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Dean BakerHuffPost |
Key Takeaways: A coalition of progressive groups, led by the huge union SEIU-UHW, managed to get a one-time 5 percent
A coalition of progressive groups, led by the huge union SEIU-UHW, managed to get a one-time 5 percent wealth tax on the ballot this fall. The tax...
Key Takeaways: Trump is asking for $1,500,000 million for the military for next year. That’s close to $600 billion (adjusted
Key Takeaways: I happened to look at the Case-Shiller house price index, and I was struck by something that seems
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I happened to look at the Case-Shiller house price index, and I was struck by something that seems to be getting very little attention. It’s...
As we all know, Donald Trump likes to play the tough guy. Unfortunately, he often does it in really foolish ways, and this time I’m not talking...
Key Takeaways: Until a couple of months ago, we could get a dose of humor to help us get through
Don’t worry folks, we’re keeping our PG rating here. I’m talking about GDP. I had some people question my line in yesterday’s post that...
Until a couple of months ago, we could get a dose of humor to help us get through the craziness, cruelty, and corruption of the Trump administration....
Key Takeaways: The rich almost completely control debate in this country. There is no better proof of this fact than
The rich almost completely control debate in this country. There is no better proof of this fact than the current debate over the future of Social...
Key Takeaways Since 1983, the Consumer Price Index (CPI) has used a rental equivalence measure for owner-occupied housing. This is
Since 1983, the Consumer Price Index (CPI) has used a rental equivalence measure for owner-occupied housing. This is supposed to measure the rent that...
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Most discussion of industrial policy is a bit otherworldly. It is treated like something we can either do or not do, as though there is an on-off...
Key Takeaways: Since I keep hearing people singing the praises of the possibility of left-right collaboration over the idea of
Donald Trump has made reducing the trade deficit a centerpiece of his economic agenda. As he has put it, the deficit means foreigners are ripping us...
Key Takeaways I’m serious, and this is not just my disgust with everything Trump. There is no good reason for
The tax-sheltered account route favors higher-income people. Over a quarter of households owe no income tax, meaning they would get no benefit...
Key Takeaways I usually find Claire Cain Miller’s pieces in the New York Times very useful, but her piece on Trump accounts
I usually find Claire Cain Miller’s pieces in the New York Times very useful, but her piece on Trump accounts badly misled readers in three ways....
The June jobs report gave a decent picture on jobs growth, even if there were somewhat fewer jobs than most
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
The June jobs report gave a decent picture on jobs growth, even if there were somewhat fewer jobs than most analysts had predicted. At 57,000, the...
I usually find Claire Cain Miller’s pieces in the New York Times very useful, but her piece on Trump accounts badly misled readers in three ways....
People’s negative assessments of the economy continue to be somewhat of a mystery. The recent run-up in gas prices and
People’s negative assessments of the economy continue to be somewhat of a mystery. The recent run-up in gas prices and inflation more generally is...
For the last several years I’ve been using real spending at fast food restaurants as a gauge for assessing how the non-rich are feeling about their...
For folks who might have missed it, abundance is the cool trend in politics these days. It got started with the book Abundance, which was co-authored...
Here are the price-to-earnings ratios as of Friday, June 19. At 37.16, the average increased slightly over last week. Most of us tend to think that...
Remember Elon Musk running around in his DOGE garb with sunglasses and a chainsaw? The Republicans are hoping that you don’t. The ostensible point...
I was not an Alan Greenspan fan, but I will give him some serious credit on his passing. I’ll also give him serious blame for missing two huge...
Common Dreams is funded exclusively by readers tired of news beholden to corporate interests. Our monthly supporters are the backbone of what makes...
This week was the first meeting under new Fed Chair Kevin Warsh of the Federal Reserve Board’s Open Market Committee (FOMC). Warsh has promised to...
SpaceX headquarters, Bolsa Chica, Texas. Photo: Alexander Hatley, Wikimedia Commons. CC BY 2.0Last week was a big one for the AI bubble. SpaceX had...
I know I promised inflation talk, but I forgot to check the timing of the release of the Import Price Index, which will not be out until Tuesday. So,...
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The inflation data released yesterday and today were bad and worse. The CPI increased 0.5 percent in May, while the core rose 0.2 percent. That...
The release of the 2026 Social Security Trustees Report got the usual suspects (a.k.a. “very serious people”) genuflecting about the large...
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The May Jobs report was stronger than most people, including me, had expected. The 172,000 jobs created is not exactly earth-shattering, but in a...
Last year the major anomaly in the labor market seemed to be that we were seeing very weak job growth and only a limited rise in the unemployment...
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Cancelling Billion: Cancelling Billionaires Before They Cancel Us: The Urgent Case for a Wealth Tax By Linda McQuaig and Neil Brooks Dundurn Press...
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With many left-of-center types coming up with their plans for reforming healthcare, in the event the Democrats retake the White House in 2028, I...
When the Commerce Department released April data on consumption, the uptick in reported inflation got most of the attention. While that is big news,...
I thought I’d take advantage of a lazy Memorial Day to re-up some of my standard complaints about the world and the quality of the information we...
The collapse of both the ’90s tech bubble and the ’00s housing bubble had a devastating impact on the lives of tens of millions of workers. And...
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