Dean Baker

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Wednesday, April 26, 2017
Donald Trump's Big Tax Cut... For Himself
According to press accounts, Donald Trump seems prepared to put out a tax cut proposal that could net him hundreds of millions of dollars over the next decade. It probably won't do much to help the rest of us, but folks who were worried about whether President Trump would be able to pay off his...
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Tuesday, April 25, 2017
President Trump’s Dramatic Retreat on Trade
Trade was a major theme in President Trump’s campaign. He repeatedly complained that our trade negotiators were stupid and therefore had negotiated bad trade agreements. These bad trade deals are the cause of our trade deficits, which have cost us millions of manufacturing jobs over the last two...
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Friday, March 17, 2017
The Public is Clueless About the Federal Budget and It's the New York Times' Fault
Paul Krugman criticized the Trump administration for its budget, which would cut or eliminate many programs that benefit low and moderate income people. In his piece, Krugman points out that the public is incredibly ignorant on the budget, with most people having virtually no idea of where most...
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Tuesday, February 28, 2017
News for NYT: Donald Trump and Paul Ryan are Not Political Philosophers
Apparently the paper is confused on this issue since it headlined a front page piece on the budget, "Trump budget sets up clash over ideology within G.O.P." The article lays out this case in the fourth paragraph: "He [Trump] also set up a battle for control of Republican Party ideology with House...
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Friday, February 24, 2017
Paul Ryan's Next Attack on Workers' Retirement a Win for Wall Street
As everyone knows, the fundamental principle of the Republican party is to redistribute as much income as possible from the rest of us to the rich. In keeping with this principle, Paul Ryan and the Republicans in Congress are pushing through a proposal to make workers pay larger fees on their...
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Friday, February 17, 2017
Paul Ryan Has a Plan to Take Away Insurance from Tens of Millions of People
Hey, no one said Speaker Ryan wasn't a smart guy. (Actually, many people have, but whatever.) Anyhow the Republicans have published an outline of their proposal for an Obamacare replacement. It seems designed to ensure that tens of millions of people lose their health insurance coverage. The basic...
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Wednesday, January 25, 2017
It’s Austerity, Not Globalization, That Pulls European Workers to the Right
Both the Washington Post ( 1/22/17 ) and New York Times ( 1/22/17 ) had pieces about declining support for the left in France and the rise of a nationalist right in both Italy and France. Both pieces attributed the rise in support for the right to people losing from globalization, implying that...
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Sunday, January 15, 2017
Davos Man Is a Neanderthal Protectionist
The NYT had an article on the annual meeting of the world's super-rich at Davos, Switzerland. It refers to Davos Man as "an economic elite who built unheard-of fortunes on the seemingly high-minded notions of free trade, low taxes and low regulation that they championed." While "Davos Man" may like...
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Monday, January 09, 2017
Politico Is Mistaken, It Would Be Fun and Easy for Donald Trump to Divest
Politico badly misled readers this morning in an article that said Trump "can't simply divest from his businesses." The article cited a number of experts who explained how difficult and complicated it would be for Trump to sell off his various businesses, many of which have complex ownership...
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Wednesday, January 04, 2017
Can't We Kill the Deficit Hawk Industry?
Yes, I know Peter Peterson is a major source of employment in Washington and that the Washington Post editors and many pundits would have to look for substantive issues to talk about if they couldn't whine about the debt, but really it is time for these folks to grow up. The immediate provocation...
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