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Dean BakerHuffPost |
Since Trump began his war on Iran, there have been a number of occasions where the price of oil futures tumbles just before Trump issues one of his...
Many of the Trump crew seem to be delusional about Trump accounts. They claim to believe that they will replace Social Security. It shouldn’t be a...
It doesn’t appear as though the jump in energy prices has yet had much effect on the labor market, as the economy added 115,000 jobs in April....
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Suppose there was an explosion at an oil refinery that killed hundreds of people. Presumably, there would be a major investigation to determine what...
GDP Growth Was Driven by a Jump in Federal Government Spending Spending by the federal government fell at a 16.6% annual rate in the 4th quarter. This...
GDP grew at a 2.0 percent annual rate in the first quarter, driven by large increases in investment and government spending. Non-residential...
While we wait to see whether Trump will restart his war in Iran, we can take a moment to look at the positive side. Trump has done more with this...
Trump is both an incredibly ignorant person and incredibly dishonest person. As a result, when he claims ignorance of an obvious fact it is difficult...
The only way our people-powered media model can survive is with the support of readers like you. Will you donate today to keep nonprofit journalism...
The Economist gave us a classically sloppy piece last week, telling us that we need the mega-wealthy types like Elon Musk and Mark Zuckerberg. The...
When we look at data on life expectancy, that seems like a reasonable question to ask. We can argue over the causes and mechanisms, but it is an...
I’m going back to harping on one of my favorite topics, because it is really necessary right now. The $1.5
I’m going back to harping on one of my favorite topics, because it is really necessary right now. The $1.5 trillion that Donald Trump is asking for...
Imagine celebrating the price of corn or wheat hitting a record high. That would make perfect sense if you grew corn or wheat, but it’s hard to see...
Imagine celebrating the price of corn or wheat hitting a record high. That would make perfect sense if you grew
My friend Jared Bernstein calls our attention to the rebirth of the inflation hawks. Apparently, there is a new craze among economists
With so much going on, I managed to miss the release of data on existing home sales for March. According to the National Association of Realtors, it...
With the war on Iran partially paused, this might be a good time to turn to the war on crypto. Everyone knows crypto, that giant cesspool masquerading...
Since it seems for the moment that Netanyahu and Donald Trump have stepped back from their bombing entertainment in Iran
As expected, inflation was sharply higher in March than in prior months. The overall inflation rate for March was 1.3 percent, although inflation in...
Let me be straight: the March jobs report was much better than I had expected. I always give my wife my predictions just before the report comes out,...
Let me be straight: The March jobs report was much better than I had expected. I always give my wife
Our Secretary of Defense (or War) Pete Hegseth seems to be having a really great time killing people in Iran, but his live action video games come at...
There is an effort by several progressive unions and other organizations to put a 5% wealth tax for the state’s
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
The New York Times had an interesting piece on the implications of Ozempic becoming available as a generic in India, China, and several other...
We know Donald Trump gets easily confused. During his campaign, he repeatedly insisted that he would keep us out of a war in Iran. Now, after being in...
A weather person who told us to bundle up for the cold weather, but also be sure to drink plenty of fluids to protect against the heat, would not be...
The New York Times had an interesting piece on the implications of Ozempic becoming available as a generic in India, China, and
In his recent social media diatribes, Donald Trump has complained that our allies are ungrateful for the war he has initiated against Iran. He is...
Most people have little understanding of what is big or small in the federal budget, in large part because the
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
Most people have little understanding of what is big or small in the federal budget, in large part because the media have made a conscious decision to...
Jason Furman is a very good economist, but sometimes he gets some things wrong. His NYT column, saying the Trump and Biden economies are largely the...
Fans of pet-eating migrant stories are thrilled to hear that JD Vance is heading up an anti-fraud task force operating out of the White House. As best...
President Trump and his administration have repeatedly sought to contrast the economy since the start of his term with what
President Trump and his administration have repeatedly sought to contrast the economy since the start of his term with what they claim was a...
A bit less than 20 years ago, a nationwide housing bubble collapsed, giving us the Great Recession. Millions of homeowners had their houses...
One of the things that should bother economists more than it seems to is the loud chorus of complaints about
One of the things that should bother economists more than it seems to is the loud chorus of complaints about affordability. Since wage growth has...
I’m going to give our “Secretary of War” a little credit. I will assume that even someone as openly bloodthirsty as Hegseth would not...
We all know how Trump likes to make up crazy numbers, which his lackeys then repeat. He has $18 trillion
With the country in the middle of a needless war and Trump making plans to end democracy, it seems a
With the country in the middle of a needless war and Trump making plans to end democracy, it seems a bit of a sidetrack to be talking about corporate...
There has been a lot of sloppy commentary from people who should know better about who is being hit hardest
There has been a lot of sloppy commentary from people who should know better about who is being hit hardest by the runup in oil and natural gas prices...
I hate to be giving the Trump administration excuses for a weak economy, but I do feel an obligation to call the data as I see it and not make it up...
The establishment survey showed employers shed 92,000 jobs in February, as almost every major sector shed jobs. With downward revisions to the prior...
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