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16596 Results

Donald Trump’s Big Wealth Tax

Article Dean Baker’s Beat the Press

Donald Trump’s Big Wealth Tax

Market losses driven by economic uncertainty and policy choices are cutting into billionaire wealth, effectively acting as a de facto wealth tax while exposing contradictions in attitudes toward inequality.

By Dean Baker

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)
The Country’s Major Demographic Problem: Too Few People or Too Many

Article Dean Baker’s Beat the Press

The Country’s Major Demographic Problem: Too Few People or Too Many

The economy’s shifting story from fears of too few workers to claims of too many older employees crowding out young graduates reveals a fundamental inconsistency in how demographic trends are interpreted.

By Dean Baker

A bustling city street with a diverse crowd crossing. People wear business and casual attire, some on phones, conveying a busy, energetic urban atmosphere.
$200 Billion: The Costs of the Iran War

Article Expose the Heist: Power and Policy in Unprecedented Times

$200 Billion: The Costs of the Iran War

The Trump administration reportedly wants $200 billion for its war on Iran. Over the past year, they have cut spending — mostly on health care and food assistance — equal to that amount.

By Peter Hart

A military jet with a US Air Force emblem rests on a runway. The aircraft is secured with chains. The sky is clear, creating a calm atmosphere.
What Donald Trump’s Iran “Excursion” Cost Our Former Allies

Article Dean Baker’s Beat the Press

What Donald Trump’s Iran “Excursion” Cost Our Former Allies

The war with Iran is portrayed as an economic shock to US allies—raising energy costs, straining economies, and offering little clear benefit—undermining claims that other countries should be thankful for the conflict.

By Dean Baker

A diverse group of students at a protest against student debt with one individual prominently holding up a sign that reads
$200 Billion for Trump’s Iran “Excursion” Is Real Money

Article Dean Baker’s Beat the Press

$200 Billion for Trump’s Iran “Excursion” Is Real Money

Trump’s proposed $200 billion for war in Iran represents a significant share of the federal budget, far exceeding commonly debated spending items and highlighting how misleading raw dollar figures can be without context.

By Dean Baker

Are The Biden and Trump Economies the Same?

Article Dean Baker’s Beat the Press

Are The Biden and Trump Economies the Same?

While short-term economic data may appear similar, key differences in inflation, labor market strength, affordability pressures, and long-term policy choices suggest the Trump and Biden economies are meaningfully different.

By Dean Baker

President Joe Biden meets with President-elect Donald Trump, Wednesday, November 13, 2024, in the Oval Office. (Official White House Photo by Cameron Smith)