July 17, 2022

17 11:41:00 Julio 2022

From the data, it looks like people are more likely to work two full-time jobs when they can get two full-time jobs, when the economy is strong. In effect, the Washington Post highlighted a sign of economic strength as evidence of a bad economy.

• Economic Crisis and RecoveryCrisis económica y recuperación

The Washington Post Says the Economy Is Terrible: Falling Gas Price Edition

By Dean BakerDean Baker

July 17, 2022

17 11:16:00 Julio 2022

While it may turn out to be the case that the sanctions are more effective in the future than they have been to date, the futures markets apparently do not expect this outcome.

• Economic Crisis and RecoveryCrisis económica y recuperaciónInflationUnited StatesEE. UU.

NYT Goes Off the Deep End on Impoverished Millennials

By Dean BakerDean Baker

July 13, 2022

13 10:16:00 Julio 2022

These facts don’t mean that many millennials are not struggling to make ends meet, to pay off student debt, or trying to buy a home, but the idea that their parents had it markedly better is just nonsense.

• Economic Crisis and RecoveryCrisis económica y recuperaciónHealth and Social ProgramsLos Programas Sociales y de SaludIntellectual PropertyPropiedad IntelectualUnited StatesEE. UU.

Governor Newsom Does Drugs, or At Least Insulin

By Dean BakerDean Baker

July 10, 2022

10 11:46:00 Julio 2022

Newsom's plan is a big and important step which should be applauded.

• Economic Crisis and RecoveryCrisis económica y recuperaciónInflationUnited StatesEE. UU.

The New York Times Warns of 1970s Stagflation and Calls for a Volcker-Type Recession

By Dean BakerDean Baker

July 09, 2022

09 05:49:00 Julio 2022

I guess this just shows that, in some circles, it’s always a good time to call for a Volcker-type recession.

• Economic Crisis and RecoveryCrisis económica y recuperación

Can We Have a Wage-Price Spiral with Slowing Wage Growth?

By Dean BakerDean Baker

July 08, 2022

08 09:44:00 Julio 2022

Many folks want to tell this story about the economy today. However, there is a big problem, the data won’t cooperate. Wage growth is not accelerating, it’s slowing.

• Economic Crisis and RecoveryCrisis económica y recuperaciónUnited StatesEE. UU.

People Are Not Spending Down Their Savings II

By Dean BakerDean Baker

June 30, 2022

30 09:34:00 Junio 2022

Data show that people are paying capital gains tax on the money they made in the stock market, not spending down savings.

• Economic Crisis and RecoveryCrisis económica y recuperaciónUnited StatesEE. UU.

Solar Power, Time, and Steel: Someone Needs to Tell the NYT That It’s Not 2021 Anymore

By Dean BakerDean Baker

June 30, 2022

30 05:27:00 Junio 2022

The price of a ton of the steel highlighted in the May 2021 piece is now down more than 40 percent from its May 2021 price.

• InequalityLa Desigualdad

A Cold War with China, Global Warming, and Why We Can’t Have Nice Things

By Dean BakerDean Baker

June 23, 2022

23 16:34:00 Junio 2022

It would be truly ironic if we were to transfer still more income upward, with increased subsidies for research and development, with the gains locked down by a small elite with their patent and copyright monopolies.

• Intellectual PropertyPropiedad IntelectualUnited StatesEE. UU.

Neoliberals Do Not Like a Free Market, but They Want You to Think They Do

By Dean BakerDean Baker

June 19, 2022

19 14:06:00 Junio 2022

Neoliberal types are just fine with all sorts of government interventions that redistribute income upward. They just get upset when the government intervenes in ways that redistributes from those on top to the rest of us.