Dean Baker

Trump’s Trade War with China: A Great Miscalculation

June 20, 2018

Trump and his advisors seem to be extremely ill-informed about the ways in which China can retaliate, even though the US can impose tariffs on more Chinese goods, than China can impose on the US, says CEPR’s Dean Baker

Trump’s Trade Wars: An Opportunity to Refashion the Intellectual Property Regime?

June 15, 2018

One of the main arguments for imposing tariffs on China is that China is undermining the intellectual property of US companies. China can now either retaliate against US tariffs or take this opportunity to help redesign the international intellectual property system, says CEPR’s Dean Baker

Medicare’s Demise is Not Imminent, But Health Care Costs are Rising Unsustainably

June 6, 2018

The trustees of the Medicare and Social Security trust funds released their annual report and the news was not good because shortfalls will come in eight years. However, it can be fixed because the main problem is uncontrolled healthcare cost increases, says CEPR’s Dean Baker

Congress Passes 'Bank Lobbyists Bill' - An Unnecessary Giveaway to Banks

Congress Passes ‘Bank Lobbyists Bill’ – An Unnecessary Giveaway to Banks

May 23, 2018

The bill, which now heads to Trump for his signature, rolls back major provisions of the Dodd-Frank financial regulations of 2010, allowing banks to engage in riskier investment strategies and to hide discriminatory practices, says CEPR’s Dean Baker

Economic Bubbles and the Myth of High Returns

April 4, 2018

Stock prices are soaring now, but a price drop of 10-20% is a real possibility, says economist Dean Baker

Economic Benefits of Tax Cuts Should Have Arrived – Where Are They?

March 15, 2018

Businesses have had plenty of time to take Trump’s corporate tax cuts into account for their investment plans. However, as CEPR’s Dean Baker reports, this has not happened. Instead, they spent their tax windfall on stock buybacks

Will Trump’s Latest Attack on Obamacare Strike a Death Blow?

February 22, 2018

The new rule would extend short-term insurance plans, circumventing key Obamacare requirements such as covering pre-existing conditions. “The key part of Obamacare was creating a unified insurance market where anyone can get insurance regardless of their heath, and this is destroying that,” says economist Dean Baker

Finding a SALT Tax Deduction Workaround

February 16, 2018

Trump’s tax reform limits the State and Local Tax (SALT) deduction to $10,000, disproportionately affecting high-tax states with progressive policies. These states can avoid the problem, though, by shifting to payroll taxes instead of income taxes. CEPR’s Dean Baker explains

The Rise and Fall of the Stock Market: What to Expect

February 8, 2018

Economist Dean Baker says that after such a sharp run-up in stock prices, “it really shouldn’t be a surprise to anyone that you’re going to see some downturn in the market”

Trump Dumps First Woman Fed Chair For Investment Banker

January 1, 2018

It’s a shame to see Janet Yellen, who did an “outstanding job” as chair of the Federal Reserve, get fired in favor of an investment banker who doesn’t have a background in economics, says Dean Baker, co-director at CEPR