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Dean BakerHuffPost |
Donald Trump seems to be doing everything possible to show his contempt for ordinary working people, many of whom voted for him last fall. Just after...
It is infuriating to see the media and politicians, including Democratic ones, refer to some of Trump’s campaign promises as
It is infuriating to see the media and politicians, including Democratic ones, refer to some of Trump’s campaign promises as “populist” tax...
The Republicans’ big tax and spending bill has all sorts of gifts – almost all of them for the rich.
That’s the question Republicans in Congress will be debating as they struggle to put Donald Trump’s “Big Beautiful Bill (BBB)” in final form...
Sorry, I’ve been on the road, so not much time for writing. I did want to quickly mention a couple of points about the data on consumption for May...
The number of new unemployment insurance claims edged down last week to 236,000. This brought the four-week average to 245,000,
The number of new unemployment insurance claims edged down last week to 236,000. This brought the four-week average to 245,000, just over 4.0 percent...
Many of us have been following the inflation data closely for evidence of Trump’s tariffs. Along with most other economists
Just as we are waiting for more evidence on where the tariffs are hitting, we are also waiting for clearer evidence of the impact of Trump’s mass...
Many people might have seen the tweet from the person who posts under the name “ThePatriotOasis,” which claimed that Minnesota Governor Tim Walz...
The release of the 2025 Social Security Trustees Report led to lots of hyperventilating in the media as well as dire warnings about the program facing...
The New York Times gave us an analysis piece on Iran by Roger Cohen, a longtime reporter who covered Iran for the paper more than a decade ago. The...
While everyone is talking about the Republicans’ big tax cuts for Elon Musk and other billionaires, he also is hitting
Continuing claims have been on a modest upward path since last summer, but we just saw a big jump in
Continuing claims have been on a modest upward path since last summer, but we just saw a big jump in last week’s data. The levels are still not...
Elon Musk put his tail between his legs and apologized to Donald Trump. In a tweet on X, Musk said, “I regret some of my posts about President...
The World Bank came out with its updated projections for economic growth for 2025. They showed slower growth for pretty much the
The May jobs report indicated that the labor market is still solid, even if there are some concerning signs like
The May jobs report indicated that the labor market is still solid, even if there are some concerning signs like the rise in unemployment among Black...
Most coverage of the May jobs data said the picture was pretty good, an assessment with which I largely concurred. The
Most coverage of the May jobs data said the picture was pretty good, an assessment with which I largely concurred. The economy added 139,000 jobs and...
In the 22 years of the program’s existence it has saved tens of millions of lives. It also has also allowed for these countries to have some chance...
If bosses want to force workers to put in extra hours, then they should be the ones who pick up the tab, not taxpayers.
Since “abundance” is apparently the in-thing, I thought I should get in on the act. At the onset, I will admit I don’t have much new to offer to...
Remember when Donald Trump was worried about our trade deficit? Yeah, that must have been days ago. But anyhow, as I and others have pointed out, the...
Donald Trump makes little effort to hide his plans to give ever more money to rich friends. He has made
The Abundance Boys are the latest intellectual fad in elite policy circles. The basic idea pushed by Yoni Appelbaum, Ezra
There is no “the” vaccine. There are at least two mRNA vaccines (Moderna and Pfizer) and a number of different non-mRNA vaccines. In the United...
When he was elected last fall, Donald Trump was the darling of the business community. He promised to get rid
When he was elected last fall, Donald Trump was the darling of the business community. He promised to get rid of pesky regulations that protect...
I really did not want to waste my time writing about David Brooks just now. When Donald Trump is threatening democracy, the rule of law, and just...
Donald Trump seems to have even more trouble staying focused these days than usual. People may recall back to April
Donald Trump seems to have even more trouble staying focused these days than usual. People may recall back to April 2 — which Trump declared as...
Remember back to the early days of DOGE when Elon Musk was telling us he would eliminate $2 trillion in
No one ever accused Donald Trump of knowing much about the economy. That fact comes through loud and clear in
No one ever accused Donald Trump of knowing much about the economy. That fact comes through loud and clear in his tax cut proposals. In addition to...
our government already pays enough for national health insurance. Federal, state, and local governments will pay more than $8,500 a person this year...
For folks who have not followed the Elon Musk-DOGE clown show, their main exhibit is the so-called “Wall of Receipts”
Trump decided that he wants the drug companies to charge people in the United States less for prescription drugs. His
Some years back, when Obama was trying to push through the Trans-Pacific Partnership (TPP), I was giving a talk on
Tariffs are a tax that a country imposes on itself. It imposes costs in the same way that a tax on gas or beef imposes costs. Tariffs can also harm...
People in cults often find it nearly impossible to get outside the cult outlook on the world. This is very
People in cults often find it nearly impossible to get outside the cult outlook on the world. This is very much true of the leading intellectuals in...
Donald Trump is not very good with arithmetic, but that is not a reason the rest of us should not
Donald Trump is not very good with arithmetic, but that is not a reason the rest of us should not use it. The US economy shrank at 0.3 percent annual...
The Washington Past had an interesting piece about the rare manufacturing company that is largely unharmed by Donald Trump’s tariffs. The
Way back on his April 2 “Liberation Day,” (it feels like a long time ago), Donald Trump released a set
Way back on his April 2 “Liberation Day,” (it feels like a long time ago), Donald Trump released a set of “reciprocal” tariffs. These tariffs...
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