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Why People Say the Economy is Bad #32,762: Fees and Insurance

Article Dean Baker’s Beat the Press

Why People Say the Economy is Bad #32,762: Fees and Insurance

Hidden fees, rising insurance costs, and differences between measured and perceived inflation may help explain why many Americans view the economy more negatively than standard economic indicators suggest.

By Dean Baker

Close-up of a newspaper with the headline Economy prominently displayed. The paper is partially folded, with blurred text surrounding the headline. In the foreground, there are out-of-focus coins. The image suggests financial news or economic reporting.
Inflation and Revisiting Section 230 – Make Musk and Zuckerberg Pay

Article Dean Baker’s Beat the Press

Inflation and Revisiting Section 230 – Make Musk and Zuckerberg Pay

New inflation data point to mounting economic pressures linked to Trump administration policies, while the European experience raises fresh questions about the need for Section 230 immunity for major social media platforms.

By Dean Baker

Headshots of Elon Musk and Mark Zuckerberg
May 2026 CPI Preview: What to Expect

Article Data Bytes

May 2026 CPI Preview: What to Expect

Rising energy prices will likely push inflation higher in May, and food and vehicle prices are likely to continue to increase as well.

By Dean Baker

A screenshot of a graphical user interface displaying the Consumer Price Index (CPI) with the words
Kevin Warsh’s First Meeting as Fed Chair

Article Dean Baker’s Beat the Press

Kevin Warsh’s First Meeting as Fed Chair

Kevin Warsh may face a humiliating first Fed meeting if he pushes Trump’s rate cuts against the rest of the committee.

By Dean Baker

UNITED STATES - APRIL 21: Kevin Warsh, nominee for chairman of the Federal Reserve, testifies during his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in Dirksen building on Tuesday, April 21, 2026. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
April 2026 CPI Preview: What to Expect

Article Data Bytes

April 2026 CPI Preview: What to Expect

Rising gas prices, accelerating rents, and higher medical and transportation costs are expected to keep inflation elevated in April.

By Dean Baker

Torn paper with the words
Jerome Powell Ends His Career as Fed Chair

Article Dean Baker’s Beat the Press

Jerome Powell Ends His Career as Fed Chair

Jerome Powell’s time as Fed chair is defined by a strong commitment to full employment, delivering low unemployment and rising wages while guiding inflation down with minimal economic damage.

By Dean Baker

Chairman Powell presents the Monetary Policy Report to the Senate Committee on Banking, Housing, and Urban Affairs.
Inflation Is a Process

Article Dean Baker’s Beat the Press

Inflation Is a Process

Recent inflation reflects temporary shocks and rising profits, not a lasting structural shift in the economy.

By Dean Baker

Inflation written in large letters on a cardboard sign surrounded by dollar bills.
Trump Is Confused Again: He’s Bringing Prices Up

Article Dean Baker’s Beat the Press

Trump Is Confused Again: He’s Bringing Prices Up

Rising import prices, higher wholesale inflation, and policy-driven cost increases point to mounting inflation pressures that contradict earlier promises to bring prices down.

By Dean Baker

US President Donald Trump with attendees before signing bills in the Oval Office of the White House in Washington, DC, on January 14, 2026. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)
Trump Takes Responsibility for Post-Pandemic Inflation

Article Dean Baker’s Beat the Press

Trump Takes Responsibility for Post-Pandemic Inflation

Trump’s attempt to blame Biden for inflation nearly a year into his term undercuts his own record and exposes the lagged effects of Trump-era policies.

By Dean Baker

A person's hand writes