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Stories by Dean Baker

Dean Baker is co-director of the Center for Economic and Policy Research.

The Reason for 15 Million Unemployed: Poor Thinking at the Top

It is absolutely unacceptable to have 15 million people unemployed just because the people who call the shots are too dumb to figure out how to get them back to work.
Posted on Dec 9, 2009, Source: TruthOut.org

The Vampire Banks Are Back: Will There Ever Be Meaningful Financial Reform?

The halls of Congress are infected with financial industry lobbyists looking to block necessary changes to our broken financial system.
Posted on Nov 25, 2009, Source: CounterPunch

We Need Smart Solutions to Our Long Jobs Crisis

All the projections show that the unemployment rate is likely to continue to rising for the immediate future and remain high for years to come.
Posted on Nov 2, 2009, Source: AlterNet

Will People-Power Defeat the Insurance Lobby This Time Around?

This is a case where the simple facts and persistent grassroots pressure may overcome the political power of a major industry.
Posted on Oct 27, 2009, Source: TruthOut.org

Everything Is Bright and Sunny Again, Unless You Have to Work for a Living

So far we've seen economic recovery for the few, while the many live in continued pain.
Posted on Oct 7, 2009, Source: AlterNet

Will Obama's Health Care Plan Make the U.S. More Like Europe?

It might -- and that would be a good thing for business owners, manufacturing and those who are self-employed.
Posted on Aug 7, 2009, Source: Huffington Post

Our Economy Needs at Least $2 Trillion in Stimulus Spending Right Now -- Tens of Millions of Jobs Are at Stake

Politicians and pundits in Washington are either too ignorant, dishonest, or scared to talk about the expenditures that this economy needs.
Posted on Jul 16, 2009, Source: The Guardian

What's So Scary About Offering People the Option of a Public Health Plan?

If the public plan is bad, then people will just stay with the options currently available in the private sector.
Posted on Jul 8, 2009, Source: AlterNet

Why You May Be Stuck Holding the Bill for the Largest Taxpayer Rip Off

The health care industry is getting money out of our pockets because their friends in Congress have made sure the money flows from us to them.
Posted on Jun 23, 2009, Source: AlterNet

Big Insurance Companies Are Sure to Fight Obama's Public Option

Insurers don't want to compete with a well-run public plan. Let's hope they have to.
Posted on Jun 16, 2009, Source: AlterNet

We Spend Twice as Much on Health Care as Other Rich Countries -- and What Do We Get for It?

Our health care system isn't getting fixed because the people who run it like it just the way it is.
Posted on May 19, 2009, Source: AlterNet

Outsourcing the Bosses: The Lesson of Fiat-Chrysler

What the new Chrysler will be getting from abroad is technology and top management.
Posted on May 4, 2009, Source: AlterNet

Goldman Sachs Shook Tens of Billions Out of Tax-Payers -- Now They're Whining All the Way to the Bank

The Wall Street crew relied on its political power to ensure that the rules remained rigged, even though their crooked deck wrecked the economy.
Posted on Apr 21, 2009, Source: AlterNet

We're Still Getting Screwed: Geithner Plan Will Make the Rich Richer!

Some hedge and equity fund managers could make hundreds of millions or even billions off the Geithner plan.
Posted on Apr 1, 2009, Source: AlterNet

Treasury Continues to Fumble -- Will They Ever Get it Right?

Officials were wrong to let Lehman Brothers go bankrupt. Now they wrongly assume that all banks are too big to fail.
Posted on Mar 18, 2009, Source: Comment Is Free

America's Granny-Bashers: Different Facts but the Same Policies

The top priority for the anti-Granny lobby is to cut Social Security and Medicare.
Posted on Mar 17, 2009, Source: AlterNet

Should the Government Protect People's Health or Insurance Companies' Profits?

It's time for the government to prioritize the wellbeing of people over the wellbeing of insurance companies.
Posted on Mar 10, 2009, Source: AlterNet

The Public Is Way Ahead of the Pundits in Knowing How to Solve the Economic Crises, And Obama Knows it

Obama recognizes that the public is way ahead of the pundits in seeing that the federal govt. is the only thing capable of generating a recovery.
Posted on Mar 5, 2009, Source: The Guardian

President Obama: Social Security Is Healthy -- There's No Need to "Save" It

Here's a cheap and effective form of economic stimulus -- tell America's baby boomers that their welfare benefits are safe.
Posted on Feb 20, 2009, Source: Comment Is Free

In Wake of Crisis, New Economic Thinking Emerges

Unfortunately, many liberals have not moved beyond Lyndon Johnson's thinking on the role of the government in the economy.
Posted on Feb 9, 2009, Source: AlterNet

Plunder and Blunder; How the 'Financial Experts' Keep Screwing You

Anyone with common sense, a grasp of simple arithmetic and a desire to go against the consensus should have seen the financial crisis coming.
Posted on Feb 7, 2009, Source: PoliPoint Press

Republicans Petrified That Economy Will Improve

If the economy begins to turn around on Obama's watch, the GOP can look forward to decades in the political wilderness.
Posted on Jan 27, 2009, Source: AlterNet

Republicans Fight Obama's Stimulus Plan, Fearing Its Success Will Mean Years of Political Oblivion

For Republicans, one lesson of the New Deal is that it left the Democrats firmly in power for more than 20 years.
Posted on Jan 6, 2009, Source: AlterNet

Sex and Money: Are Women Regulators Different?

It is hard not to notice that two of the regulators who stand out for doing the right thing in this incredible financial mess are women.
Posted on Dec 27, 2008, Source: TruthOut.org

Question for Economic Experts: Can You Say "Housing Bubble"?

Millions of people may lose their homes and life's savings, all because the economists who are supposed to know better didn't.
Posted on Dec 12, 2008, Source: TruthOut.org

Keep it Simple: Stop the Foreclosure Crisis with the Right to Rent

There are a lot of complicated plans being discussed, but sometimes the simplest solution to a problem is best.
Posted on Nov 19, 2008, Source: TruthOut.org

Fixing Health Care Could Be Obama's Path to Greatness

Extending health care insurance can be an effective stimulus that will provide an immediate boost to the economy.
Posted on Nov 6, 2008, Source: Huffington Post

Alan Greenspan: Who Could Have Known?

Greenspan thinks that if the geniuses running the Fed couldn't predict the meltdown, nobody could.
Posted on Oct 28, 2008, Source: TruthOut.org

The Flat Earthers Try to Pin Financial Meltdown on Fannie and Freddie

In the Flat Earth version, the real villains in the story were the public/private mortgage giants Fannie Mae and Freddie Mac.
Posted on Oct 15, 2008, Source: TruthOut.org

How World Leaders Can Reverse the Economic Meltdown

A broader stimulus package is desperately needed to right a listing economic ship.
Posted on Oct 12, 2008, Source: Campaign for America's Future

John McCain's Whiners' Recession Deepens

Most workers in the country have just seen the equivalent of a 2 percentage point increase in their tax rate, and it has gotten almost no attention.
Posted on Sep 10, 2008, Source: TruthOut.org

The Villains of the Housing Crisis Are Denying All Responsibility

The housing crisis is a result of reckless deregulation by specific individuals.
Posted on Aug 27, 2008, Source: TruthOut.org

After the Housing Bill: Time to Address Foreclosures

The housing bill will likely help less than five percent of the families facing foreclosure over the next two years.
Posted on Jul 29, 2008, Source: TruthOut.org

Obama-Care Versus McCain-Care: Real Differences in Plans for Our Health System

The two candidates are worlds apart on the most pressing domestic issue of our time.
Posted on Jul 11, 2008, Source: TruthOut.org

Bush Economy Sheds 62K Jobs in June; Sixth Straight Monthly Decline

Private sector job gains in the Bush years may fall below 3 million by November.
Posted on Jul 5, 2008, Source: TruthOut.org

Low-Income Renters Paying Tab for the Housing Bailout

That's right; Congress wants to take away money from low-income renters to help bankers who made bad loans.
Posted on May 20, 2008, Source: TruthOut.org

Three Things That Won't Help End the Foreclosure Crisis

Falling home prices, rising foreclosures rates, and a slowing economy have created a perfect storm for U.S. homeowners.
Posted on May 15, 2008, Source: Center for Economic and Policy Research

Socialism for the Rich: Bailing Out the Bankers and Builders

The centerpiece of the "Foreclosure Prevention Act" approved by the Senate is a tax break for the homebuilders and the mortgage bankers.
Posted on Apr 10, 2008, Source: TruthOut.org

Economic Meltdown: A 'Teachable Moment' About Socialism for the Rich

Rather than taking this opportunity to tighten the screws, many progressives are actually cheering on plans to bail out the ridiculously rich.
Posted on Mar 24, 2008, Source: TruthOut.org

Is Bush to Blame for the Economy?

Presidents don't deserve all the blame (or credit) for the economy's performance, but Bush turned a blind eye to the mounting economic crisis.
Posted on Mar 4, 2008, Source: The American Prospect

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