Cheap Advice for the Fed

The question for the Fed is whether it has to worry more about inflation or a weak labor market. Last week’s data indicate both are real concerns,...

yesterday 10

Dean Baker

Trump, Pulte, and Lisa Cook: Rich People Lie, Consequences are for Others

A few weeks back, Bill Pulte, the Federal Housing Finance Agency Director (FHFA) and the billionaire heir to a housing construction firm, claimed to...

previous day 10

Dean Baker

Japan and Korea Should Hand Money to their Exporters Rather than Donald Trump

Donald Trump has been boasting about his trade deals with Japan and Korea, where in exchange for buying down the taxes on their imports from 25...

monday 10

Dean Baker

Japan And Korea Should Hand Money To Their Exporters Rather Than Donald Trump – OpEd

Donald Trump has been boasting about his trade deals with Japan and Korea, where in exchange for buying down the

13.09.2025 5

Dean Baker

Trump Goes Full MAGA On Jobs For Black Workers – OpEd

Donald Trump has made no secret of his longing for a time when discrimination against Black people was not just

12.09.2025 5

Dean Baker

Trump Goes Full MAGA on Jobs for Black Workers

Donald Trump has made no secret of his longing for a time when discrimination against Black people was not just common, but totally legal. His...

11.09.2025 50

Dean Baker

Trump Goes Full MAGA on Jobs for Black Workers

Donald Trump has made no secret of his longing for a time when discrimination against Black people was not just common, but totally legal. His...

10.09.2025 20

Dean Baker

Fewer Immigrants Means Fewer Workers, Less Growth – OpEd

One of the releases from the Bureau of Labor Statistics (BLS) that gets relatively little attention is its annual projections

06.09.2025 5

Dean Baker

The Real Scandal Here Is Bill Pulte, Not Lisa Cook

05.09.2025 2

Dean Baker

Fewer Immigrants Means Fewer Workers, Less Growth

One of the releases from the Bureau of Labor Statistics (BLS) that gets relatively little attention is its annual projections for growth in employment...

05.09.2025 10

Dean Baker

The Rich Wrote The Laws So That They Get All The Money, While The Left Was Sleeping – OpEd

I endlessly hear people complaining that we should tax billionaires, which we should. But the more fundamental question that is

05.09.2025 4

Dean Baker

The Rich Wrote the Laws So that They Get all the Money, While the Left Was Sleeping

I endlessly hear people complaining that we should tax billionaires, which we should. But the more fundamental question that is rarely asked is, why...

04.09.2025 60

Dean Baker

What the Fast Food Spending Index Says About Consumer Sentiment in the US

I have been obsessing on fast food since the days when the pundits told us to ignore the data showing rising real wages, people can’t make ends...

02.09.2025 30

Dean Baker

Being a Reserve Currency is Not a Zero-One Proposition

There is a huge amount of silliness around the dollar’s status as the world’s leading reserve currency. “Leading” is the key word in that...

01.09.2025 10

Dean Baker

MAGA 2.0: Making China Great Again

In Donald Trump’s make-believe world prices are falling, the economy is booming, he is bringing peace all around the world, and gas costs less than...

27.08.2025 10

Dean Baker

Putting Universal Medicare Front and Center

At a time when we don’t know if we will have real elections in 2026 and 2028, it may seem a bit absurd to be plotting an agenda for Democrats, but...

26.08.2025 10

Dean Baker

Trump Corruption and the Governor Lisa Cook Mortgage Case

Trump has rapidly turned the US government into an authoritarian cesspool. His latest plunge into the muck is the effort to force Federal Reserve...

25.08.2025 10

Dean Baker

If the Dems Want to Beat Trump, They Should Embrace Medicare for All

24.08.2025 4

Dean Baker

Quick Thoughts on the Economy: Slowing Growth Until the Stock Market Crash

GDP grew at a 1.2 percent annual rate in the first half of the year — that is down sharply from its 2.5 percent rate in 2024. It is not hard to...

21.08.2025 10

Dean Baker

Dumb, Dumber, and Dumbest: Native Born Employment is Not Surging

I can’t believe we have to debate some things, but with Trump you never know how ridiculous the discussion can get. The Washington Post tells us...

20.08.2025 10

Dean Baker

The Unemployment Rate for Black Workers Rises Sharply

One of the little noted accomplishments of the Biden years was bringing down the unemployment rate for Black workers to 4.8 percent in April of 2023....

18.08.2025 20

Dean Baker

Trump Wants to Make It More Expensive to Buy a Home: Privatizing Fannie and Freddie

In Washington no bad idea stays dead long. Therefore it should not be surprising that Donald Trump is planning to move forward with plans to privatize...

14.08.2025 10

Dean Baker

Privatizing Freddie and Fannie Is Another Trump Scheme to Make the Rich Richer

13.08.2025 10

Dean Baker

Trump’s Craziness on BLS

Donald Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer because he said she rigged the numbers to make him look bad. There is an...

13.08.2025 10

Dean Baker

The Impact of Trump Tariffs on the Trade Deficit

It is always dangerous to try to get into Donald Trump’s head, and there probably is not much point to the exercise, but Trump says the purpose of...

12.08.2025 10

Dean Baker

In Trump’s Competition with China, China is Winning

Donald Trump doesn’t have much interest in numbers and the real world, but that is where the rest of us live so it is worth checking in...

11.08.2025 20

Dean Baker

Trump’s Team of Cowards

Donald Trump’s decision to fire Erika McEntarfer, the commissioner of the Bureau of Labor Statistics (BLS), brought his administration to a new...

07.08.2025 10

Dean Baker

Remember When the Democrats Lost the Elections Because of Fears About Inflation? The NYT Doesn’t

As usual, the New York Times gets things exactly wrong in a piece headlined “Trump’s Tariffs are Making Money. That May Make Them Hard to Quit.”...

06.08.2025 10

Dean Baker

The Proud Republican History of Paranoia and Anti-Semitism About Government Statistics

Donald Trump’s decision to fire Erika McEntarfer, the Commissioner of the Bureau of Labor Statistics (BLS), brings back memories of Richard...

05.08.2025 10

Dean Baker

The Jobs Report: Why July Was Bad News

I always caution not to make too much of a single report or single month’s data, but I think we can look at the July report and say it was...

04.08.2025 10

Dean Baker

Trump’s Craziness On The Fed – OpEd

The second quarter GDP report came in roughly in line with expectations. The surge in imports from the first quarter

02.08.2025 7

Dean Baker

Bringing Back Stagflation, Lower Growth, and Higher Prices

01.08.2025 5

Dean Baker

Reality Check: The Hard Economic Data Are Not Good – OpEd

I was listening to this NPR piece on the continuing rise in the stock market Sunday morning and was struck to hear

01.08.2025 10

Dean Baker

Reality Check: The Hard Economic Data Are Not Good

I was listening to this NPR piece on the continuing rise in the stock market Sunday morning and was struck to hear this: “Despite the concerns about...

31.07.2025 10

Dean Baker

When It Comes To Tariffs And Trade, Trump Is Not Playing With A Full Deck

Trump often makes allusions to card playing when discussing his negotiations on various issues, but in the case of trade,

30.07.2025 10

Dean Baker

When It Comes to Tariffs and Trade, Trump Is Not Playing with a Full Deck

Trump often makes allusions to card playing when discussing his negotiations on various issues, but in the case of trade, it seems he is the one...

29.07.2025 10

Dean Baker

The Midsummer Economy: Going Downhill Slowly

It’s easy to look at the Trump administration and point to all the serious economic mistakes it is making. However, economic mistakes do not...

23.07.2025 20

Dean Baker

‘Crypto’ Is Silicon Valley Speak For Waste, Fraud, And Abuse – OpEd

The Republicans in Congress, along with many Democrats, are rushing ahead with legislation to promote crypto currencies in various ways.

23.07.2025 7

Dean Baker

“Crypto” is Silicon Valley Speak for Waste, Fraud, and Abuse

The Republicans in Congress, along with many Democrats, are rushing ahead with legislation to promote crypto currencies in various ways. Their...

22.07.2025 20

Dean Baker

Contrary To What Trump Tells You, Higher Tariffs Mean Higher Prices – OpEd

Donald Trump is putting in place the largest tax increase in the country’s history with his big import taxes (tariffs).

22.07.2025 4

Dean Baker

Contrary to What Trump Tells You, Higher Tariffs Mean Higher Prices

Donald Trump is putting in place the largest tax increase in the country’s history with his big import taxes (tariffs). We won’t know the full...

21.07.2025 10

Dean Baker

Trump Hits Amazon With 50 Percent Tariffs – OpEd

Since we seem to again be in a tariff-crazy phase of Donald Trump’s presidency, it is worth explaining the meaning

18.07.2025 5

Dean Baker

Trump Hits Amazon with 50 Percent Tariffs

Since we seem to again be in a tariff-crazy phase of Donald Trump’s presidency, it is worth explaining the meaning of a tariff so that even Treasury...

17.07.2025 30

Dean Baker

Trump Confuses Telling Blatant Lies With a Straight Face With Competence

We all know and expect that a president’s top appointees are picked in large part because of their willingness to carry out a president’s agenda....

16.07.2025 10

Dean Baker

Cheap Drugs Matter: Why Make Them More Expensive With Patent Monopolies?

Drugs are almost invariably cheap to manufacture and distribute. It would be rare that a drug would sell for more than $30 per prescription without a...

15.07.2025 20

Dean Baker

Message to Trump: Incompetence Is Not Virtue. Also, People Will Die

14.07.2025 4

Dean Baker

Trumpian Excuses on the Texas Flood Deaths

Donald Trump may not be very good at running things, but when it comes to shifting blame, he is truly world class. As the magnitude of the disaster in...

14.07.2025 20

Dean Baker

From Texas to Covid, Trump Washes His Hands of Deaths on His Watch

10.07.2025 3

Dean Baker

Trump’s Tariffs and Price Gouging Restaurants

There is a simple problem professors sometimes challenge their intermediate econ students with on the first day of class. Popular restaurants often...

10.07.2025 20

Dean Baker

Days After Giving Big Tax Cuts To Billionaires, Trump To Hit Workers With $2 Trillion Tax Increase – OpEd

Donald Trump seems to be doing everything possible to show his contempt for ordinary working people, many of whom voted

10.07.2025 5

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Cheap Advice for the Fed

Dean Baker

Trump, Pulte, and Lisa Cook: Rich People Lie, Consequences are for Others

Dean Baker

Japan and Korea Should Hand Money to their Exporters Rather than Donald Trump

Dean Baker

Japan And Korea Should Hand Money To Their Exporters Rather Than Donald Trump – OpEd

Dean Baker

Trump Goes Full MAGA On Jobs For Black Workers – OpEd

Dean Baker

Trump Goes Full MAGA on Jobs for Black Workers

Dean Baker

Trump Goes Full MAGA on Jobs for Black Workers

Dean Baker

Fewer Immigrants Means Fewer Workers, Less Growth – OpEd

Dean Baker

The Real Scandal Here Is Bill Pulte, Not Lisa Cook

Dean Baker

Fewer Immigrants Means Fewer Workers, Less Growth

Dean Baker

The Rich Wrote The Laws So That They Get All The Money, While The Left Was Sleeping – OpEd

Dean Baker

The Rich Wrote the Laws So that They Get all the Money, While the Left Was Sleeping

Dean Baker

What the Fast Food Spending Index Says About Consumer Sentiment in the US

Dean Baker

Being a Reserve Currency is Not a Zero-One Proposition

Dean Baker

MAGA 2.0: Making China Great Again

Dean Baker

Putting Universal Medicare Front and Center

Dean Baker

Trump Corruption and the Governor Lisa Cook Mortgage Case

Dean Baker

If the Dems Want to Beat Trump, They Should Embrace Medicare for All

Dean Baker

Quick Thoughts on the Economy: Slowing Growth Until the Stock Market Crash

Dean Baker

Dumb, Dumber, and Dumbest: Native Born Employment is Not Surging

Dean Baker

The Unemployment Rate for Black Workers Rises Sharply

Dean Baker

Trump Wants to Make It More Expensive to Buy a Home: Privatizing Fannie and Freddie

Dean Baker

Privatizing Freddie and Fannie Is Another Trump Scheme to Make the Rich Richer

Dean Baker

Trump’s Craziness on BLS

Dean Baker

The Impact of Trump Tariffs on the Trade Deficit

Dean Baker

In Trump’s Competition with China, China is Winning

Dean Baker

Trump’s Team of Cowards

Dean Baker

Remember When the Democrats Lost the Elections Because of Fears About Inflation? The NYT Doesn’t

Dean Baker

The Proud Republican History of Paranoia and Anti-Semitism About Government Statistics

Dean Baker

The Jobs Report: Why July Was Bad News

Dean Baker

Trump’s Craziness On The Fed – OpEd

Dean Baker

Bringing Back Stagflation, Lower Growth, and Higher Prices

Dean Baker

Reality Check: The Hard Economic Data Are Not Good – OpEd

Dean Baker

Reality Check: The Hard Economic Data Are Not Good

Dean Baker

When It Comes To Tariffs And Trade, Trump Is Not Playing With A Full Deck

Dean Baker

When It Comes to Tariffs and Trade, Trump Is Not Playing with a Full Deck

Dean Baker

The Midsummer Economy: Going Downhill Slowly

Dean Baker

‘Crypto’ Is Silicon Valley Speak For Waste, Fraud, And Abuse – OpEd

Dean Baker

“Crypto” is Silicon Valley Speak for Waste, Fraud, and Abuse