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.

It is important to note that this is a gross figure. It does not subtract expenses like gas, insurance, and depreciation on the driver's car.
It is important to note that this is a gross figure. It does not subtract expenses like gas, insurance, and depreciation on the driver's car.
The long and short of it is that there is zero real story here of soaring food prices.
The long and short of it is that there is zero real story here of soaring food prices.
The tax increases pull money out of the economy . . . so as to relieve inflationary pressures. Slower growth is not an unfortunate side effect of the tax increases, it is the point.
The tax increases pull money out of the economy . . . so as to relieve inflationary pressures. Slower growth is not an unfortunate side effect of the tax increases, it is the point.
At the most basic level, we have to understand that patent (and copyright) monopolies are a way the government pays for things it wants.
At the most basic level, we have to understand that patent (and copyright) monopolies are a way the government pays for things it wants.
Its central estimate assumes a case fatality rate of 0.3. This means that for every thousand people who get infected, three will die.
Its central estimate assumes a case fatality rate of 0.3. This means that for every thousand people who get infected, three will die.
Everyone knew these big price jumps were coming, so they really should not be cause for panic.
Everyone knew these big price jumps were coming, so they really should not be cause for panic.
Why ask a question that could jeopardize the profits of some of the world’s largest corporations?
Why ask a question that could jeopardize the profits of some of the world’s largest corporations?
The piece never bothered to tell readers the number of years over which this money would be spent. Eight is the magic number.
The piece never bothered to tell readers the number of years over which this money would be spent. Eight is the magic number.
Instead of having too much demand, it looks like we will have too little demand. We will actually need the government to run large deficits to keep the economy close to full employment.
Instead of having too much demand, it looks like we will have too little demand. We will actually need the government to run large deficits to keep the economy close to full employment.
The place where this NYT piece goes seriously off the rails is that it completely ignores the vaccines developed by Russia and China.
The place where this NYT piece goes seriously off the rails is that it completely ignores the vaccines developed by Russia and China.

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