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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

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Dean Baker

Co-Director, CEPR

April 29th, 2012

Killing the Messenger: The Downsizing and Death of the Postal Service

It is fashionable to think of the postal service as an antiquated relic of a different era in the same way that all right-thinking people regarded standard 30-year fixed rate mortgages as old-fashioned at the peak of the housing bubble. Many of the same people who assured us that we ... continue reading

Dean Baker

Co-Director, CEPR

March 6th, 2012

Santa Claus, the Tooth Fairy and the Bowles-Simpson Commission Report

Parents often find it useful to tell their children about nonexistent creatures to instill habits of good behavior. It seems that many political leaders are going the same route. How else can one explain the repeated references to the Bowles-Simpson commission report and its advice to the country on how ... continue reading

Dean Baker

Co-Director, CEPR

February 22nd, 2012

What If the Next Steve Jobs Is Chinese?

As Apple's stock continues to hit record highs and its sales and profit reports exceed all expectations, Steve Jobs' reputation as an entrepreneurial genius grows ever larger. He succeeded in developing products that people around the world very much want to buy. In this sense, Jobs stands out from the ... continue reading

Dean Baker

Co-Director, CEPR

February 14th, 2012

Policy Follies in the Housing Market: The First-Time Homebuyers Tax Credit

The right is very good at making progressives pay for their mistakes. They still trot out failed programs from the '60s as a warning of the risks of wrongheaded liberalism. Unfortunately, the left cannot hold a grudge the same way; otherwise the folks who started the war in Iraq and ... continue reading

Dean Baker

Co-Director, CEPR

February 12th, 2012

NYT on Future of Government Safety Net, Misses Growth and Health Care Stories

The NYT had a thoughtful piece on the public's greater reliance on Social Security, Medicare and other benefits. While the piece provides many useful insights into the increasing importance of these programs in people's lives and their attitudes toward them, it does miss a few key points. First, it implies ... continue reading

Dean Baker

Co-Director, CEPR

February 3rd, 2012

A Competitive Dollar: The Missing Link in President Obama's Manufacturing Agenda

In his State of the Union Address last week, President Obama announced a renewed commitment to manufacturing in the United States. While the commitment to rebuilding the country's manufacturing base is welcome -- manufacturing has historically been a source of good-paying jobs for workers without college degrees -- he unfortunately ... continue reading

Dean Baker

Co-Director, CEPR

January 24th, 2012

The Surefire Way to End Online Piracy: End Copyright

The popular rebellion against the Stop Online Piracy Act (SOPA) was an impressive display of democracy in action. The opponents of the bill were able to use the web and various social media venues to educate the public about the specifics of the bill. The resulting flood of e-mails, phone ... continue reading

Dean Baker

Co-Director, CEPR

January 19th, 2012

Alan Greenspan's ship of fools

In keeping with its policy of releasing transcripts with a five-year lag, the Federal Reserve Board recently released the transcripts from its 2006 Open Market Committee (FOMC) meetings. There is much there to cause pain and amusement. In the latter category, there is probably nothing that can beat Treasury Secretary ... continue reading

Dean Baker

Co-Director, CEPR

January 17th, 2012

Time Is on Our Side: The Survival of Social Security

As we approach budget time we can look forward to another burst of hand wringing by the Washington elites, who will once again tell us about the need to cut Social Security and Medicare. News stories and opinion columns will be filled with solemn pronouncements about how these programs must ... continue reading

Dean Baker

Co-Director, CEPR

January 9th, 2012

Will Romney Lie His Way to the White House?

Mitt Romney seems ready to wield his version of birthirism as a major weapon in the fall campaign against President Obama. In his standard stump speech, he tells audiences that President Obama wants, "to replace our merit-based society with an entitlement society." According to Romney, this means a European-style welfare ... continue reading

Dean Baker

Co-Director, CEPR

January 3rd, 2012

Keystone Jobs Versus Competitive-Dollar Jobs

The new great hope for job creation in Washington is the Keystone pipeline, a plan to create a pipeline that would transport oil from Alberta, Canada, as far as New Orleans. According to the Republican leadership and other proponents of the pipeline, it is expected to create 20,000 jobs in ... continue reading

Dean Baker

Co-Director, CEPR

November 29th, 2011

Time to Retake Politics From the One Percent in Both Political Parties

The country is still celebrating the inability of the supercommittee to cut Social Security and Medicare, but it is important to move on from this victory to retake control of the political debate from the One Percent. As it stands, the One Percent are insisting that the country genuflect over ... continue reading

Dean Baker

Co-Director, CEPR

November 18th, 2011

Will the euro be destroyed by ideologues?

We could be living through the last days of the euro. That is not a happy thought. While there were many negative aspects to the rules governing the European Central Bank (ECB) and the eurozone economies, no one can want to see the economic chaos that will almost certainly follow ... continue reading

Dean Baker

Co-Director, CEPR

November 14th, 2011

The Myth of the Wealthy Elderly

The austerity gang seeking cuts to Social Security and Medicare have been vigorously promoting the myth that the elderly are an especially affluent and privileged group. Their argument is that because of their relative affluence, cuts to the programs upon which they depend is a simple matter of fairness. There ... continue reading

Dean Baker

Co-Director, CEPR

November 8th, 2011

The One Percent Turns Class War Into Generational War

Major news outlets like the Washington Post and National Public Radio constantly bombard us with news pieces on the budget deficit. Invariably these stories focus on the cost of "entitlements," which most of us know as Medicare, Medicaid and Social Security. The story pounded home in these pieces -- often ... continue reading

Dean Baker

Co-Director, CEPR

November 1st, 2011

Supercommittee of the One Percent Won't Even Think of Taxing Wall Street

If anyone still questioned who owns Washington, the Congressional supercommittee charged with reducing projected deficits by $1.2 trillion seems determined to end any doubts. According to press accounts, both the Republicans and Democrats on the committee support a plan to reduce average Social Security benefits by 3 percent. While whacking ... continue reading

Dean Baker

Co-Director, CEPR

October 25th, 2011

A Generation of CEOs Who Don’t Know How to Raise Wages

Those who follow the rants from our business leaders and their allies in politics and the media have been struck by a disquieting cry in recent months. We have been repeatedly told that, even though we have more than 25 million people unemployed or underemployed, businesses are unable to find ... continue reading

Dean Baker

Co-Director, CEPR

October 7th, 2011

Taxing nothing: Making empty homes pay

Virtually all forecasters are now projecting the unemployment rate to remain high for years into the future. This is the result of the political deadlock in Washington, where the Republican leadership has made it clear that it will oppose any further measures to create jobs. If nothing happens in Washington, ... continue reading

Dean Baker

Co-Director, CEPR

October 6th, 2011

Steve Jobs and Alan Greenspan

On the tragic passing of Steve Jobs, while still a relatively young man, it is interesting to juxtapose him to Alan Greenspan, one of the other iconic figures of our time. One made us rich, with a vast array of new products and new possibilities. The other made us poor ... continue reading

Dean Baker

Co-Director, CEPR

October 3rd, 2011

Bill Clinton Is Baaaaaaaaack!

The New York Times reported last week that former President Bill Clinton is working on a new book on economic policy to be released in time for next year's election. This is unfortunate, since Clinton stands alongside Alan Greenspan as one of the last people who should be giving the ... continue reading

Dean Baker

Co-Director, CEPR

September 26th, 2011

Why Don't the Deficit Hawks Want to Tax Wall Street?

The intensity with which the country's leading deficit hawks continue to ignore financial speculation taxes (FST) is getting ever more entertaining. While deficit hawks like Wall Street investment banker Peter Peterson, Morgan Stanley Director Erskine Bowles and The Washington Post never tire of preaching the virtues of shared sacrifice, somehow ... continue reading

Dean Baker

Co-Director, CEPR

September 12th, 2011

Does President Obama Want to Impose a Crushing Burden on Our Children?

Sorry deficit fanatics, this one has nothing to do with the cost of the stimulus or the deficits run-up during the Obama years. We're talking real money here. We're talking about plans to raise the age of Medicare eligibility to 67. To deficit hawks everywhere this is a great way ... continue reading

Dean Baker

Co-Director, CEPR

August 31st, 2011

Do Liberals Have to Be Losers?

National political discussion of the economics and budgets over the last two decades have been dominated by the debate over President Clinton's tax increase and President Bush's subsequent reversal of this tax hike. If we narrow down the focus to the hike on the richest 2 percent of the population, ... continue reading

Dean Baker

Co-Director, CEPR

August 29th, 2011

President Obama's job creation mirage

President Obama has discovered how serious the recession is. That's what he told an audience in Chicago last week. To be fair, he was referring to revised data from the commerce department showing that the falloff in GDP was larger than originally reported. But ridicule is appropriate. He and we ... continue reading

Dean Baker

Co-Director, CEPR

August 27th, 2011

Double-dip recession is unlikely

The latest fad among economic forecasters is to talk about the growing probability of a double-dip recession. They have raised fears that the economy will again go spiralling downward at a point where it has hardly made up any of the ground lost in the last recession. This is indeed ... continue reading

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If you have a moment today, I hope you can read the obituary for my father Francis (Frank) Moore, who died this past Saturday at the age of 92: Francis...

Apr 22nd
6:33 PM
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My father, Francis (Frank) Moore, passed away this morning a few months shy if his 93rd birthday. He was a great dad I am blessed to have had him in my life. I...

Apr 20th
2:58 AM
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Time to put the cuffs on Chris Christie -- not for the bridge scandal, but for this: Chris Christie's $300m pension proposal broke state anti-corruption...

Apr 18th
7:31 PM
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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"I think democracy is the most revolutionary thing in the world." -- Tony Benn, 1925-2014 Tony Benn in 'Sicko'

Mar 14th
10:07 AM
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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
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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
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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
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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
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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
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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
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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
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