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.

Senator Manchin wants to pretend that this climate debt does not exist. He only wants to look at the debt that comes from the government directly borrowing money.
Senator Manchin wants to pretend that this climate debt does not exist. He only wants to look at the debt that comes from the government directly borrowing money.
To my mind, this is a silly debate, starting with the idea that we should be concerned about inequalities in wealth resulting from low interest rates. That one is a bit hard for me to see.
To my mind, this is a silly debate, starting with the idea that we should be concerned about inequalities in wealth resulting from low interest rates. That one is a bit hard for me to see.
This article on the $3.5 trillion budget outline didn't mention once that the spending would be over ten years.
This article on the $3.5 trillion budget outline didn't mention once that the spending would be over ten years.
Having argued the case for the importance of regulating finance, let me say that I still see it as very much a secondary consideration in the selection of the Fed chair.
Having argued the case for the importance of regulating finance, let me say that I still see it as very much a secondary consideration in the selection of the Fed chair.
If the nonsense coming from the vaccine resisters can be effectively countered, we should be able to reach vaccination rates comparable to Denmark’s in the not distant future.
If the nonsense coming from the vaccine resisters can be effectively countered, we should be able to reach vaccination rates comparable to Denmark’s in the not distant future.
The problem is that we have made many changes to the economy that shifted huge amounts of income upward, so that we cannot support a pay structure that gives workers at the bottom $52,000 a year. This is the whole point of my book, Rigged.
The problem is that we have made many changes to the economy that shifted huge amounts of income upward, so that we cannot support a pay structure that gives workers at the bottom $52,000 a year. This is the whole point of my book, Rigged.
Nominal wages have been rising rapidly for workers at the bottom of the pay ladder in recent months. This has allowed workers in the lowest paying jobs to see substantial increases in real wages, in spite of the uptick in inflation the last few months.
Nominal wages have been rising rapidly for workers at the bottom of the pay ladder in recent months. This has allowed workers in the lowest paying jobs to see substantial increases in real wages, in spite of the uptick in inflation the last few months.

Environment

Cheap Talk from the Fed on Global Warming?

It’s easy for a high-level executive to say that they didn’t pay attention to the rantings of some obscure economist, it’s much harder for them to say they don’t bother looking at what the Fed chair says and the research it publishes.
It’s easy for a high-level executive to say that they didn’t pay attention to the rantings of some obscure economist, it’s much harder for them to say they don’t bother looking at what the Fed chair says and the research it publishes.
The burden of the debt and the debt service is such a trivial part of this picture, it’s hard to believe serious people would waste their time on it.
The burden of the debt and the debt service is such a trivial part of this picture, it’s hard to believe serious people would waste their time on it.

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