Trump’s military spending proposal would dramatically increase defense costs while far exceeding the price of many domestic programs that often receive greater scrutiny.
April consumption data point to slowing consumer demand, declining fast-food spending, weaker tourism, and continued increases in drug spending despite Trump’s claims about lower pharmaceutical prices.
The low employment rate for Black men cannot be explained by a lack of hard skills or soft skills. Anti-Black discrimination is the most likely explanation for this disparity.
Mostly Economics Episode 36: Ed Zitron, CEO of national Media Relations and Public Relations company EZPR and leading AI skeptic, joins Dean Baker to break down why the AI investment boom looks more like a bubble than a revolution.
Citizens United ignores broader forms of political influence wielded through billionaire spending, media ownership, and social media control.
JD Vance is reviving racially charged fraud narratives to support Trump’s political agenda while ignoring larger sources of corporate fraud and unpaid taxes.
Narratives around AI, deficits, media consolidation, and social media ownership create confusion and misinformation that shape public opinion and strengthen right-wing political influence.
One possible way to deflate the AI bubble: The Fed could assign some economists to assess the state of the stock market.
Paid leave is overwhelmingly popular with the public, and provides workers with an essential benefit. But it is still not available to millions of workers.
A venture that loses billions of dollars and is run entirely by a person who routinely says crazy things doesn’t sound like a trillion-dollar company, but Wall Street seems to think otherwise.
