Stories by Dean Baker

Dean Baker is the co-director of the Center for Economic and Policy Research (CEPR). His most recent book is Plunder and Blunder: The Rise and Fall of the Bubble Economy. He also has a blog, Beat the Press. subscribe to Dean Baker's feed

Posted on: Feb 3, 2011, Source: AlterNet

Bankrupt states could tell teachers, highway patrol officers, and other public employees that they're not getting the pensions they were expecting, even if already retired.

Posted on: Jan 20, 2011, Source: Center for Economic and Policy Research

Th folks trying to slash Social Security face enormous political opposition and have no good argument for their case. They're going to have to lie, cheat, steal to do it.

Posted on: Jan 12, 2011, Source: Center for Economic and Policy Research

Obama's picks of Bill Daley and Gene Sperling will likely result in tens of millions of people across the country experience serious economic hardship.

Posted on: Dec 20, 2010, Source: AlterNet

We have to push President Obama to announce in advance that he will never sign a debt ceiling bill that includes cuts to Social Security and Medicare.

Posted on: Dec 13, 2010, Source: AlterNet

The establishment is telling us that if Congress doesn’t approve the package Obama negotiated with the GOP, it will be the end of the world!

Posted on: Nov 14, 2010, Source: Boston Review

If the current deficit were larger, we would have more jobs and growth. But many deficit hawks seem more interested in cutting benefits than economic truths.

Posted on: Oct 18, 2010, Source: AlterNet

The highest rates of foreclosure are on the quick and dirty loans made at the peak of the bubble.

Posted on: Oct 7, 2010, Source: AlterNet

A modest tax on Wall Street financial speculation could raise more than $150 billion a year -- money that would go a long way toward funding a serious jobs agenda.

Posted on: Oct 5, 2010, Source:

The only way that the deficit hawks can make good on the goal of reducing foreign borrowing is by slowing growth and raising the unemployment rate.

Posted on: Sep 21, 2010, Source: The Guardian

The same crew that tapped our pockets two years ago is eagerly pitching the line that their bailout was good for us.

Posted on: Aug 5, 2010, Source: AlterNet

Economists are still spinning fairy tales so they can celebrate bank bailouts. Too bad everybody's still broke and out of work.

Posted on: Jul 20, 2010, Source: ISN

15 million are unemployed, but unfortunately none of the people responsible for the recession are in that category.

Posted on: Jul 6, 2010, Source: The Guardian

From now until Nov. 2, the Republican Party will be the party of unemployment.

Posted on: May 27, 2010, Source: AlterNet

There has been little change in personnel and no acknowledgment of error at the central banks whose incompetence was responsible for the crisis.

Posted on: Apr 28, 2010, Source: Comment Is Free

Worried about the deficit? Wall Street is the problem, not Social Security.

Posted on: Mar 31, 2010, Source: Democracy Now!

The biggest winners in Obama's latest foreclosure prevention plan are the banks that created this mess.

Posted on: Mar 8, 2010, Source:

Robert Rubin put in place all the pieces that set up the economy for the disaster that we are now living through. Why can't he get off the stage?

Posted on: Feb 8, 2010, Source: PoliPoint Press

An $8 trillion housing bubble fostered by the Federal Reserve has burst, and with it much of the wealth of America's middle class.

Posted on: Feb 3, 2010, Source: Boston Review

Big bank CEOs like to trumpet free-market ideology, but they depend on the government for survival in good times and bad.

Posted on: Jan 26, 2010, Source: The Guardian

It isn't Bernanke's job to bail out Wall Street at the expense of the rest of the country. It is his job to prevent the growth of dangerous bubbles. Time to go.

Posted on: Dec 9, 2009, Source:

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: Nov 24, 2009, Source: CounterPunch

The halls of Congress are infected with financial industry lobbyists looking to block necessary changes to our broken financial system.

Posted on: Nov 2, 2009, Source: AlterNet

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: Oct 27, 2009, Source:

This is a case where the simple facts and persistent grassroots pressure may overcome the political power of a major industry.

Posted on: Oct 6, 2009, Source: AlterNet

So far we've seen economic recovery for the few, while the many live in continued pain.

Posted on: Aug 6, 2009, Source: Huffington Post

It might -- and that would be a good thing for business owners, manufacturing and those who are self-employed.

Posted on: Jul 15, 2009, Source: The Guardian

Politicians and pundits in Washington are either too ignorant, dishonest, or scared to talk about the expenditures that this economy needs.

Posted on: Jul 7, 2009, Source: AlterNet

If the public plan is bad, then people will just stay with the options currently available in the private sector.

Posted on: Jun 23, 2009, Source: AlterNet

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 16, 2009, Source: AlterNet

Insurers don't want to compete with a well-run public plan. Let's hope they have to.

Posted on: May 18, 2009, Source: AlterNet

Our health care system isn't getting fixed because the people who run it like it just the way it is.

Posted on: May 4, 2009, Source: AlterNet

What the new Chrysler will be getting from abroad is technology and top management.

Posted on: Apr 20, 2009, Source: AlterNet

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: Mar 31, 2009, Source: AlterNet

Some hedge and equity fund managers could make hundreds of millions or even billions off the Geithner plan.

Posted on: Mar 18, 2009, Source: Comment Is Free

Officials were wrong to let Lehman Brothers go bankrupt. Now they wrongly assume that all banks are too big to fail.

Posted on: Mar 16, 2009, Source: AlterNet

The top priority for the anti-Granny lobby is to cut Social Security and Medicare.

Posted on: Mar 10, 2009, Source: AlterNet

It's time for the government to prioritize the wellbeing of people over the wellbeing of insurance companies.

Posted on: Mar 4, 2009, Source: The Guardian

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: Feb 19, 2009, Source: Comment Is Free

Here's a cheap and effective form of economic stimulus -- tell America's baby boomers that their welfare benefits are safe.

Posted on: Feb 9, 2009, Source: AlterNet

Unfortunately, many liberals have not moved beyond Lyndon Johnson's thinking on the role of the government in the economy.