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.

There is much that is good in the recent legislation that has been touted as industrial policy. However, these bills have not been well-structured from the standpoint of reducing income inequality.
There is much that is good in the recent legislation that has been touted as industrial policy. However, these bills have not been well-structured from the standpoint of reducing income inequality.
Moving away from … government-granted patent monopolies to a system of direct public funding will be a long process. But we have to get the debate started.
Moving away from … government-granted patent monopolies to a system of direct public funding will be a long process. But we have to get the debate started.
There are reasons for some hope that we are on a faster productivity path than we were before the pandemic. However, we will need to see more evidence to believe this is actually the case.
There are reasons for some hope that we are on a faster productivity path than we were before the pandemic. However, we will need to see more evidence to believe this is actually the case.

Inflation: Where are We Now?

The recent government data on inflation, along with a wide variety of private measures, give us good reason to believe that we are seeing at least a temporary pause where the monthly inflation data will be moderate.
The recent government data on inflation, along with a wide variety of private measures, give us good reason to believe that we are seeing at least a temporary pause where the monthly inflation data will be moderate.
The framing that we somehow need government intervention to give people a shot makes it hugely more difficult to address the problems of inequality.
The framing that we somehow need government intervention to give people a shot makes it hugely more difficult to address the problems of inequality.
Both the Washington Post and Marketplace radio have effectively turned reality on its head to tell their terrible economy story about a statistic that actually suggests a good economy.
Both the Washington Post and Marketplace radio have effectively turned reality on its head to tell their terrible economy story about a statistic that actually suggests a good economy.
The taxation of share buybacks in the Inflation Reduction Act shows that we do not have to make profit the basis for the corporate income tax.
The taxation of share buybacks in the Inflation Reduction Act shows that we do not have to make profit the basis for the corporate income tax.
With a bit of thought, the semiconductor bill could have been designed in ways that did not redistribute income upward.
With a bit of thought, the semiconductor bill could have been designed in ways that did not redistribute income upward.
Today’s inflation should show us very directly how attacking the policies that redistribute so much income upward would help the working class.
Today’s inflation should show us very directly how attacking the policies that redistribute so much income upward would help the working class.
From the data, it looks like people are more likely to work two full-time jobs when they can get two full-time jobs, when the economy is strong. In effect, the Washington Post highlighted a sign of economic strength as evidence of a bad economy.   
From the data, it looks like people are more likely to work two full-time jobs when they can get two full-time jobs, when the economy is strong. In effect, the Washington Post highlighted a sign of economic strength as evidence of a bad economy.   

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