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The issue here is not just a question of bragging rights. China is clearly an international competitor economically, militarily, and diplomatically. Many people want to take a confrontational approach to China, with the idea that we can isolate the country and spend it on the ground militarily, as we arguably did with the Soviet Union.

Dean Baker / April 20, 2023

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The Dismal Economics of SNAP’s Work-Hours Test and Time Limit

The Supplemental Nutrition Assistance Program, or SNAP, reduces food insecurity, which in turn improves people’s health and economic well-being.

Tori Coan and Shawn Fremstad / April 18, 2023

Article Artículo

End of COVID-19 Emergency Declarations is Shortsighted and Premature

In January 2023, the Biden administration announced its plans to end two COVID-19-related emergency declarations — a “public health emergency” declaration and a “national emergency” declaration — on May 11, 2023.

Hayley Brown and Tori Coan / April 18, 2023

Article Artículo

Jobs

United States

Workers

Kevin McCarthy Tells Pants on Fire Lie and WaPo Fact Checker Lets Him Off with a Pat on the Wrist

Dean Baker / April 18, 2023

Article Artículo

Inequality

United States

Wall Street

Imagine a World Where CEOs Get Paid $3 Million a Year

Dean Baker / April 17, 2023

Article Artículo

Intellectual Property

United States

Quick Thoughts on AI and Intellectual Property

Dean Baker / April 15, 2023

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For a Democratic Transformation of U.S. Post-Secondary Education

The objective of universal social benefits provided without charge to all comers may be disparaged as radical and impractical, but the idea of the common school — a system of free, non-sectarian education open to all children — goes back to the founding o

Max B. Sawicky / April 13, 2023

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Climate Change

Economic Crisis and Recovery

The Growing Burden of IMF Surcharges: An Updated Estimate

The International Monetary Fund (IMF) imposes additional fees on loans to its most indebted middle-income borrowers, on top of regular interest payments and service fees.

Francisco Amsler and Michael Galant / April 13, 2023

Article Artículo

Federal Reserve

Interest Rates

United States

Can Jerome Powell Pivot on Interest Rates, Again?

Dean Baker / April 13, 2023

Article Artículo

Taxes

United States

Highest U.S. Marginal Tax Rate is Too Damn Low

With Tax Day just around the corner, it is a good time to put post-WWII top marginal tax rate into context. Many find it hard to believe that the top rate was 91% during the Eisenhower years. No, that didn’t mean that high earners paid a 91% tax on all of

Sylvia Allegretto / April 12, 2023

Article Artículo

Immigration

United States

NYT Says DeSantis Is Upset About the Devastating Impact Trump Immigration Policy Had on Florida

Dean Baker / April 10, 2023

Article Artículo

Krugman Reminds us That Protectionism for Bankers Is a Very Powerful Political Force

April 08, 2023

Article Artículo

Economic Crisis and Recovery

It’s a Passover Miracle: Fed Wins War on Inflation!

Dean Baker / April 07, 2023

Article Artículo

Economic Crisis and Recovery

Strong Job Growth Again in March, but Hours Drop, and Wage Growth Slows Further

The March employment report gave clear evidence that the Fed’s rate hikes are weakening the labor market. While job growth was strong, at 236,000, the index of aggregate hours fell for the second consecutive month.

Dean Baker / April 07, 2023

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The Fed Alone Cannot Create Black Full Employment

Federal Reserve action may be a necessary component to reaching Black full employment, but it is not sufficient. Full employment for Black people will require additional policies including subsidized employment.

Algernon Austin / April 06, 2023

Article Artículo

Washington Post Piece on SVB’s Failure Indicates Lack of Access to Internet

Dean Baker / April 03, 2023

Article Artículo

Ecuador

Latin America and the Caribbean

US Foreign Policy

World

Ecuador: Murder of Key Witness in Investigation of President Lasso, Others, Raises More Questions

Washington, DC — On Friday, Ecuadorian police found the body of Rubén Cherres, who had apparently been murdered, alongside three other people, in Punta Blanca, a seaside resort on the Ecuadorian coast.

April 03, 2023

Article Artículo

Economic Crisis and Recovery

Have Workers Gotten Back Their Share of Income?

April 02, 2023

Article Artículo

Affordable Care Act

Health and Social Programs

Social Security

The Social Security Scare Story Industry

Dean Baker / April 01, 2023

Article Artículo

CEPR Sanctions Watch March 2023

In this edition of Sanctions Watch, covering March 2023: the World Food Programme fears famine is looming in Afghanistan; senators introduce a bill to end trade embargo on Cuba; Yellen admits sanctions on Iran cause economic suffering and don’t work; Nort

Michael Galant / March 31, 2023

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