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Baker: Paulson and Bernanke Spread the Wealth Around
Znet Article, December, 03 2008
Dean Baker
Baker's ZSpace page
During the campaign, then-Senator Obama provoked a media flurry and right-wing outrage over his comment to Joe the Plumber about "spreading the wealth around." They told us that this view was contrary to the American Way, that this was socialism.
Baker: The Bear is Cool: Overcoming Fears of Falling Stock Prices
Znet Article, November, 27 2008
Dean Baker
Baker's ZSpace page
The stock market's historic plunge over the last year has pushed the news media into a state of near hysteria. News shows and headlines routinely roll out the scorecard on the market's new lows in the same way they might list the victims of a terr...
Baker: Peter Peterson's Bad Economics
Znet Article, October, 22 2008
Dean Baker
Baker's ZSpace page
Advocates of cutting social security and Medicare in the US are using the financial crisis as a pretext to further their agenda.
Baker: The Return of Great Depression Economics
Znet Article, October, 14 2008
Dean Baker
Baker's ZSpace page
To help sell his bailout package last month, President Bush raised the specter of the Great Depression. This was sleazy politics...
Baker: Statement on the Need for Coordinated Stimulus
Znet Article, October, 10 2008
Dean Baker
Baker's ZSpace page
The current economic crisis is the result of an extraordinary period of extreme economic mismanagement. The world's central banks, most importantly the Federal Reserve Board in the United States, made the decision to ignore, if not actively cultiv...
Baker: No Blank Cheque for Wall Street
Znet Article, September, 23 2008
Dean Baker
Baker's ZSpace page
Congress should not approve the Bush administration's $700bn Wall Street bailout without attaching some strings...
Baker: Progressive Conditions for a Bailout
Znet Article, September, 22 2008
Dean Baker
Baker's ZSpace page
The events of the last week showed the urgency of dealing with the financial crisis. There is a real risk that the banking system will freeze up, preventing ordinary business transactions, like meeting payrolls. This would quickly lead to an econo...
Baker: The Financial Meltdown Continues
Znet Article, September, 19 2008
Dean Baker
Baker's ZSpace page
Virtually the only certainty in the current financial situation is that there will be more problems ahead. Those who controlled the levers of economic and financial policy neglected their greatest responsibility, which was to ensure an orderly fin...
Baker: Slinging Mud to Hide the Real Dirt
Znet Article, September, 18 2008
Dean Baker
Baker's ZSpace page
The McCain-Palin ticket has developed an interesting campaign strategy. They don't want the public to see their plans to dismantle Social Security, Medicare, and the system of employer-provided health care. To distract people from these policies t...
Baker: Let's Get Down To Gas Tax Cracking Down On Oil Speculation Could Prove Tricky
Znet Article, August, 18 2008
Dean Baker
Baker's ZSpace page
Many members of Congress and other political leaders have been bellowing against speculators who they blame for the high price of oil and petrol. According to their story, speculation is the main factor behind the run-up that pushed the price of o...
Baker: After the Housing Bill: Time to Address Foreclosures
Znet Article, July, 28 2008
Dean Baker
Baker's ZSpace page
Last week Congress finally passed its long-debated housing bill. In addition to securing the multimillion-dollar salaries of the top executives of Fannie Mae and Freddie Mac, and protecting their shareholders from facing the full consequences of t...
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: 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: 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: 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: Wall Street Rules
Znet Article, June, 23 2006
Dean Baker
Baker's ZSpace page
The idea that the government, or some arm of government, is controlled by a special interest group naturally prompts outrage. The government should be answerable to the public as a whole, not special interests that have extraordinary political pow...
