The Media Love The Terrible Economy Story: Marketplace Radio Edition

August 10, 2022

10 16:39:00 Agosto 2022

Both the Washington Post and Marketplace radio have effectively turned reality on its head to tell their terrible economy story about a statistic that actually suggests a good economy.

• InequalityLa DesigualdadUnited StatesEE. UU.Wall StreetEl Mundo Financiero

If We Tax Share Buybacks, Can We Also Tax Stock Returns?

By Dean BakerDean Baker

August 09, 2022

09 03:00:00 Agosto 2022

The taxation of share buybacks in the Inflation Reduction Act shows that we do not have to make profit the basis for the corporate income tax.

• Economic Crisis and RecoveryCrisis económica y recuperaciónGlobalization and TradeGlobalización y comercio

The Semiconductor Bill and the Moderna Billionaires

By Dean BakerDean Baker

July 27, 2022

27 04:00:00 Julio 2022

With a bit of thought, the semiconductor bill could have been designed in ways that did not redistribute income upward.

Structuring the Economy to Give Money to the Rich Is Inflationary

By Dean BakerDean Baker

July 18, 2022

18 05:51:00 Julio 2022

Today’s inflation should show us very directly how attacking the policies that redistribute so much income upward would help the working class.

• Economic Crisis and RecoveryCrisis económica y recuperación

The Washington Post Says the Economy Is Terrible: Multiple Job Holders Edition

By Dean BakerDean Baker

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.