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.

What we are seeing right now is a Federal Reserve Board that is doing the right thing in the face of the hysteria of its critics. The critics want to see it move rapidly to slow the economy so that they can again get good help cheap.
What we are seeing right now is a Federal Reserve Board that is doing the right thing in the face of the hysteria of its critics. The critics want to see it move rapidly to slow the economy so that they can again get good help cheap.
After decades of wage stagnation for those at the middle and the bottom of the wage ladder, it’s good to see some real progress for at least some low-paid workers.
After decades of wage stagnation for those at the middle and the bottom of the wage ladder, it’s good to see some real progress for at least some low-paid workers.
In general, and in a global health emergency in particular, we should be looking to share technology as widely as possible, not locking it up behind patent monopolies and other protections.
In general, and in a global health emergency in particular, we should be looking to share technology as widely as possible, not locking it up behind patent monopolies and other protections.
So, for the Trump crew, it now stands that Biden has created 4,797,000 jobs in his first eight months in office, compared to a loss of 2,876,000  jobs in the four years of Donald  Trump's presidency.
So, for the Trump crew, it now stands that Biden has created 4,797,000 jobs in his first eight months in office, compared to a loss of 2,876,000  jobs in the four years of Donald  Trump's presidency.
Any good economist can quickly recognize the "it's hard to get good help" cry of the privileged.
Any good economist can quickly recognize the "it's hard to get good help" cry of the privileged.
The problems that are most apparent in this report indicate the urgency of many of the items in Biden’s agenda. Our senators and congresspeople should give them serious thought.  
The problems that are most apparent in this report indicate the urgency of many of the items in Biden’s agenda. Our senators and congresspeople should give them serious thought.  
With widespread supply chain problems due to the pandemic and unusual weather conditions, additional sales to China might well have caused even greater bottlenecks in the effort to meet domestic demand.
With widespread supply chain problems due to the pandemic and unusual weather conditions, additional sales to China might well have caused even greater bottlenecks in the effort to meet domestic demand.
How can someone who claims to be concerned about the burden of the government debt on our children, ignore the burden, in the form of higher prices, created by government-granted patent and copyright monopolies?
How can someone who claims to be concerned about the burden of the government debt on our children, ignore the burden, in the form of higher prices, created by government-granted patent and copyright monopolies?
It is unlikely that many reporters at the time described the GI Bill of Rights as a “safety net” plan. They shouldn’t describe the Democrats’ package this way either.
It is unlikely that many reporters at the time described the GI Bill of Rights as a “safety net” plan. They shouldn’t describe the Democrats’ package this way either.
Naturally, no one expects to be able to get $50 billion a year out of the hide of a huge industry without a serious fight. The pharmaceutical companies surely have all their lobbyists working overtime courting members of Congress.
Naturally, no one expects to be able to get $50 billion a year out of the hide of a huge industry without a serious fight. The pharmaceutical companies surely have all their lobbyists working overtime courting members of Congress.

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