Relevant and even prescient commentary on news, politics and the economy.

Does Being Balanced at the New York Times Mean Giving the Right Space to Lie?

Perfect follow-up to Dean’s earlier commentary “Declining population and diminished national power is bad news?” which I also posted at Angry Bear. In Dean’s earlier commentary, he makes a point of declining population not being a big issue. Decreasing productivity would be a far bigger issue except it is not an issue in the US. […]

Declining population and diminished national power is bad news?

My Thoughts I am not sure what Prof. Dean means by elites. Was looking for an explanation. It may have zoomed by me if it is not obviously called out. In the beginning of his commentary, we read of declining population in China. The makeup of the population is older. Been there numerous times going […]

Discussion on Solutions to Social Security at Angry Bear

A different viewpoint by myself which is not so new and very workable. Dean Baker at CEPR offers up his viewpoint on saving Social Security. I believe we are in close proximity to a solution except I would suggest a different source of funds. Dale, Bruce, and Arne have talked this simple solution up until […]

Census and WaPo at Odds Over Effect of Inflation on Low-Income Families

As I read Dean Baker’s perspective on Low Income families, I find it hard to believe. The market in the Southwest has dried up due to high prices and interest rates. One or the other has to be lower to attract buyers. Builders have not lower prices and bank rates have remained high. One builder […]

“Whacking Labor” to Fight Inflation and Fix the Economy

It is refreshing to see Dean Baker using one of the words I use to describe what the FED does when they are hiking Interest Rates. Those FED actions do not create results over night. Because they can’t, read on. Powell appears to be frustrated by the lack of economic slowing. Maybe there are other […]

The Semiconductor Bill and Moderna Billionaires

A lot has been said about building semiconductor manufacturing plants in the US. One plant grows the silicon wafers and the other plant fabricates (fabs) the semiconductors. The manufacture of semiconductors is not labor intensive. Growing wafers is boring business as one engineer told me a decade back. The US did manufacture much of its […]

Why did Paul Krugman and the Washington Post editorial board—both of whom know better—misrepresent that it was Sanders rather than the New York Daily News editorial board that was wrong about what Dodd-Frank provides, and about whether it would be Treasury or instead the financial institutions themselves that would determine the method of paring down?

As Dean Baker and several (mostly) alternative-media and hobbyist bloggers—including actual experts on Dodd-Frank and on financial-institution governance—have noted since the New York Daily News editorial board released a transcript last Tuesday of its interview with Bernie Sanders, it was not Sanders but instead members of that editorial board who were deeply confused about what […]

Dean Baker: “An Aging Society Is No Problem When Wages Rise”

The argument behind MJ.ABW in relation to Social Security (More Jobs. At Better Wages) by real economist and mentor Dean Baker of CEPR. Also an implicit underpinning of the Northwest Plan for a Real Social Security Fix. The whole thing is short if you want to read through: An Aging Society Is No Problem When […]