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Mark Weisbrot,
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Dean Baker,
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Deficits & Spending

The organization AmericaSpeaks in June hosted 19 simultaneous meetings in cities across the country asking people to come up with proposals for dealing with the country's projected long-term budget deficits.

CEPR's analyses of the discussion materials for the meetings show that they were aimed at persuading participants to opt for big cuts to Social Security and Medicare:

* AmericaSpeaks' Misguided Federal Budget 101
* AmericaSpeaks: What Is Not on the Program

America Speaks Back: The Effort to Gut Social Security and Medicare Takes a Hit
But it seems that events didn't quite go as planned. The participants rose up in revolt. They demanded the option to vote on a single-payer type health care system and also voted overwhelmingly for defense cuts and progressive tax options.

The CEPR Deficit Calculator
This interactive calculator allows users to pick various items, including many of the progressive options not offered at the AmericaSpeaks meetings, and see how they'll shrink (or grow) the national debt in 2020.

America Speaks Without Knowing
A CEPR poll conducted after the 6.5-hour discussion found that while participants were well-informed on the problem of health care, they didn't fare so well on topics such as Social Security or the budget deficit.

AmericaSpeaks' town meetings' were largely funded by the billionaire Pete Peterson, who also supported the film IOUSA:

* IOUSA Not OK: An Analysis of the Deficit Disaster Story in the Film IOUSA The movie IOUSA portrays a picture of the United States as a country hopelessly addicted to debt, which is one-sided and misleading. This analysis features a minute-by-minute viewer's guide of inaccurate or misleading statements in the film.

* IOUSA Budget Deficit Calculator The film IOUSA fails to explain that deficits are driven almost entirely by projections of exploding private sector health care costs. This interactive calculator allows users to see what the U.S. budget deficit would be if the U.S. had the same per person health care costs as various other countries.

* Discussion of the Film: A video of Dean Baker's discussion with Diane Rogers, Chief Economist of the Concord Coalition, after a screening at Bus Boys & Poets in D.C. on November 23, 2008.




Reports

Plan for a New Future: The Impact of Social Security Reform on People of Color
October 2011, Commission to Modernize Social Security (Maya M. Rockeymoore, Meizhu Lui, Nicole Woo, et. al.)

Who's Above the Social Security Payroll Tax Cap?
September 2011, Nicole Woo, Janelle Jones and John Schmitt

Do Tax Cuts Boost the Economy?
September 2011, David Rosnick and Dean Baker

7 Things You Need to Know About the National Debt, Deficits, and the Dollar
June 2011, Dean Baker and David Rosnick

The Ryan Medicare Plan: Winners and Losers
April 2011, Dean Baker and David Rosnick

More >

Blogs

CBO Letter on FTT: When There's No Smoke, There's No Fire

Why GDP Per Capita Can Start A Bar Fight

A Tale of Two Deficit Charts

What Political Compromises Could Create Jobs?

Ending Loser Liberalism and Restructuring the Market Economy

More >

Op-Eds & Columns

United Kingdom Shows That Austerity Does Not Grow the Economy
Dean Baker
Economic Intelligence (U.S. News & World Report), January 30, 2012

A Competitive Dollar: The Missing Link in President Obama’s Manufacturing Agenda
Dean Baker
Truthout, January 30, 2012

Invisible Bond Vigilantes Attack the White House
Dean Baker
The Guardian Unlimited, January 24, 2012

U.S. Recovery Hasn’t Done Much for Employment
Mark Weisbrot
The Sacramento Bee (CA), January 19, 2012

Time Is On Our Side: The Survival of Social Security
Dean Baker
Truthout, January 16, 2012

More >

Events

Rebuilding the Middle Class

Looking Ahead: State Leaders, National Experts Separate Fact From Fiction on Public Pensions

The Occupied Super Committee Hearing of the 99%

The Financial Crisis: Why We Occupy

In Defense of the Social Safety Net

Briefing On Financial Transaction Taxes

Money Makes The World Go Around

Money Makes The World Go Around

Money Makes The World Go Around

New Priorities for Public Finance – Achieving Policy Coherence to Strengthen the State, Reduce Inequality and Promote Sustainable Growth

More >

Testimony

No Need to Talk About Taking an Ax to Safety Net for the Poor
December 16, 2010, Dean Baker's Comments at Brookings Institution Forum

Other Resources

Recession 2.0?
CNN, June 12, 2010


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