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Baker: Housing Market Meltdown Causes Massive Losses
Znet Article, July, 13 2008
Dean Baker
Baker's ZSpace page
Plummeting house prices will leave millions of homeowners dependent almost exclusively on Social Security in their retirement.
Baker: Free Trade, Why "Free" Matters
Znet Article, July, 08 2008
Dean Baker
Baker's ZSpace page
Senator McCain was in Colombia last week touting his support for the trade agreement that the Bush administration had negotiated with the country. He also touted his support for NAFTA, contrasting both positions with Senator Obama's opposition to ...
Baker: Barack Care Versus John Care: Health Care Under the Next President
Znet Article, June, 30 2008
Dean Baker
Baker's ZSpace page
By far the most important domestic policy issue facing the next president will be fixing the health care system. The United States stands out among wealthy countries in not guaranteeing health insurance to its citizens.
Baker: John McCain Wants to Drill in Your Toilet
Znet Article, June, 24 2008
Dean Baker
Baker's ZSpace page
That is not true, as far I know, but it makes about as much sense as McCain's plans to drill off the coast of Florida and in other environmentally sensitive areas. This is McCain's response to the pain of millions of families hit by $4 a gallon of...
Baker: Insurance Fraud: One for the Redundancy Department?
Znet Article, June, 16 2008
Dean Baker
Baker's ZSpace page
The health insurance system in the United States works great, as long as you stay healthy. It's only people who need medical care who have problems.
Baker: Firefighters and Prescription Drugs
Znet Article, June, 04 2008
Dean Baker
Baker's ZSpace page
Suppose your house is burning down with your family trapped inside. When the fire department arrives at the scene, they tell you the rescue will cost $1 million. After all, aren't your family and your house worth the money?
Baker: Green Stimulus: Let's Try Again
Znet Article, May, 28 2008
Dean Baker
Baker's ZSpace page
We should find forms of stimuli that can get the economy on a more energy-efficient path…
Baker: Low-Income Renters to Pay for Housing Bailout
Znet Article, May, 19 2008
Dean Baker
Baker's ZSpace page
Just to remind everyone of where things stand, Congress was wrestling with the situation of several million low- and moderate-income families, who are facing foreclosures on their homes. The main problem here is that they were pushed to buy over-p...
Baker: Universal Health Care or John Care
Znet Article, May, 12 2008
Dean Baker
Baker's ZSpace page
With the Democratic presidential race winding down, the presidential campaign can again focus on the real issues facing the country. At the top of the list, alongside ending the Iraq War, is providing universal health care.
Baker: Developing the New "Capitalists' Man"
Znet Article, April, 28 2008
Dean Baker
Baker's ZSpace page
In the wake of revolutions in Russia, China, Cuba, and elsewhere, there was talk of creating a new type of person with a socialist mindset. The idea was that people in the prerevolutionary capitalist societies had been educated to be individualist...
Baker: Homeownership: The Fast Path to Poverty
Znet Article, April, 27 2008
Dean Baker
Baker's ZSpace page
The Commerce Department reported last month that homeownership among African Americans had dropped to 46.7 percent in the third quarter, three full percentage points below its peak level in 2004. This is a remarkably fast decline. In the last thre...
Baker: Can't Afford That Operation? Fly to Another Country
Znet Article, April, 27 2008
Dean Baker
Baker's ZSpace page
The congressional budget office (CBO) releases its updated long-term projections for Medicare and Medicaid this week. They will almost certainly show a frightening story.
Baker: Social Security Scare Squad: Reason to Hate the Media #567,945
Znet Article, April, 25 2008
Dean Baker
Baker's ZSpace page
Halloween has come and gone, but the Social Security Scare Squad (SSSS) refuses to take off their masks. This group of ghouls will not stop until they have substantially dismantled and/or privatized the nation's most important social program
Baker: The Homeownership Ideologues
Znet Article, April, 22 2008
Dean Baker
Baker's ZSpace page
The economy is sinking into a recession and faces the worst financial crisis since the depression. The unemployment rate is rising, the foreclosure rate is soaring and home prices are plummeting. It's time to settle some scores with the people who...
Baker: Testimony of Dean Baker, Co-Director, Center for Economic and Policy Research Before the Senate Committee on Banking, Housing and Urban Affairs
Znet Article, April, 11 2008
Dean Baker
Baker's ZSpace page
Thank you, Chairman Dodd and Ranking Member Shelby, for inviting me to share my views on the mortgage crisis with the committee.
Baker: Economy Loses 83,000 Jobs, Unemployment Jumps to 5.1 Percent
Znet Article, April, 10 2008
Dean Baker
Baker's ZSpace page
The private sector is shedding jobs at the rate of almost 100,000 per month...
Baker: The Collapsing Housing Bubble and Resulting Financial Fallout
Znet Article, April, 02 2008
Dean Baker
Baker's ZSpace page
In the decade from 1996 to 2006, the United States developed an enormous housing bubble that had no precedent in the country's history. During this decade, house prices rose in excess of 70 percent of their historic trend rate of growth, creating ...
Baker: Bear Stearns in Bankruptcy: Can You Feel Their Pain?
Znet Article, March, 17 2008
Dean Baker
Baker's ZSpace page
According to the current plans being crafted in Washington, you will...
Baker: The War and the Recession
Znet Article, March, 12 2008
Dean Baker
Baker's ZSpace page
With the release of the February jobs numbers, everyone except for the economists now acknowledges we are in a recession. The economy is shedding jobs at a rapid pace and it is only a matter of time until we see the unemployment rate rising. In ad...
Baker: Does Ben Bernanke Have to Go?
Znet Article, February, 19 2008
Dean Baker
Baker's ZSpace page
This is a question that members of Congress should be asking right now. It is becoming increasing clear that we are facing the worst financial meltdown since the Depression, and Mr. Bernanke was caught asleep at the wheel.


