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In this paper, we will demonstrate that by turning a reserve asset that adds nothing to a country’s debt, and that has no conditions attached to it, into a loan with conditions attached, the main proposals for rechanneling SDRs have altered the nature of

Ivana Vasic-Lalovic / October 13, 2022

Article Artículo

Economic Crisis and Recovery

NPR Wonders Why the Paycheck Protection Program Was Abused: Its News Stories Would be a Good Place to Start

In short, if NPR wants to do an honest piece on why the PPP rules were so lax and allowed so much room for abuse, it really needs to look at media coverage, including its own, which was effectively a lobbying campaign for loosening standards.

Dean Baker / October 12, 2022

Article Artículo

COVID-19

Disability

Household Pulse Survey

The Long Reach of Long COVID: At Least 4.4 Million Adults are Currently Disabled by Long COVID

Understanding the effects of Long COVID and the risk for disability is essential to ensure that policy interventions address the needs of people debilitated by or at risk of developing Long COVID.

Hayley Brown, Julia Tache and Shawn Fremstad / October 12, 2022

Article Artículo

Economic Crisis and Recovery

Retailers Slashing Prices, More Bad News for Biden!

Many of us who follow the news might think this would be great news, just what the doctor ordered for households struggling with inflation, but no, that would be wrong.

Dean Baker / October 12, 2022

Article Artículo

Economic Crisis and Recovery

Inflation

United States

Preview: What to Look for in the September Consumer Price Index

We are likely to see another good overall CPI number, even if the core index will still be higher than the Fed wants.

Dean Baker / October 11, 2022

Article Artículo

Economic Crisis and Recovery

Economic Policy

United States

The Good News About the Economy You are Not Hearing

The US will always have a huge number of people struggling to get by even in the best of times. … to put these struggling people at the center of the economic story during Biden’s presidency is a political decision not one driven by economic reality.

October 07, 2022

Article Artículo

Economic Crisis and Recovery

Jobs

United States

Workers

Job Growth Slows to 263,000 in September, Wage Growth at 0.3 Percent, Again

Wages have grown at a 0.3 percent rate for the last two months; a pace consistent with the Fed’s inflation target.

Dean Baker / October 07, 2022

Article Artículo

Honduras

Latin America and the Caribbean

World

Why Is the US Condemning Honduras For Fighting Corruption?

If the Biden administration is serious about tackling the root causes of forced migration in Central America and genuinely wants to support constitutional democracy in the region, then it should recognize the end of the ZEDEs as a positive step forward.

Brett Heinz and Beth Geglia / October 06, 2022

Article Artículo

Economic Crisis and Recovery

NYT Headlines Piece on National Debt Crossing $31.1 Trillion for the First Time!

It might have been helpful if we had some context … instead of just trying to scare readers with the really big numbers.

Dean Baker / October 05, 2022

Article Artículo

Jobs

United States

Workers

Preview: Jobs, Wages, and Hours – The Big Three Items in September

In a best-case scenario, we will see a picture of a labor market that looks like 2019, with the economy near full employment, but wages increasing at a more moderate pace.

Dean Baker / October 05, 2022

Article Artículo

Economic Policy

Quick, How Big a Deal is 43 Billion Pounds to the United Kingdom?

For those who might not be intimately familiar with the size of the UK economy or budget, the tax cut would be a bit less than 2 percent of the UK's projected GDP for 2023.

Dean Baker / October 03, 2022

Article Artículo

Economic Crisis and Recovery

Economic Growth

United States

Is Income Growth Really Lagging?

Dean Baker / October 02, 2022

Article Artículo

Brazil

Democracy

Elections

Latin America and the Caribbean

World

The Fake News Machine: How Meta Endangers Brazilian Democracy

With just days left before Brazilians head to the polls to decide the political future of their country, the use of social media by political elites to manipulate elections is again in full swing.

Brett Heinz / September 30, 2022

Article Artículo

Inequality

United States

The Market Did Not Cause Inequality, No Matter How Much the New York Times Insists

Dean Baker / September 29, 2022

report informe

COVID-19

Health and Social Programs

Understanding and Addressing Long COVID

As Long COVID continues to leave individuals unable to work due to disabling post-COVID conditions, ensuring access to adequate healthcare benefits and social insurance programs will be crucial.

Shawn Fremstad, Julia Godfrey, Hayley Brown, Alan Barber and Chenelle Hammonds / September 29, 2022

Article Artículo

Budget

Government

United States

Student Loan Forgiveness and Really Big Number Syndrome

It really would help if reporters covering budget issues saw it as their responsibility to convey information to their audiences rather than just engaging in fraternity rituals of writing down really big numbers that are meaningless to almost everyone.

Dean Baker / September 27, 2022

Article Artículo

Gun Violence Prevention

Inequality

Poverty

United States

Poverty Correlates with the Recent Increase in Gun Violence

Eliminating poverty will bring numerous social benefits to US society, and one of them might be a significant reduction in the country’s extremely high rate of gun violence.

Algernon Austin / September 26, 2022

Article Artículo

Intellectual Property

United States

Econ 101: Tariffs and Government Granted Patent Monopolies Lead to Corruption

Dean Baker / September 26, 2022

Article Artículo

Economic Crisis and Recovery

Inflation

United States

The Fed’s Interest Rate Hikes Are Going to Hit the Most Vulnerable

The Fed should pause before it hikes further and see the extent to which its hikes to date, along with supply chain fixes, have quelled inflation.

Dean Baker / September 23, 2022

Article Artículo

Economic Crisis and Recovery

Inequality

United States

How Will the Fed’s Rate Hikes Help the Poor?

Those at the bottom end of the income distribution will be paying the biggest price for the Fed’s anti-inflation policy, and it is important to recognize this fact.

Dean Baker / September 23, 2022

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