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The Top Secret Trade Deal You Need to Know AboutCEPR's Dean Baker is appearing in this week's episode of Moyers & Company, talking about the Trans-Pacific Partnership (TPP), referred to by some as “NAFTA on steroids.”
Along with Yves Smith, who runs the excellent Naked Capitalism blog, Dean and Bill Moyers discuss the secret negotiations that have plenty of seats at the table for corporations (but not the public), as well as the potentially dangerous effects that the TPP could have on the rest of us.
CEPR and / November 01, 2013
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Labor Market Policy Research Reports, October 26- November 1, 2013The following labor market policy research reports were recently released:
CEPR and / November 01, 2013
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You Can Keep Your Insurance: Washington Post Fact Checker AssessmentDean Baker / November 01, 2013
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Why NPR is Not the New York Times: Really Big Numbers on Food StampsDean Baker / November 01, 2013
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Latin America and the Caribbean
Honduras: Military Police as a Major Electoral IssueThe deployment of a new military police force, an initiative first proposed by National Party candidate, and president of the National Congress Juan Orlando Hernández, has emerged as an important contextual issue in U.S. media and analysis of Honduras’ fast-approaching presidential elections. Catherine Cheney, for example, wrote recently for World Politics Review:
Last week, in the midst of a political campaign that has focused heavily on public security, authorities in Honduras deployed 1,000 military police as part of an effort to address drug violence and organized crime in this Central American country, home to the highest homicide rate in the world.
The new police force is a demonstration of a central Hernández political campaign position in response to one of the biggest issues in the elections: soaring crime rates, and Honduras’ now infamous status as the “murder capital of the world.” As Henry Tricks wrote for The Economist:
…Mr Hernández has made security the central issue, even though polls show that the economy is just as much of a concern for most citizens. In relentless publicity slots, he accuses [LIBRE presidential candidate Xiomara] Castro of wanting to demilitarise the fight against crime (she denies this, saying she wants to use the military to secure the borders against drug traffickers). In contrast, he has put his weight behind the creation of a 5,000-strong military-police force, 1,000 of which have been deployed on city streets during the campaign.
Cheney cites experts who see the militarized police force as both poorly-trained and having a misplaced focus:
[Mark Ungar, a Latin America expert and professor at Brooklyn College and the CUNY Graduate Center] said militarizing the police is harmful to both security and human rights, and diverts attention from reforming the police. “They’re not trained for security. They don’t know how to do criminal investigation or community policing. They’re trained to shoot,” Ungar said of the military police.
CEPR / October 31, 2013
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Big Congrats to David Crane for Getting It Right on Pension Fund TransparencyDean Baker / October 31, 2013
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The Real Cost of Fast FoodAs the nation debates the low wages of fast-food workers, the University of California, Berkeley Labor Center has released a report entitled Fast Food, Poverty Wages, which reveals the cost of public benefits programs for fast-food employees. The paper discusses how the low wages, low work hours, and limited employer-provided benefits leave over half of fast-food workers with little choice but to rely on government assistance programs to get by.
CEPR and / October 31, 2013
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Robert Samuelson Is Confused About the Affordable Care ActDean Baker / October 31, 2013
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An Upward Redistribution of Income, not an Improving Economy Explains the Drop in the DeficitDean Baker / October 31, 2013
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Members of Congress Feel No Pressure to Reverse Policies Causing Mass UnemploymentDean Baker / October 31, 2013
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Latin America and the Caribbean
Gobiernos sudamericanos deben apoyar el derecho de los hondureños a soberanía y elecciones libresMark Weisbrot / October 30, 2013
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Social Security COLA to increase by 1.5 Percent in 2014Changing the basis of the COLA to the chained CPI would cut an already modest cost-of-living-adjustment.
The Social Security Administration has announced the Social Security cost-of-living-adjustment (COLA) will be 1.5 percent in 2014. Beneficiaries will begin seeing the increase in their checks in January.
It is worth noting that this COLA based on the consumer price index for wage and clerical workers (CPI-W) is likely to be lower than the rate of inflation shown by the BLS experimental elderly index (CPI-E), which is designed to reflect the purchasing patterns of the elderly. The biggest differences between the two indices are the weights assigned to health care and housing, with both components accounting for a much larger share of the CPI-E than the CPI-W.
Dean Baker / October 30, 2013
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Jeff Bezos' Newspaper Works With Republicans to Create Scandal Over ObamacareDean Baker / October 30, 2013
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The Fed Becoming Insolvent: Things to Worry About After We're DeadDean Baker / October 29, 2013
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Latin America and the Caribbean
South American Governments Should Support Hondurans’ Rights To Sovereignty and Free ElectionsMark Weisbrot / October 29, 2013
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The Fed Really Needs Someone Who Can Think Clearly on BubblesDean Baker / October 29, 2013