June 06, 2021

06 Junio 2021

Ignoring China's vaccines in the context of vaccinating the world is truly bizarre.

• Economic Crisis and RecoveryCrisis económica y recuperación

It’s Cheap Fun Saturday: Job Growth Under Biden and Trump

By Dean BakerDean Baker

June 05, 2021

05 Junio 2021

I know this sort of comparison is silly, but . . .

• BudgetGovernmentEl GobiernoUnited StatesEE. UU.

The CEPR “It’s the Budget, Stupid” Budget Calculator — Because Size Matters

By Dean BakerDean Baker

June 03, 2021

03 Junio 2021

Almost no one has any sense of what’s big and what’s small in the budget because the numbers are standardly reported as millions, billions, or trillions, with no context whatsoever.

• InequalityLa Desigualdad

Profit Share of Corporate Income Falls In Pandemic

By Dean BakerDean Baker

June 01, 2021

01 Junio 2021

In spite of the high unemployment in 2020, the wage share actually rose slightly.

China’s Demographic Crisis

By Dean BakerDean Baker

May 31, 2021

31 Mayo 2021

Even modest rates of productivity growth will easily offset the impact of a declining ratio of workers to retirees that China is expecting over the next quarter century.

• Economic Crisis and RecoveryCrisis económica y recuperación

The Booming Economy and Debt and Deficit Fears

By Dean BakerDean Baker

May 30, 2021

30 Mayo 2021

It turns out that we didn’t have as much to fear from higher interest rates as advertised.

• Economic Crisis and RecoveryCrisis económica y recuperación

Unemployment Benefits and Summer Workers: Contrary to What the WaPo Tells You, They Aren’t Getting $1,000 a Week

By Dean BakerDean Baker

May 30, 2021

30 Mayo 2021

If we use the $404 as a rough average, a worker could be getting $242 from their regular benefit, which would translate into $542 with the federal supplement.

• InequalityLa Desigualdad

Uber Drivers in New York City Do Not Net $37 an Hour

By Dean BakerDean Baker

May 29, 2021

29 Mayo 2021

It is important to note that this is a gross figure. It does not subtract expenses like gas, insurance, and depreciation on the driver's car.

• Economic Crisis and RecoveryCrisis económica y recuperación

Beefing Up Inflation Fears at the Washington Post

By Dean BakerDean Baker

May 29, 2021

29 Mayo 2021

The long and short of it is that there is zero real story here of soaring food prices.

• Economic Crisis and RecoveryCrisis económica y recuperación

Hey Kids, Tax Increases are Supposed to Slow Growth

By Dean BakerDean Baker

May 28, 2021

28 Mayo 2021

The tax increases pull money out of the economy . . . so as to relieve inflationary pressures. Slower growth is not an unfortunate side effect of the tax increases, it is the point.