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Dean BakerHuffPost |
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
The May Jobs report was stronger than most people, including me, had expected. The 172,000 jobs created is not exactly earth-shattering, but in a...
Last year the major anomaly in the labor market seemed to be that we were seeing very weak job growth and only a limited rise in the unemployment...
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
Cancelling Billion: Cancelling Billionaires Before They Cancel Us: The Urgent Case for a Wealth Tax By Linda McQuaig and Neil Brooks Dundurn Press...
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
With many left-of-center types coming up with their plans for reforming healthcare, in the event the Democrats retake the White House in 2028, I...
When the Commerce Department released April data on consumption, the uptick in reported inflation got most of the attention. While that is big news,...
I thought I’d take advantage of a lazy Memorial Day to re-up some of my standard complaints about the world and the quality of the information we...
The collapse of both the ’90s tech bubble and the ’00s housing bubble had a devastating impact on the lives of tens of millions of workers. And...
On Wednesday, the Washington Post ran a short piece with the headline, “Musk’s SpaceX Discloses Massive Losses Ahead of Expected Record-Breaking...
Last week, I was briefly sent into a rage, throwing ketchup against the wall, when I saw that one of the Murdoch sons was buying up Vox Media. After...
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
As we all wait for reality, and/or China, to catch up with the Silicon Valley AI boys, it might be a good time to go back in time a bit and see what...
I have no idea how smart or stupid Elon Musk actually is. Unlike Donald Trump, I don’t do IQ testing. But like everyone else in the world, I can...
When Trump decided to whack us with his “liberation day” tariffs last April, he assured us that exporters would eat the tariffs, so that consumers...
I will be the first to admit that comparing GDP growth across countries is generally a silly exercise. We care about how people are living: can they...
Back when George W. Bush was doing his big drive to privatize Social Security, I got upset because he was using bogus numbers that grossly exaggerated...
There is widespread concern that AI will lead to mass unemployment in the years ahead. As I and others have pointed out, we have yet to see any...
Since Trump began his war on Iran, there have been a number of occasions where the price of oil futures tumbles just before Trump issues one of his...
Many of the Trump crew seem to be delusional about Trump accounts. They claim to believe that they will replace Social Security. It shouldn’t be a...
It doesn’t appear as though the jump in energy prices has yet had much effect on the labor market, as the economy added 115,000 jobs in April....
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
Suppose there was an explosion at an oil refinery that killed hundreds of people. Presumably, there would be a major investigation to determine what...
GDP Growth Was Driven by a Jump in Federal Government Spending Spending by the federal government fell at a 16.6% annual rate in the 4th quarter. This...
GDP grew at a 2.0 percent annual rate in the first quarter, driven by large increases in investment and government spending. Non-residential...
While we wait to see whether Trump will restart his war in Iran, we can take a moment to look at the positive side. Trump has done more with this...
Trump is both an incredibly ignorant person and incredibly dishonest person. As a result, when he claims ignorance of an obvious fact it is difficult...
The only way our people-powered media model can survive is with the support of readers like you. Will you donate today to keep nonprofit journalism...
The Economist gave us a classically sloppy piece last week, telling us that we need the mega-wealthy types like Elon Musk and Mark Zuckerberg. The...
When we look at data on life expectancy, that seems like a reasonable question to ask. We can argue over the causes and mechanisms, but it is an...
I’m going back to harping on one of my favorite topics, because it is really necessary right now. The $1.5
I’m going back to harping on one of my favorite topics, because it is really necessary right now. The $1.5 trillion that Donald Trump is asking for...
Imagine celebrating the price of corn or wheat hitting a record high. That would make perfect sense if you grew corn or wheat, but it’s hard to see...
Imagine celebrating the price of corn or wheat hitting a record high. That would make perfect sense if you grew
My friend Jared Bernstein calls our attention to the rebirth of the inflation hawks. Apparently, there is a new craze among economists
With so much going on, I managed to miss the release of data on existing home sales for March. According to the National Association of Realtors, it...
With the war on Iran partially paused, this might be a good time to turn to the war on crypto. Everyone knows crypto, that giant cesspool masquerading...
Since it seems for the moment that Netanyahu and Donald Trump have stepped back from their bombing entertainment in Iran
As expected, inflation was sharply higher in March than in prior months. The overall inflation rate for March was 1.3 percent, although inflation in...
Let me be straight: the March jobs report was much better than I had expected. I always give my wife my predictions just before the report comes out,...
Let me be straight: The March jobs report was much better than I had expected. I always give my wife
Our Secretary of Defense (or War) Pete Hegseth seems to be having a really great time killing people in Iran, but his live action video games come at...
There is an effort by several progressive unions and other organizations to put a 5% wealth tax for the state’s
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
The New York Times had an interesting piece on the implications of Ozempic becoming available as a generic in India, China, and several other...
We know Donald Trump gets easily confused. During his campaign, he repeatedly insisted that he would keep us out of a war in Iran. Now, after being in...
A weather person who told us to bundle up for the cold weather, but also be sure to drink plenty of fluids to protect against the heat, would not be...
The New York Times had an interesting piece on the implications of Ozempic becoming available as a generic in India, China, and
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