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Dean Baker’s Beat the Press

Beat the Press is Dean Baker’s commentary on economic reporting. He is a Senior Economist at the Center for Economic and Policy Research (CEPR).

By Dean Baker

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

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.
Five Big Take Aways from the May Jobs Report

Five Big Take Aways from the May Jobs Report

Five key takeaways from the May jobs report include stronger-than-expected job growth, slowing real wages, worker caution about changing jobs, and little evidence that AI is reducing employment.

By Dean Baker

Close-up of a newspaper's
Factory Construction Down Again in April

Factory Construction Down Again in April

April construction data show factory building continuing to decline, marking a sharp reversal from the historic manufacturing investment boom fueled by Biden-era legislation.

By Dean Baker

Two construction workers in safety gear measure with a tape along a metal beam at a work site, with heavy machinery in the background.