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

Correcting 11 Washington Post’s Charts That Are Supposed to Tell How the Economy Changed Since Covid

by Dean Baker CEPR Not much of a surprise here the 11 Washington Post’s Charts need some explaining to correct the misinterpretation of them by WaPo. The issue here is the amount of bad or false information floating around in the news media today. People tend to believe what they initially read and go no […]

What One Economist Wants to Hear on Thursday’s SOTU Address

Up-Dated: Dean Baker, CEPR co-founder and Senior Economist, shares what he wants to hear from the President during Thursday’s #SOTU2024. Dean Baker and CEPR hopes Joe Biden reminds the country of his strong economic record while offering substantive policy pathways to bring more relief to the hard issues many face every day. He surmises what […]

Social Security and Medicare: Fun with Numbers Time

I have added little to this commentary. Economist Dean Baker has taken a position on various aspects of the economy. A positive position which you will see many other commentaries trashing. We avoided one hell of a recession to date which would have been the equal to the 2008 collapse due to Wall Street’s addiction […]

GDP: Soaring Structure Investment Makes Up for Slowing Consumption, as GDP Grows at 2.4 Percent in Q2

Some Points . . . Healthcare services slight increases as a share of total consumer spending in the quarter, rising from 15.9 percent to 16.0 percent of total consumption and down from 17+ percent. Hopes are healthcare stays at that rate. Structure investment increases at a 9.7 percent annual rate after growing at a 15.8 […]

Will Dean Baker’s Quiver Full of Solutions Stabilize Social Security?

Dean is on a roll here with propositions for the nation as it ages. Thoughtfully, I called it initially a Quiver of Arrows in Support of the economy and in the end Social Security. He is answering a question of what do we need to do to prepare for an aging population and lower replacement […]

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 […]