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- calculatedrisk (Calculated Risk)
Words: bank, unemployment, rate, fed, stimulus
Topics: Unemployment, FDIC, United States, Economic Recession, Barack Obama
- mark j. perry (ETF Investor)
Words: insurance, health, rate, care, recession
Topics: Unemployment, United States, Economic Recession, Barack Obama, China
- ajstrata (The Strata-Sphere)
Words: obama, stimulus, care, health, unemployment
Topics: Barack Obama, Unemployment, Economic Stimulus, U.S. Congress, United States
- frank ahrens (The Washington Post)
Words: obama, post, bank, dollars, government
Topics: Unemployment, United States, Barack Obama, Wall Street, U.S. Congress
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Articles Written by: DEAN BAKER
Who is This?
Dean Baker "is a macroeconomist and Co-Director of the Center for Economic and Policy Research in Washington, DC. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He has written numerous books and articles relating to US economic policy and the macroeconomy. His book Getting Prices Right: The Battle Over the Consumer Price Index (M.E. Sharpe, 1997) was a winner of a Choice Book Award as one of the outstanding academic books of the year. He has worked as a consultant for the World Bank, the Joint Economic Committee of the U.S. Congress, and the OECD's Trade Union Advisory Council. His columns have appeared in many major media outlets including the Atlantic Monthly, the Washington Post, and the London Financial Times. Baker received his Ph.D in economics from the University of Michigan."
Congress is now debating a financial reform bill that is supposed to prevent this sort of disaster from ever happening again. Leaders in Congress are promising us tough measures that will put an end to "too big to fail" institutions and the other ...
The country is being bombarded with stories claiming that record budget deficits threaten our children's future and jeopardize the credibility of the dollar. These stories are a serious problem - they have hugely confused the public about the nature of ...
That is one can logically conclude from his complaint that 43 percent of federal government expenditures go to Social Security, Medicare, and Medicaid, programs that disproportionately benefit the elderly. The reason that a disproportionate share of ...
From DEAN BAKER,
Beat the Press,
23 Nov 2009
The NYT published a column by Edward Niedermayer, the editor of the Web site The Truth About Cars, which claimed that the government was unlikely to recoup much of its investment in General Motors. The piece dismisses the idea that GM stock could ever ...
From DEAN BAKER,
Beat the Press,
23 Nov 2009
The Washington Post told readers that: "according to the Congressional Budget Office, a government plan as outlined in both the Senate and House bills would cost more than private coverage and, as a result, attract few customers." It would have been ...
From DEAN BAKER,
Beat the Press,
23 Nov 2009
That might not sound scary to most people, but this was the punch line of a front page NYT news story that included all sorts of unsupported assertions about the crisis posed by the government debt.
"Even as Treasury officials are racing to lock in ...
From DEAN BAKER,
Beat the Press,
22 Nov 2009
Wall Street would have benefited from a tax giveaway. Goldman would have paid Fannie less than 100 cents on the dollar for its tax credits. This means that the taxpayers would have effectively been handing Goldman money (the difference between what it ...
From DEAN BAKER,
Beat the Press,
22 Nov 2009
Parade Magazine decided to subject tens of millions of readers of its Sunday newspaper insert to an anti-Social Security diatribe headlined: "Can We Save Social Security?" Since Social Security is not in any real danger this headline would be like ...
From DEAN BAKER,
Beat the Press,
21 Nov 2009
To make this fact more newsworthy, CNN Money decided to say some things that were untrue and some that were meaningless. In the untrue category we get the shocking fact in the subhead that: " the interest Americans will have to pay to keep the country ...
From DEAN BAKER,
Beat the Press,
20 Nov 2009
That is what Alan Blinder tells us in a Washington Post column today. Blinder tells us that the vast majority of academic economists and people in the financial industry oppose efforts to make the Fed more accountable to Congress. (He also bizarrely ...
From DEAN BAKER,
Beat the Press,
20 Nov 2009
