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Dean Baker

Failure of Korean Trade Deal Voids TPP

Leo W. Gerard | Posted 05.09.2016 | Business
Leo W. Gerard

Just like NAFTA, just like China's entry into the World Trade Organization (WTO), free traders swore that the Korean deal would shower jobs and economic prosperity down on America. It didn't happen. Actually, the exact opposite did.

Waiting for the TPP

David Coates | Posted 11.05.2015 | Politics
David Coates

The emptiness of past promises stands as a stark warning of the likely emptiness of the promises now to come. We know the trade deal that America needs. If the TPP is not do that, it does not deserve our support: and if it does not deserve our support, that support should not be given.

As in 2010, Dems Lost in 2014 Without an Economic Message Worth Fighting For

Roger Hickey | Posted 01.19.2015 | Politics
Roger Hickey

The 2014 election was just as disastrous as 2010. Many observers now agree that Democrats again lost big because they failed to offer a clear economic message to economically insecure voters -- and they once again failed to attack Republicans for sabotaging action to create jobs.

Why Gloom And Doom Is Not A Good Strategy For Climate Change Advocates

Carol Pierson Holding | Posted 11.17.2014 | Green
Carol Pierson Holding

The idea of branding climate change could seem like another exercise in navel-gazing unless you consider the effectiveness of the opposition. They've got branding down, relentlessly repeating the mantra, "science is inconclusive and solutions are exorbitant and unproven."

Has Washington Finally Woken Up to the Real Meaning of Social Security?

Josh Rosenblum | Posted 02.19.2014 | Politics
Josh Rosenblum

This week as the Senate worked to pass a bipartisan budget framework that doesn't cut Social Security or Medicare benefits; a hearing without the same fanfare took place just steps away. In a high-ceilinged, wood-paneled committee room, U.S. Senator Sherrod Brown (D-OH) chaired a hearing that might prove the more historical moment of the week.

Watch: The Top Secret Trade Deal You Need to Know About

Bill Moyers | Posted 01.23.2014 | Politics
Bill Moyers

A cornerstone of President Obama's plan to create more American jobs is a new agreement called the Trans-Pacific Partnership (TPP), referred to by some as "NAFTA on steroids." On Moyers & Company, we discuss the TPP with two perceptive observers of the global economy.

GOP Should Shut Down the Chained CPI

Max Richtman | Posted 01.23.2014 | Politics
Max Richtman

Given the economy's slow rebound, is this really their plan to strengthen America? Is there any community which can afford to lose millions of dollars and hundreds of jobs over the next decade?

Mr. President, Please Define 'Slash'

Max Richtman | Posted 05.21.2013 | Politics
Max Richtman

President Obama's proposal cutting Social Security benefits for both current and future retirees has once again become a deficit debate bargaining chip. However, as a consolation, the president promises he won't "slash" benefits. Mr. President, please define "slash."

A Lucky 7.7%... Or Not

JVS Los Angeles | Posted 05.13.2013 | Impact
JVS Los Angeles

Our caseworkers and job developers typically submit some stirring and heartwarming clients, and this year's batch was no different.

Mainstream Myths About the Minimum Wage

John R. Burbank | Posted 05.11.2013 | Business
John R. Burbank

Raising the minimum wage so that it keeps up with the increases in productivity of the American worker is not a half-rate measure. Rather, it is one important tool in rebuilding the middle class.

Congressional Republicans and the Sequestration Squeeze

Peter J. Ognibene | Posted 05.04.2013 | Politics
Peter J. Ognibene

Republicans on Capitol Hill have dug themselves into a deep and narrow chasm whose walls are about to close in. In a matter of weeks, they may find themselves squeezed mercilessly between their implacable right wing and constituents feeling the pain of sequestration.

If Government 'Acted Like a Business,' It Would Reject Today's Deficit Madness

Richard (RJ) Eskow | Posted 04.29.2013 | Politics
Richard (RJ) Eskow

We know that Washington insiders -- and their corporate sponsors -- will keep trying to perpetuate their self-serving mythologies. But let's stop saying that "government should act more like a business." They don't even know what that means.

Risky Business

Richard C. Leone | Posted 03.27.2013 | Business
Richard C. Leone

It's common to cite Medicare, Medicaid, and Social Security as cushioning the burdens of old age and providing access to otherwise unaffordable health care. But how often do we think of them as protecting our backs in an uncertain, risky, and rapidly changing global economy?

Dear Mr. Speaker!

Frances Causey | Posted 03.11.2013 | Politics
Frances Causey

Work no longer pays in America. The game is fundamentally rigged and ordinary people who do everything right, who play by rules still end up with the short end of the stick.

First Loyalties

Mike Lux | Posted 02.17.2013 | Politics
Mike Lux

The President will do what he thinks is best. The rest of us need to as well. If the deal goes down, it will be quite a way to start the President's second term, an ugly fight with the people who fought by his side to elect him.

Deficit Obsession Is a Creation of the Ultra Right's Message Machine

Frances Causey | Posted 02.03.2013 | Politics
Frances Causey

Working Americans are paying the price as the parameters of the current debate around the deficit, budget and the so-called fiscal cliff are being defined by the likes of Goldman Sachs. There can be little doubt that working people are not represented in Washington.

If Deficits Are So Bad, Shouldn't We Be Celebrating the Coming 'Fiscal Cliff'?

Jonathan Weiler | Posted 12.17.2012 | Politics
Jonathan Weiler

The fact that virtually no one actually thinks reaching the fiscal cliff is a good thing when push comes to shove tells you everything you need to know about how absurd and besides the point our debates about deficit issues have been.

Saki Knafo

Economists React To Biden-Ryan Debate | Saki Knafo | Posted 10.12.2012 | Politics

Left-leaning economists offered a variety of reactions to Thursday night's debate, including pleasure with Vice President Joe Biden's aggressive defen...

Saki Knafo

Eight Reasons Why We Shouldn't Worry About The Deficit | Saki Knafo | Posted 10.03.2012 | Politics

As the fiscal year comes to a close, President Barack Obama is facing another trillion dollar deficit, and he likely will be called upon to address th...

Overpaid Public Workers: Actually, We're Moving Toward Consensus

Jason Richwine | Posted 07.01.2012 | Business
Jason Richwine

Most Americans agree that public workers should be compensated for their skills at the same market rates as private employees. But right now, many public workers get an unjustified premium.

Why Do So Many Elites Hate Social Security?

Dave Johnson | Posted 06.11.2012 | Politics
Dave Johnson

This week there was another big attack on Social Security by another elite. This time the attack comes from a columnist. These attacks never come from people who depend on these programs (i.e. almost all of us.) Why do the privileged elites hate Social Security so much?

Bonnie Kavoussi

Foreclosure Filings Fell Steeply In 2011, Little Consolation For Struggling Homeowners | Bonnie Kavoussi | Posted 02.03.2012 | Business

Foreclosure filings fell dramatically last year, according to a report released Thursday. Several prominent economists said the news was a sign that t...

Will the Media Let Ron Paul Question U.S. Foreign Policy?

Robert Naiman | Posted 02.14.2012 | Media
Robert Naiman

It's a crucial test case not only of the prospects that the media will serve the interests of the 99% rather than the 1%, but of the prospects for a foreign military and economic policy that reflects the values and interests of the 99%, rather than those of the 1%.

Alexander Eichler

Jay Carney: Economists Didn't Know How Bad The Recession Would Get | Alexander Eichler | Posted 12.09.2011 | Business

White House Press Secretary Jay Carney made a surprising assertion on MSNBC Wednesday, saying that in early 2009, as Barack Obama was taking office, t...

Eamon Murphy

Larry Summers Denounces Inequality -- But Why? | Eamon Murphy | Posted 11.28.2011 | Business

Why is Larry Summers suddenly so worried about inequality? The Harvard professor -- a former U.S. Treasury Secretary and Barack Obama’s first D...