Here Comes Trouble: Stories from My Life

"Outstanding…Moore Triumphs! Publishers Weekly

Open Mike

Blogger Profile: Dean Baker

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, DC. He writes a weekly column for the Guardian Unlimited (UK), and his blog, Beat the Press, features commentary on economic reporting. His analyses have appeared in many major publications, including the Atlantic Monthly, the Washington Post, the London Financial Times, and the New York Daily News. He received his Ph.D in economics from the University of Michigan.

Baker is author of many books, including Plunder and Blunder: The Rise and Fall of the Bubble Economy (Polipoint Press, 2009); The United States Since 1980 (Cambridge University Press, 2007); and The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer (Center for Economic and Policy Research, 2006).

Dean Baker's Blogs

Page 1 of 6 Last

Dean Baker

Co-Director, CEPR

December 5th, 2013

Pension Theft: Class War Goes to the Next Stage

In the past two days we've seen a federal judge rule that Detroit can go bankrupt, putting its workers' pensions in jeopardy, and we have seen Illinois' Legislature vote for substantial cuts in its retirees' pensions. Undoubtedly these two actions are just the tip of the iceberg. We have opened ... continue reading

Dean Baker

Co-Director, CEPR

September 17th, 2013

Anniversary Present for Wall Street Banks: A Financial Speculation Tax

As we mark the fifth anniversary of the Wall Street bailouts, it is clear that little has changed in the way they do business. They are still engaging in the same sorts of market manipulation and tax gaming as they did before the crisis. The weak conditions on the bailout ... continue reading

Dean Baker

Co-Director, CEPR

July 24th, 2013

The Return of Larry Summers?

According to accounts in the business press, there is a campaign among Washington insiders to get Larry Summers appointed as Ben Bernanke's replacement as Federal Reserve Board chair. This could end up being the scariest horror movie of the summer. It is bizarre that Summers would be seriously considered as ... continue reading

Dean Baker

Co-Director, CEPR

July 19th, 2013

In Detroit’s Bankruptcy Why Are Contracts with Workers a Joke?

The decision by the City of Detroit to declare bankruptcy came as a shock to many. Detroit, which was once the nation’s fifth-biggest city, is by far the largest government in the United States ever to declare bankruptcy. While Detroit has been seeing a falling population and worsening finances for ... continue reading

Dean Baker

Co-Director, CEPR

June 19th, 2013

Celebrate the Defeat of the Granny Bashers!

It isn't often that progressives in the United States have much to celebrate. After all, the news has swung between bad and worse for most of the last three decades. That is why we should be celebrating the victory over the Campaign to Fix the Debt and its efforts to ... continue reading

Dean Baker

Co-Director, CEPR

February 5th, 2013

Tax Games and Redistributing Income Upward

The corporate profit share of national income is near a post-World War II high. The share of income going to the richest 1 percent is almost at its pre-Depression peak. These would seem like impressive accomplishments but the process of upward redistribution, from Joe Sixpack to Joe Six Houses, is ... continue reading

Dean Baker

Co-Director, CEPR

January 30th, 2013

Timothy Geithner Saved Wall Street, Not the Economy

The accolades for Timothy Geithner came on so thick and heavy in the last week that it's necessary for those of us in the reality-based community to bring the discussion back to earth. The basic facts of the matter are very straightforward. Timothy Geithner and the bailout he helped engineer ... continue reading

Dean Baker

Co-Director, CEPR

December 19th, 2012

Michigan Republicans Deny Police Officers and Firefighters the Right to Work

That is what the headlines would say if anyone really believed that the anti-union laws passed last week in Michigan actually had anything to do with the rights of workers. When the legislature outlawed contracts requiring workers who benefit from union representation to pay for that representation, it explicitly exempted ... continue reading

Dean Baker

Co-Director, CEPR

December 3rd, 2012

The Serious People Are on the War Path

Fans of arithmetic everywhere know that the large deficits of the last five years are the result of the economic downturn caused by the collapse of the housing bubble. But those taking part in deficit discussions in Washington won't allow such numbers into the discussion. The Serious People in Washington, ... continue reading

Dean Baker

Co-Director, CEPR

October 15th, 2012

The wrecking society: Economics today

There is an old story from the heyday of the Soviet Union. As part of their May Day celebrations they were parading their latest weapon systems down the street in front of the Kremlin. There was a long column of their newest tanks, followed by a row of tractors pulling ... continue reading

Dean Baker

Co-Director, CEPR

September 2nd, 2012

Poverty: The New Growth Industry in America

Recent trends in poverty rates should have the country furious at its leaders. When we get the data for 2011 next month, we are likely to see yet another uptick in poverty rates, reversing almost 50 years of economic progress. The percentage of people in extreme poverty, with incomes less ... continue reading

Dean Baker

Co-Director, CEPR

August 21st, 2012

'Courage' in Washington Doesn't Have the Same Meaning

Last week Vice President Joe Biden did a courageous thing, he promised an audience in southern Virginia that there will be no cuts whatsoever to Social Security in a second Obama Administration. He used the strongest possible language, telling customers at a local diner: "I guarantee you, flat guarantee you, ... continue reading

Dean Baker

Co-Director, CEPR

August 13th, 2012

Rep. Paul Ryan's Far-Right Agenda: The Media Can't Take the Truth

In principle, the country faces a choice this fall between a moderate conservative, President Obama, and Governor Romney, an extreme conservative who wants to privatize Social Security and Medicare and eliminate most of the services that the public expects from the federal government. The reason why this choice only exists ... continue reading

Dean Baker

Co-Director, CEPR

July 31st, 2012

The CEO Plan to Steal Your Social Security and Medicare

Many people are following the presidential election closely with the idea that the outcome will have a major impact on national policy. However, according to Steven Pearlstein, a veteran Washington Post columnist and reporter, it may not matter who wins the election. In a column last week, Pearlstein told readers ... continue reading

Dean Baker

Co-Director, CEPR

July 17th, 2012

California Gold Rush? Righting Underwater Mortgages

Ever since the housing bubble collapsed, the Federal government has refused to take major initiatives to help underwater homeowners. As a result, we are likely to see close to one million foreclosures both this year and next, with the numbers only gradually slipping back to normal levels by the end ... continue reading

Dean Baker

Co-Director, CEPR

July 9th, 2012

The DC blackouts and global warming: The whole planet contributes to global warming, but the world's poor are facing the consequences

Millions of people across the US East Coast are sweltering in near record temperatures. In the Washington area, tens of thousands have been dealing with the heat without air conditioning or power due to a storm the prior weekend. The remarkable part of this story is that almost no one ... continue reading

Dean Baker

Co-Director, CEPR

July 4th, 2012

Why Americans should work less – the way Germans do

Nobel Laureate Paul Krugman and Richard Layard, a distinguished British economist, took the lead last week in drafting a sign-on "Manifesto for Economic Common Sense", condemning the turn toward austerity in many countries. This manifesto seems destined to garner tens or even hundreds of thousands of signatures, including mine. While ... continue reading

Dean Baker

Co-Director, CEPR

July 2nd, 2012

A Wall Street Gambling Tax: The Remedy to Inequality

As the presidential election builds up steam, the Washington elites in both parties are actively scheming to find ways to cut Social Security and Medicare benefits for retired workers. The media have widely reported on efforts to slip through a version of the deficit reduction plan developed by Morgan Stanley ... continue reading

Dean Baker

Co-Director, CEPR

June 19th, 2012

Liberals Working for the Right

Last week Washington Post blogger Greg Sargent picked up on a blogpost from Democracy editor Michael Tomasky about how liberals should be touting the merits of "government." That is a great idea, if the point is to advance the conservatives' agenda. It is astounding how happy liberals are to work ... continue reading

Dean Baker

Co-Director, CEPR

June 14th, 2012

The return of the 'demographic crisis': The projection of a continued decline in the ratio of workers to retirees is nothing to worry about

Washington, DC - There is a renewed drum beat in the media about the coming crisis in both the United States and elsewhere of an ageing population. The story goes that we will have too few workers to support a growing population of retirees - scary stuff. While this is probably ... continue reading

Dean Baker

Co-Director, CEPR

May 22nd, 2012

Mortgage and Securitization Fraud: Where Is the Task Force?

It was almost four years ago that Federal Reserve Board Chairman Ben Bernanke, Treasury Secretary Henry Paul Paulson and then New York Fed Bank President Timothy Geithner ran to Congress warning that the end of the world was near. They told members of Congress that the banks were drowning in ... continue reading

Dean Baker

Co-Director, CEPR

May 15th, 2012

Deficit Reduction: The Great Distraction

This is the week of the third annual Deficit Fest, the event sponsored by Wall Street billionaire Peter G. Peterson. At this event, many of the people most responsible for the current downturn come together to tell us why we should be worried about the deficit at a time when ... continue reading

Dean Baker

Co-Director, CEPR

May 10th, 2012

Bernie Sanders Advocates a Free Market in AIDS Drugs

Drugs are cheap. Patent monopolies are expensive. These are simple facts that everyone should know but for some reason few do. The point here is simple; the vast majority of drugs are cheap to produce. Chain drug stores sell hundreds of generic drugs for $5-$7 per prescription. They can do ... continue reading

Dean Baker

Co-Director, CEPR

May 2nd, 2012

Mitt Romney's Partner in Crime: Ed Conrad's Unintended Consequences

It's standard practice during the election campaign for presidential candidates to publish an autobiographical account of their rise to stardom or their philosophy of life and politics. However in keeping with his commitment to innovative business practices, it seems that Mitt Romney has outsourced this task to Ed Conrad, one ... continue reading

Dean Baker

Co-Director, CEPR

May 1st, 2012

Budget Bunk: The Old Pox on Both Your Houses Game

In Washington all serious people routinely write columns in which they set themselves above the political fray and pronounce the Republicans and Democrats equally to blame for political gridlock and all that they see wrong with the world. Today, it is my turn. Of course beating up on the Republicans ... continue reading

Page 1 of 6 Last

George W. Bush Debuts New Paintings Of Dogs, Friends, Ghost Of Iraqi Child That Follows Him... www.theonion.com President Bush has a new hobby -- painting! --...

Apr 17th
7:28 PM
Read More

Big new story from David Sirota and Pando on top Christie adviser and appearance of corruption at New Jersey's pension fund: REVEALED: Gov....

Apr 17th
12:41 PM
Read More

FBI Uncovers Al-Qaeda Plot To Just Sit Back And Enjoy Collapse Of United States www.theonion.com WASHINGTON—The FBI announced today that it has uncovered a...

Apr 15th
3:28 PM
Read More

Revealed: Rahm Emanuel's top donor bought stock in Marriott just before it was awarded huge contract pando.com As schools are closed and pensions cut,...

Apr 9th
2:00 PM
Read More

I'll be at First Time Fest today in New York City at the screening of my first film, Roger & Me. Loews Village 7 at 12:30 pm. Come see it on the big...

Apr 5th
9:48 AM
Read More

Revealed: Rahm Emanuel cuts public pensions, diverts money to benefit campaign donors pando.com If you've read the financial news out of Chicago the last...

Apr 4th
2:19 PM
Read More

Please take a moment today to think of Casey Austin Sheehan, son of Cindy and Patrick, who was murdered by U.S. foreign policy in Sadr City, Baghdad ten years...

Apr 4th
2:00 PM
Read More

ICYMI - I've joined this "thunderclap" to support the Connecticut legislators who voted yes on last year's Act Concerning Gun Violence...

Apr 3rd
7:38 PM
Read More

I've joined this "thunderclap" to support the Connecticut legislators who voted yes on last year's Act Concerning Gun Violence Prevention...

Apr 2nd
8:27 PM
Read More

I am opposed to the death penalty, but to every rule there is usually an exception, and in this case I hope the criminals at General Motors will be arrested...

Apr 1st
3:55 PM
Read More

How Long Some in the US Will Survive Under New Health Law ...by Donna Smith www.michaelmoore.com Those who must access care to live and can afford it are not...

Mar 31st
10:13 PM
Read More

Last night, The Good Wife on the East Coast started 40 minutes late due to the overrun of the NCAA basketball game. If you had your DVR set for the show, you...

Mar 24th
5:41 PM
Read More

Watching films today, looking for the ones I'm going to pick for my film festival this summer. I (and a whole bunch of others!) have this thing we put on...

Mar 23rd
4:48 PM
Read More

When the U.S. Health Care System Keeps Killing, Who Cares Enough to Fight? ...by Donna Smith www.michaelmoore.com We have largely forgotten that people are at...

Mar 21st
5:56 PM
Read More

Tell the White House not to give up on Dr. Vivek Murthy's nomination as Surgeon General despite the ferocious opposition from the NRA: Don't give...

Mar 21st
5:38 PM
Read More

This criminal would never see a jail cell, nor would his cronies. In fact, they'd later be rewarded with re-election: Presidential Address on War with...

Mar 19th
9:40 PM
Read More

The crime of the century -- our invasion & slaughter in Iraq -- started 11 years ago tonite in this 7pm (ET) hour, March 19th, 2003: CNN Coverage of...

Mar 19th
9:08 PM
Read More

Washington’s Back-to-the-Future Military Policies in Africa ...by Nick Turse www.michaelmoore.com Nick Turse is an award-winning journalist, historian,...

Mar 17th
4:59 PM
Read More

"I think democracy is the most revolutionary thing in the world." -- Tony Benn, 1925-2014 Tony Benn in 'Sicko'

Mar 14th
10:07 AM
Read More

RIP Tony Benn, one of the UK's greatest leaders: Tony Benn, veteran Labour politician, dies aged 88 www.theguardian.com Former cabinet minister died at...

Mar 14th
9:53 AM
Read More

Please read this important story from K. Ford K.: Am I the Face of the New American Middle Class? www.huffingtonpost.com I began to feel I had slipped so low...

Mar 13th
2:24 PM
Read More

Yesterday Dianne Feinstein revealed that the CIA has been spying on the Senate Intelligence Committee. This is all about the report the committee has produced...

Mar 12th
6:48 PM
Read More

Health Care for All Colorado has brought Mercy Killers, a show written and performed by Michael Milligan about our murderous for-profit healthcare system, to...

Mar 10th
1:08 PM
Read More

Health Care Dramas that Sting and Why We Have to Watch ...by Donna Smith www.michaelmoore.com The realities Milligan has written into the show cut deep into...

Mar 10th
1:02 PM
Read More

Did you know the Lehrer Newshour on PBS has been produced for 20 years by a company owned by conservative cable billionaire John Malone? Me neither. After...

Mar 7th
8:39 PM
Read More

Mr. Obama, if int’l law is so damn crucial . . . | RootsAction.org act.rootsaction.org The Russian intervention deserves criticism. But let’s be clear. The...

Mar 6th
1:21 PM
Read More

Enron billionaire John Arnold thinks everyone should believe him when he says we've got to cut pensions because he's so incredibly rich: John...

Mar 5th
4:20 PM
Read More

More in David Sirota's continuing series on the billionaire takeover of PBS: More PBS conflict woes as activists move to eject David Koch from board of...

Mar 3rd
12:35 PM
Read More

Ukraine: One ‘Regime Change’ Too Many? ...by Ray McGovern www.michaelmoore.com Is “regime change” in Ukraine the bridge too far for the neoconservative...

Mar 2nd
9:25 PM
Read More

Subscribe to Mike's Blog RSS

Click here to suggest an article

Open Mike

See More Blogs

Vew the archives

View older articles