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Dean BakerHuffPost |
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...
I hate to be giving the Trump administration excuses for a weak economy, but I do feel an obligation to
“Abundance” has become the cool word for Democratic politics. The idea is that we need to eliminate government regulations that block housing...
If I said, “Citizens United,” every card-carrying progressive would immediately yell that it let the rich take over elections. But if we ask how,...
I often get that question. I can’t say I have a very good answer. Going back to the last bubbles, it would be difficult to identify any events in...
In keeping with his usual manner of confusing big and small, past and present, and up and down, Donald Trump
There is a widely told story among elite pundit types that the US economy is soaring ahead, and Europe’s economy
There is a widely told story among elite pundit types that the US economy is soaring ahead, and Europe’s economy is mired in stagnation. As is the...
A sharp decline in federal spending knocked 1.15 percentage points off the growth rate in the fourth quarter. Some of this was clearly due to the...
The GDP story for the 4th quarter looked much worse than was generally expected. The big factor dragging down growth
The GDP story for the 4th quarter looked much worse than was generally expected. The big factor dragging down growth was a 16.6% drop in federal...
One of the issues that bothered many economists, including me, were the complaints that people were falling behind — even as the data on wages and...
It would be hard to overstate Jesse Jackson’s importance in opening up American politics and society, not just to Black
We’re witnessing a full-scale collapse in the journalism industry at the very moment accountability is needed most. Common Dreams remains one of the...
It would be hard to overstate Jesse Jackson’s importance in opening up American politics and society, not just to Black Americans, but also to...
Like most analysts, I was surprised by the January jobs report. It was definitely stronger than I expected. Now that I have had a day to reflect on...
We are used to the fact that Donald Trump and his top appointees lie all the time about almost everything.
We are used to the fact that Donald Trump and his top appointees lie all the time about almost everything. And these lies do have real consequences....
The employment report for January was better than had generally been expected, with the economy adding 130,000 jobs. As has
I continually get people asking me questions and sending me articles about how the dollar might lose its status as the world’s reserve currency and...
This country has had some bad presidents, but it’s a bit hard to imagine a president whose main goal is to put his name on things and who would...
This country has had some bad presidents, but it’s a bit hard to imagine a president whose main goal is to put his name on things and who would...
We all know that Donald Trump lies all the time about almost everything. But just for fun, it can be
Since everyone seems to be weighing in on why the Supreme Court is waiting so long to issue its ruling
We all know that Donald Trump lies all the time about almost everything. But just for fun, it can be interesting to imagine he is telling the truth....
Given current realities, it’s hard to turn away from the immediate economic and political situation, but sometimes an overflow of ignorance demands...
I have already written several pieces on the AI bubble. It sure looks like the late 1990s tech bubble. I know we have a big “this time is...
You have to give Donald Trump some credit. He was making plenty of money selling pardons, ripping off Venezuela’s oil, and selling seats on his...
Before I go further here, let me qualify everything I’m saying here with a warning: I have no crystal ball
Before I go further here, let me qualify everything I’m saying here with a warning: I have no crystal ball from which to give people investment...
I’m not in the habit of touting central bankers as heroes, but Mark Carney definitely hit a home-run in his speech at Davos. He called out Donald...
I have made no secret of my dislike of patent monopolies. I consider them a very inefficient way to finance
Donald Trump does not appear to be backing down from his obsession with seizing a big chunk of real estate in the form of Greenland. He now is set on...
Donald Trump keeps saying that foreigners are paying his tariffs. He talks as though he thinks China, Japan, and other
Donald Trump is taking his demented dreams to a new level in his quest to take over Greenland. The man who whined over not getting a Nobel Prize and...
Donald Trump keeps saying that foreigners are paying his tariffs. He talks as though he thinks China, Japan, and other trading partners are sending...