Dean Baker
Huffington Post (The Blog), March 9, 2014
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Does the Effort to Prevent Global Warming Distract Us From Helping the Poor?Dean Baker / March 09, 2014
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Capital in the 21 Century: Still Mired in the 19th (see correction)Dean Baker
Huffington Post (The Blog), March 9, 2014
Dean Baker / March 09, 2014
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In the Real World the Trade Deficit Is More Important Than the Budget DeficitDean Baker / March 08, 2014
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Latin America and the Caribbean
Does the OAS Support Democracy in Venezuela?Venezuelan president Nicolás Maduro made news this week by breaking off relations with Panama following Panama’s proposal for the Organization of American States (OAS) to take up the situation in Venezuela. Panama’s move followed weeks of calls from members of the U.S. Congress, pundits and others to use the OAS against the Maduro government for supposed government repression of “peaceful” protesters.
In remarks yesterday, OAS Secretary General José Miguel Insulza criticized what he described as hypocrisy from both those who support and oppose such a move. Insulza stated:
here we see a swapping of roles: Those who just a few years ago brandished the Inter-American Democratic Charter to demand severe sanctions against the de facto government in Honduras are now saying that even mentioning a crisis that has already led to the deaths of a large number of people constitutes interference; while those who denounced (and still denounce) the steps we took when faced with an obvious coup d’état as an attack on a nation's sovereignty –I’m referring again to Honduras-, now demand that we help them overthrow a government recently chosen in a democratic election.
It appears that Insulza is playing a role that he has played on numerous prior occasions – most recently in April when he refused to recognize the Venezuelan presidential elections, until South American pressure forced him (as well as the U.S. and the right-wing government of Spain) to accept democratic election results. This is unfortunate, but the manipulation of the OAS by Washington and a diminishing number of right-wing allies is the main reason that Latin American countries created the Community of Latin American and Caribbean States (CELAC) in 2011, to have a region-wide organization without the U.S. and Canada.
While it is important for officials such as Insulza to reaffirm the importance of Venezuela’s democratic processes and remind the OAS membership that Venezuela’s government was recently elected (and had its strong public support reaffirmed less than three months ago in local elections), other remarks equate extreme sectors of the Venezuelan opposition and the Venezuelan government, even though the government has won elections and the opposition has not:
Today, it is undeniable that there is a profound political crisis, characterized above all by a split and confrontation between most political and social actors into irreconcilable bands. When the opposition mobilizes, it does so on a massive scale, and poses strong demands; when the Government's supporters take to the streets, their numbers and the fervor of their demands are also huge.
But for the last few weeks, it isn’t “massive” opposition protests that are occurring, but rather small protests designed to wreak havoc in a few neighborhoods throughout the country. In essence, Insulza and the U.S. administration are suggesting that when extremist groups demand the immediate departure of an elected president, and try to achieve their aim by barricading streets and engaging in violent acts, the government has an obligation to dialogue with them.
CEPR / March 07, 2014
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Is It Really Time for the Fed to Worry About InflationDavid Rosnick / March 07, 2014
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Economy Adds 175,000 Jobs in February, Despite Bad WeatherMarch 7, 2014 (Jobs Byte)
Dean Baker / March 07, 2014
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Changes in Employment in Select Sectors, 2006-2014March 7, 2014
CEPR / March 07, 2014
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JOBS FLASH: Jobs Picture Mixed in FebruaryDean Baker / March 07, 2014
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Democrats Also Insist They Are on the Right Side of the Evidence on the Minimum WageDean Baker / March 07, 2014
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The Washington Post Wants the Fed to Start Throwing People Out of WorkDean Baker / March 07, 2014
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The Impact of the Affordable Care Act on Self-EmploymentMarch 6,2014, Dean Baker's testimony at the hearing on "Obamacare and the Self-Employed: What About Us?"
Dean Baker / March 06, 2014
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Latin America and the Caribbean
NYT Violates Standards of Basic Economics and Journalistic Procedures in Reporting on Venezuela InflationOn Saturday, March 1 the New York Times ran a graphic accompanying its article on Venezuela that showed an “implied inflation rate” of more than 300 percent.
This is a statistic that was manufactured by the Cato Institute. It is not a meaningful measure of inflation, and there are few economists who would accept it as such. I will explain below why the Times has violated both the standards of basic economics and also standard journalistic procedures with this decision, which as of today (March 6), the editors have refused to correct, despite being presented with explanations of why it is wrong. But first, a note on the significance of this kind of misreporting.
If this bogus statistic is picked up by Venezuela’s opposition media and becomes another “fact,” it could have a significant influence on the actual dynamic of inflation in Venezuela. To the extent that this statistic is believed, many Venezuelans would not want to hold domestic currency and would move their money into dollars or other assets, thus fueling both black market currency depreciation and inflation.
CEPR / March 06, 2014
report informe
Good for Business? Connecticut’s Paid Sick Leave LawEileen Appelbaum, , and / March 06, 2014
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Latin America and the Caribbean
El New York Times viola los estándares económicos básicos y los procedimientos periodísticos al reportar la inflación en VenezuelaMark Weisbrot / March 06, 2014
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How Finance Gutted ManufacturingDean Baker
Boston Review, March 6, 2014
Dean Baker / March 06, 2014
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Latin America and the Caribbean
What Do the Local Ecuadorian Elections Tell Us about Alianza PAIS?Ecuadorians went to the voting polls last Sunday to participate in municipal and provincial elections for the second time since Rafael Correa was elected president. Early results indicate that 11,682,314 Ecuadorians voted which is equal to a 16.9 percent voter abstention rate; this is nearly 8 percentage points lower than in the previous municipal and provincial elections. Following the elections, UNASUR (the Union of South American Nations) issued a statement congratulating the Ecuadorian people for what they called “transparent and normal” elections.
The preliminary election results reveal that governing AP (Alianza PAIS) party candidates won a larger share of mayoral (30 percent) and prefecture (43 percent) elections than any other party.[i] In addition, AP achieved a 4 percent gain in prefecture electoral victories compared to the previous election. Table 1a shows the prefectures where Alianza PAIS won the highest percentage of voter shares.
CEPR and / March 05, 2014
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Latin America and the Caribbean
UN Official Calls for Cholera Compensation; UN Cholera Coordinator is Interviewed; Insider Tells of UN Cholera Cover-upLast month, the U.N. Independent Expert of Human Rights in Haiti, Gustavo Gallon, released his first report since taking over his post. As the BBC reports, Gallon called for “full compensation” for those who have been victims of the cholera epidemic in Haiti. Gallon added that, “The diplomatic difficulties around this question have to be resolved to stop the epidemic as soon possible and pay full compensation for suffering experienced,” adding that “It is advisable to shed light on what really happened and to punish those responsible, whoever they may be.” Finally, Gallon stated that the U.N. “should be the first to honor” these principles. As the Institute for Justice and Democracy in Haiti (IJDH), points out, Gallón has become “first to make the demand [for compensation] in a publicly available official UN document.”
However, while the human rights expert Gallón encouraged compensation, the U.N. itself has continued to evade responsibility. After the U.N. dismissed claims against it brought on behalf of over 5,000 cholera victims, the Bureau des Avocats Internationaux (BAI), IJDH and civil rights law firm Kurzban, Kurzban, Weinger, Tetzelli & Pratt filed a lawsuit in October 2013 against the U.N., MINUSTAH and two officials on behalf of the victims. In a press release concerning Gallón’s report, IJDH notes that:
Gallón’s report comes as the deadline to answer the lawsuit has lapsed for MINUSTAH and the individual defendants. The UN itself has failed to respond to a motion that service of process is complete.
“The defendants’ failure to accept service or to respond to the lawsuit continues the UN’s pattern of avoiding justice despite its clear-cut responsibility for the epidemic,” said plaintiffs’ co-counsel and IJDH Staff Attorney Beatrice Lindstrom. Amidst reports that the UN has asked the U.S. government to defend its position, the United States is currently weighing whether to take a position in the lawsuit by their March 7 deadline.
When the U.N. was asked about Gallón’s report, the response from Martin Nesirky, Spokesperson for the Secretary-General was typical of the way the U.N. has handled media requests on the cholera epidemic:
The Human Rights Council-appointed special rapporteurs and other special advisers of various kinds are independent and they are not appointed by the Secretary-General and I don’t have anything further to say on that.
The U.N. has also sought to deflect criticism and separate the legal issues from the current response on the ground. In a long interview by former AP correspondent Jonathan Katz, the U.N. Senior Coordinator for the Cholera Response in Haiti, Pedro Medrano stated:
[W]e have two things here: I am not dealing with the legal issue; I am dealing with the response. We will have plenty of opportunities to continue to discuss the legal issue. But at this stage … when we have an epidemic like this, which is the largest in the whole hemisphere, we need to deal with the response.
Jake Johnston / March 05, 2014