November 11, 2022

11 15:42:00 Noviembre 2022

We have dodged the health care horror story that was projected in the 1990s by the Peter Peterson gang and more recently by CBO. And, that is very good news.

• Economic PolicyGlobalization and TradeGlobalización y comercioInequalityLa DesigualdadUnited StatesEE. UU.WagesWorkersSector del trabajo

The Case for the Trumpers’ Anger

By Dean BakerDean Baker

November 08, 2022

08 15:03:00 Noviembre 2022

Imagine the lowest paid workers, the people cleaning toilets in office buildings or bussing dishes in restaurants, earned $52,000 a year if they worked a full-time job for the whole year. … That’s a very different world than the one we have.

• IMFFondo Monetario InternacionalUnited StatesEE. UU.WorldEl Mundo

Bangladesh is Richer than Denmark: Amazing Things You Can Learn at NPR

By Dean BakerDean Baker

November 07, 2022

07 18:57:00 Noviembre 2022

Denmark’s per capita income (the most basic measure of economic well-being) is almost 10 times as large as Bangladesh’s. How did NPR get things so badly wrong?

• Economic Crisis and RecoveryCrisis económica y recuperaciónInflationJobsTrabajosUnited StatesEE. UU.Wages

What’s the Problem with 3.9 Percent Annual Wage Growth?

By Dean BakerDean Baker

November 06, 2022

06 14:36:00 Noviembre 2022

The data we got from the October jobs report is certainly consistent with a pause by the Fed. Everyone recognizes that the full effects of rate hikes are not felt for many months.

• COVID-19CoronavirusEconomic Crisis and RecoveryCrisis económica y recuperaciónIntellectual PropertyPropiedad Intelectual

Washington Post Misleads Readers: China’s COVID-19 Problem Is Not Its Refusal to Use Pharma’s Vaccines

By Dean BakerDean Baker

November 06, 2022

06 06:38:00 Noviembre 2022

It should not be surprising that The Washington Post would use an editorial criticizing China’s zero Covid policy as an opportunity to push mRNA vaccines.

• InflationUnited StatesEE. UU.Wages

Contrary to What the NYT Tells You Wage Growth Has Slowed Sharply to Near Noninflationary Levels

By Dean BakerDean Baker

November 04, 2022

04 14:01:00 Noviembre 2022

The reality is the opposite of what this piece implies, wage-inflation has not been persistently high, but rather has slowed sharply.

• BudgetHealth and Social ProgramsLos Programas Sociales y de SaludUnited StatesEE. UU.

Washington Post Says Voters Want Cuts to Social Security and Medicare

By Dean BakerDean Baker

November 03, 2022

03 14:21:00 Noviembre 2022

The Post does not present any evidence that a substantial segment of the population would be happy with cuts to Social Security and Medicare, which polls consistently show enjoy strong support across the political spectrum.

• Economic Crisis and RecoveryCrisis económica y recuperaciónEconomic GrowthEl DesarolloInflationUnited StatesEE. UU.

It’s Five Days Before the Election and the NYT Has Another Bad News About the Economy Story that Contradicts Government Data

By Dean BakerDean Baker

November 03, 2022

03 10:14:00 Noviembre 2022

We have seen an extraordinary rise in homeownership rates for less advantaged groups in the last two and a half years.

• Economic PolicyInequalityLa DesigualdadIntellectual PropertyPropiedad IntelectualJobsTrabajosUnited StatesEE. UU.WorkersSector del trabajo

Thomas Edsall Talks About the Elites Screwing the Masses, But It’s Much Worse Than He Says

By Dean BakerDean Baker

November 02, 2022

02 10:36:00 Noviembre 2022

The column gets one important fact badly wrong, and hugely understates the extent to which the screwing of noncollege educated workers was the result of deliberate government policies.

• Economic Crisis and RecoveryCrisis económica y recuperaciónEconomic PolicyInflationUnited StatesEE. UU.

Inflation and Recession: Where Are We Now?

By Dean BakerDean Baker

October 30, 2022

30 20:36:00 Octubre 2022

A lot of new data on the economy last week … was pretty good from the standpoint of stable growth and slowing inflation, but there is still much ambiguity and serious grounds for concerns about the future.