Beat the Press

Beat the press por Dean Baker

Beat the Press is Dean Baker's commentary on economic reporting. He is a Senior Economist at the Center for Economic and Policy Research (CEPR). To never miss a post, subscribe to a weekly email roundup of Beat the Press. Please also consider supporting the blog on Patreon.

If workers are experiencing serious hardship today, things must have been really awful for them in December 2019, when most workers had lower real wages.
If workers are experiencing serious hardship today, things must have been really awful for them in December 2019, when most workers had lower real wages.
While everyone has been seeing the huge rise in gas prices over the last year, used car prices have risen almost as rapidly.
While everyone has been seeing the huge rise in gas prices over the last year, used car prices have risen almost as rapidly.
For political purposes it is very much to the advantage of these powerful elites to pretend that their wealth is just the result of the free market, but it is not true, and it is gaslighting to pretend it is.
For political purposes it is very much to the advantage of these powerful elites to pretend that their wealth is just the result of the free market, but it is not true, and it is gaslighting to pretend it is.
Do we want good health care, or are we more interested in making a small number of people very rich.
Do we want good health care, or are we more interested in making a small number of people very rich.
If we can get the pandemic under control, the supply problems we are now seeing (along with pretty much every other wealthy country) will dissipate over the course of the year.
If we can get the pandemic under control, the supply problems we are now seeing (along with pretty much every other wealthy country) will dissipate over the course of the year.
The media should be giving the drop in beef prices the same sort of attention they gave to the rise in beef prices.
The media should be giving the drop in beef prices the same sort of attention they gave to the rise in beef prices.
The obvious route for going from the current system to an open-source system would be to take small steps with little downside risk. This is exactly what Peter Hotez and his team of researchers did.
The obvious route for going from the current system to an open-source system would be to take small steps with little downside risk. This is exactly what Peter Hotez and his team of researchers did.
If we look at the inflation in a roughly comparable set of goods, in similar countries, it was actually greater than the inflation we see in the United States.
If we look at the inflation in a roughly comparable set of goods, in similar countries, it was actually greater than the inflation we see in the United States.
Even if there is no reduction in demand as shown in our seasonally adjusted data, there should be some reduction in pressure on our supply chains. We'll see how much of the backlog this will clear up.
Even if there is no reduction in demand as shown in our seasonally adjusted data, there should be some reduction in pressure on our supply chains. We'll see how much of the backlog this will clear up.
It would be incredibly irresponsible for the Fed to slam on the brakes, and throw millions of people out of work, to head off inflation associated with a clogged supply chain.
It would be incredibly irresponsible for the Fed to slam on the brakes, and throw millions of people out of work, to head off inflation associated with a clogged supply chain.

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