Dean Baker's Blog, page 570

June 20, 2011

President Clinton, The Economy Started Losing Manufacturing Jobs While You Were in Office

If you ever wondered why manufacturing employment has not done well over the last 15 years, President Clinton gave us part of the answer in a column giving advice on job creation [thanks hapa]. His 13th item on job creation is "Enforce Trade Laws," where he tells readers:


"We lost manufacturing jobs in every one of the eight years after I left office. One of the reasons is that enforcement of our trade laws dropped sharply. Contrary to popular belief, the World Trade Organization and our t...

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Published on June 20, 2011 07:52

Robert Samuelson Calls Attention to the Incompetent Management Problem

Robert Samuelson devoted his column today to the problem of structural unemployment. He tells us that many positions are going unfilled, in spite of the high rate of unemployment. In fact, according to the Bureau of Labor Statistics, the job opening rate is just 2.2 percent.


samuelson-btp-6-2011


Source: Bureau of Labor Statistics.


Since there will always be some time involved in replacing new workers, this rate can never fall to zero. If the rate were to fall to 1.7 percent, its low for this downturn, this...

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Published on June 20, 2011 02:59

June 10, 2011

Creationists, Flat-Earthers, and Deficit Hawks

Creationists, Flat-Earthers, and Deficit Hawks
Dean BakerThe Guardian Unlimited, June 10, 2011




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Published on June 10, 2011 08:06

June 8, 2011



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Published on June 08, 2011 16:11

June 6, 2011

Political Advice to Republicans on Medicare

Political Advice to Republicans on Medicare
Dean BakerTruthout, June 6, 2011




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Published on June 06, 2011 18:30

Are We Entering the Second Great Depression?

Are We Entering the Second Great Depression?
Dean BakerThe New Republic, June 6, 2011




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Published on June 06, 2011 12:22

May 31, 2011

Bernie Sanders Tries Some Clear Thinking on Prescription Drugs

Bernie Sanders Tries Some Clear Thinking on Prescription Drugs
Dean BakerThe Guardian Unlimited, May 31, 2011


The Beatification of Senator Simpson

Dean Baker
Truthout, May 31, 2011


Eileen Appelbaum





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Published on May 31, 2011 12:14

May 24, 2011

Union Maid Does in Dominique Strauss-Kahn, the Next President of

Union Maid Does in Dominique Strauss-Kahn, the Next President of France
Dean BakerThe Guardian Unlimited, May 24, 2011




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Published on May 24, 2011 13:09

May 23, 2011

Peter Peterson and the Deficit Ostriches

Peter Peterson and the Deficit Ostriches
Dean BakerTruthout, May 23, 2011




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Published on May 23, 2011 11:15

May 19, 2011

Can the Greek People Teach the ECB Economics?

Can the Greek People Teach the ECB Economics?
Dean BakerMay 19, 2011, International Relations and Security Network




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Published on May 19, 2011 16:08

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