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Stories by Dean Baker

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Raising Taxes to Bail out Robert Rubin

The government wants to hand banks tens of billions of dollars by buying up their bad mortgage debt.
Posted on Feb 26, 2008

These Loans Were Made for Walking: The End of the Subprime Crisis

The debt crisis is moving into high-end loans.
Posted on Feb 6, 2008

Bernanke and the Super Nanny-State

If a government that protects ordinary people is a "nanny state," then one protecting the super-rich deserves the title of "super nanny state."
Posted on Jan 29, 2008

There Could be a Green Lining in Those Dark Clouds of Recession

If policy-makers would think outside the box, a stimulus package to mitigate the recession might have a real impact.
Posted on Jan 17, 2008

Edwards Only Top Dem to Take on Wall Street

When it comes to economic policy, only one of the Democratic frontrunners seems set to challenge corporate power.
Posted on Dec 26, 2007

Santa Claus Comes to Wall Street

All of us, as taxpayers, have done our part to ensure that Wall Street's fat cats have a happy holiday season.
Posted on Dec 24, 2007

Alan Greenspan: The Boy in the Bubble

Even long-time Greenspan watchers had to be impressed by his latest effort at self-vindication.
Posted on Dec 20, 2007

Can't Afford That Operation? Fly to Another Country

The cost of medical care in the US is becoming so ridiculous it invites an absurd solution: fly Americans to hospitals overseas.
Posted on Nov 12, 2007

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