by Dean Baker | Dec 22, 2014 | Economy
The Congressional Budget Office (CBO) recently updated its analysis of changes in before-tax and after-tax family income. In some ways the new analysis showed a brighter picture for middle-income families than other work highlighting stagnation. Focusing on the middle...
by Dean Baker | Dec 16, 2014 | Blog, Economy
With the holiday season upon us, the time for end of year lists is fast-approaching. To beat the rush, today I give my list of the top dead and enduring myths of 2014. The good news is that two myths that caused great confusion over the last several years are now...
by Dean Baker | Dec 8, 2014 | Blog, Economy, Financial Reform
Sen. Elizabeth Warren kicked off a firestorm last month when she said that she would not support Antonio Weiss, President Barack Obama’s nominee to be undersecretary of the treasury. Her reason was that Weiss had made his career at Lazard, an asset management company...
by Dean Baker | Nov 24, 2014 | Blog, Economy
December will mark the seventh anniversary of the beginning of the recession brought on by the collapse of the housing bubble. Usually an economy would be fully recovered from the impact of a recession seven years after its onset. Unfortunately, this is not close to...
by Dean Baker | Nov 3, 2014 | Blog, Economy, Jobs and Growth
By Dean Baker and Jared Bernstein Federal Reserve Chairman Janet Yellen gave a speech a few weeks ago that was doubly unusual. First, she provided a welcome and trenchant analysis of inequality, focusing on the stagnant income and wealth of middle- and low-income...