Beat the Press

Beat the press por Dean Baker

Beat the Press is Dean Baker's commentary on economic reporting. He is a Senior Economist at the Center for Economic and Policy Research (CEPR). To never miss a post, subscribe to a weekly email roundup of Beat the Press. Please also consider supporting the blog on Patreon.

If people feel they are doing poorly in today’s economy, we can’t tell them they are wrong to feel the way they do. We can say that, based on the consumption data, it doesn’t look like they are doing poorly.
If people feel they are doing poorly in today’s economy, we can’t tell them they are wrong to feel the way they do. We can say that, based on the consumption data, it doesn’t look like they are doing poorly.
Wage growth has slowed to a pace that is roughly consistent with the Fed’s inflation target.
Wage growth has slowed to a pace that is roughly consistent with the Fed’s inflation target.

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While government tax and transfer policy to reduce inequality is desirable, it is best not to structure the market to create so much inequality in the first place.
While government tax and transfer policy to reduce inequality is desirable, it is best not to structure the market to create so much inequality in the first place.
With many homes still under construction, we will see many more homes being completed over the course of the year, which should mean downward pressure on prices and rents.
With many homes still under construction, we will see many more homes being completed over the course of the year, which should mean downward pressure on prices and rents.
Many of us have underestimated Biden before. He managed to get an amazing amount of important legislation through a 50-50 Senate and with only a narrow Democratic majority in the House. It doesn’t seem likely he would walk into negotiations with a Republican Speaker indebted to the party’s biggest loons without a backup plan.
Many of us have underestimated Biden before. He managed to get an amazing amount of important legislation through a 50-50 Senate and with only a narrow Democratic majority in the House. It doesn’t seem likely he would walk into negotiations with a Republican Speaker indebted to the party’s biggest loons without a backup plan.

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