Article • Data Bytes
Homeowners Insurance: A Big Item Missing From the Consumer Price Index
The cost of homeowners insurance has been rising dramatically — and it is not adequately captured in the official inflation measures.
Article • Data Bytes
The cost of homeowners insurance has been rising dramatically — and it is not adequately captured in the official inflation measures.
Article • Dean Baker’s Beat the Press
Industrial policy is unavoidable, and the real question is whether an AI sovereign wealth fund is an effective way to support innovation and economic growth.
Article
Despite deepening divisions within NATO, member states have committed to raising military spending to 5 percent of GDP by 2035. As governments face mounting pressure to rearm, growing political and public opposition is questioning the social and economic costs of the alliance’s agenda.
Podcast
Dean Baker sits down with CEPR climate analyst Matt Sedlar to unpack how Trump’s cuts to FEMA and NOAA are leaving states, especially poorer Republican ones in Appalachia, dangerously exposed.
Article • Dean Baker’s Beat the Press
The May trade deficit surged to its highest level since March 2025, driven in part by AI-related imports and undercutting Trump’s goal of reducing the trade gap.
Article • Data Bytes
The federal minimum wage has been stuck at $7.25 for 17 years— which is bad news for workers, especially those in states that do have not set a higher wage floor.
Article • Dean Baker’s Beat the Press
An AI sovereign wealth fund would concentrate political power, reinforce the AI bubble, and divert attention from more effective industrial and corporate tax policies.
Article • Expose the Heist: Power and Policy in Unprecedented Times
The Trump administration has reinstated a full suppression strategy to wildfires — a move that defies explanation and puts firefighters at risk.
Article • Expose the Heist: Power and Policy in Unprecedented Times
The Trump administration’s ‘war on fraud’ is attempting to defund a successful anti-fraud operation in New York.
Article • Expose the Heist: Power and Policy in Unprecedented Times
Medicare Advantage providers are making billions in ‘bonus payments’ — one more sign of a dysfunctional, wasteful health care system.