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Republican Claims of Massive Fraud Imply Elon Musk Is a Moron

Article Dean Baker’s Beat the Press

Republican Claims of Massive Fraud Imply Elon Musk Is a Moron

Republican claims of massive government fraud are difficult to reconcile with Elon Musk’s DOGE initiative, which failed to uncover the large-scale abuses politicians continue to cite.

By Dean Baker

Elon Musk speaking at the 2025 Conservative Political Action Conference (CPAC) at the Gaylord National Resort & Convention Center in National Harbor, Maryland. Photo: Gage Skidmore
Kevin Warsh, Fed Transparency, and Corruption

Article Dean Baker’s Beat the Press

Kevin Warsh, Fed Transparency, and Corruption

Reducing Federal Reserve transparency under Kevin Warsh could increase market uncertainty and create greater opportunities for insider influence and corruption.

By Dean Baker

Kevin Warsh at the Federal Open Market Committee press conference in June 2026
Quick Thoughts on Wealth

Article Dean Baker’s Beat the Press

Quick Thoughts on Wealth

Reducing wealth inequality requires more than taxing billionaires; strong public services and democratic reforms are more effective at limiting concentrated economic and political power.

By Dean Baker

Close-up of a phone screen displaying a social media profile with a black circle and white X logo. Below, a verified username is shown. In the background, an out-of-focus blue bird logo and the text Twitter, Inc. are visible.
BYD To Award Trump Salesman of the Year for Promoting its EVs

Article Dean Baker’s Beat the Press

BYD To Award Trump Salesman of the Year for Promoting its EVs

Rising fuel prices and uncertainty linked to Trump’s war with Iran have accelerated global EV adoption, making China the biggest beneficiary of the resulting surge in demand.

By Dean Baker

Sleek gray BYD electric car showcased indoors with vivid floral backdrop. People admire the vehicle's modern design and striking rear lights. Photo by JustAnotherCarDesigner https://commons.wikimedia.org/w/index.php?curid=164175644
The Real Abundance Agenda: Weakening Patent and Copyright Monopolies

Article Dean Baker’s Beat the Press

The Real Abundance Agenda: Weakening Patent and Copyright Monopolies

Instead of focusing on zoning and deregulation, a true abundance agenda would weaken patent and copyright monopolies that raise costs, concentrate wealth, and limit access to medicine, technology, and housing.

By Dean Baker

A red rubber stamp with a white handle and red trim is shown. The stamp is imprinted with the word MONOPOLY in raised, reversed letters. Below the stamp, the inked imprint reads MONOPOLY in red capital letters on a white background.
Inflation and Revisiting Section 230 – Make Musk and Zuckerberg Pay

Article Dean Baker’s Beat the Press

Inflation and Revisiting Section 230 – Make Musk and Zuckerberg Pay

New inflation data point to mounting economic pressures linked to Trump administration policies, while the European experience raises fresh questions about the need for Section 230 immunity for major social media platforms.

By Dean Baker

Headshots of Elon Musk and Mark Zuckerberg
The Social Security Shortfall and Trump’s Big Military Budget

Article Dean Baker’s Beat the Press

The Social Security Shortfall and Trump’s Big Military Budget

The projected Social Security shortfall reflects decades of upward income redistribution and is significantly smaller than the military spending increase proposed by the Trump administration.

By Dean Baker

A military helicopter with camouflage paint rests on the runway under a cloudy sky. The rotors are slightly blurred, indicating recent motion.
Just Say No to Bernie Sanders’s AI Sovereign Wealth Fund

Article Dean Baker’s Beat the Press

Just Say No to Bernie Sanders’s AI Sovereign Wealth Fund

While concerns about AI-driven inequality are valid, an AI sovereign wealth fund could concentrate power and wealth further, whereas stronger taxes, antitrust enforcement, and labor protections offer more direct solutions.

By Dean Baker

Congressman Ro Khanna and Senator Bernie Sanders talk at a student Q&A at Stanford University February 20th 2026.