an absurd narrowing of the issue. There is no reason that Warren should cooperate with their silly game. She is determined to talk about the substance of the issue, whether or not the reporters want to hear it.
Demonstrators hold signs in support of a financial transactions tax (FTT), also known as a Robin Hood tax., From Uploaded
SHARE More Sharing        Tuesday, October 15, 2019
The Economics and Politics of Financial Transactions Taxes and Wealth Taxes On both economic and political grounds, an FTT has far more to offer than a wealth tax. The enormous rise in inequality over the last four decades demands a serious response. But we have to make our moves carefully. A well-designed FTT fits the bill.
The impact of Trump's tariffs, trade war on the market, From YouTubeVideos
SHARE More Sharing        Monday, October 14, 2019
Trump Has Been Giving Up Ground in His Much-Vaunted "Trade War" Trump has put protecting the intellectual property of U.S. corporations front and center. This is not a battle that most of us should want to see Trump win. Ordinary workers have no real interest in making people in China and elsewhere pay more for drugs, medical equipment, software, and other items to which US companies have intellectual property claims.

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