Dean Baker

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Tuesday, August 14, 2007
Welfare as We Know It Now
In the days before welfare reform, single mothers could collect five or six hundred dollars a month without working. That was what welfare looked like before 1996. In the Internet Age, welfare is about having the government do everything it can to make the rich absolutely as rich as possible. As F. Scott Fitzgerald said many years ago, the rich are not like you or me: They need the government's assistance to get by. There are all sorts of ways in which the government helps those who have the most.
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Tuesday, August 07, 2007
Economy Goes From Bad to Worse
For most of this decade, progressive economists have said the economy was growing fine, but typical workers were not benefiting because income was being redistributed upward. We can no longer say this.
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Tuesday, July 24, 2007
Big Government Grover and the Fund Manager Subsidy
Political activist Grover Norquist has been one of the right-wing's most forceful voices over the last two decades. Along with Newt Gingrich, he was one of the main architects of the Republican takeover of Congress in 1994. His track record makes him a powerful voice on the right. His name sparks fear in the hearts of many on the left.
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Tuesday, July 17, 2007
Subsidies for Fund Managers: Wall Street's Giant Trough
We all know about the proper role of government - giving as much money as possible to those who already have the most. That is the principle behind the special tax treatment of compensation for managers of private equity and hedge funds.
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Tuesday, May 15, 2007
Loser Liberalism Versus Power Populism
The Democrats like to portray themselves as the party of humble masses. This is in contrast to the Republicans, who President Bush once jokingly described as the party of the "haves and have mores."
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Tuesday, May 08, 2007
The Economic Costs of the Iraq War
There have been several occasions where President Bush rejected suggestions that the United States adhere to the Kyoto agreement's targets to prevent global warming because this would hurt economic growth. This argument was the end of the conversation. President Bush is right to be concerned about economic growth. It provides a basis for rising living standards. But his concern that reducing greenhouse gas emissions may slow growth is inconsistent with his apparent lack of concern about the economic damage done by the war in Iraq.
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