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Dean Baker

@deanbaker13.bsky.social
31K followers 700 following 9.1K posts

Economist at the Center for Economic Research. Father to two dogs.

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Dean Baker @deanbaker13.bsky.social · 3h
How about Attica and San Quentin?
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Dean Baker @deanbaker13.bsky.social · 3h
very true
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Dean Baker @deanbaker13.bsky.social · 3h
sounds pretty MAGA!
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Bill Grueskin @bgrueskin.bsky.social · 7h
Brown University’s widget shows that the energy costs of the Iran war have just passed $1,000 per household iranwarcost.watson.brown.edu
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Abdul El-Sayed @abdulelsayed.bsky.social · 7h
PETOSKEY. SATURDAY. OCTOBER 17.
a4-m.org
Shouldn't Be This Hard Town Hall - BUS TOUR | Petoskey · Abdul for U.S. Senate
Please join Abdul our Petoskey stop for the Shouldn't Be This Hard TOWN HALL BUS TOUR. RSVP IS REQUIRED FOR ENTRY AND THE EVENT WILL BE FIRST COME FIRST. MUST PRESENT GOVERNMENT ID AND FOLLOW NO BAGS...
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bjkeefe @bjkeefe.bsky.social · 5h
Cold hard numbers, well-presented in a short essay. Here's a piece:
As we approach the two-year mark since Donald Trump’s second election victory, it’s a good time to do a little economic scorekeeping. Before getting into where the economy is and where it’s going, it’s worth a little reminder of where it was before the election. 

This is important because Trump and the Republicans continuously  spew utter nonsense about an economic disaster that only exists in their imagination. By literally every standard measure, the economy was doing extremely well just before the election. The unemployment rate was hovering near 4.0%, and nominal wages were growing at roughly a 4.0% annual rate. 

Inflation had slowed sharply, with the year-over-year rate at 2.6% in October of 2024. This translated into real wage growth of close to 1.5%. Inflation was expected to continue to slow, with most projections having inflation coming in very close to the Fed’s 2.0% target by the end of 2025. 

There had been a massive surge in the number of people able to work from home as a result of the pandemic, with that figure still being close to 20% by the end of 2024. These people were saving hundreds of hours a year in commuting time and thousands of dollars annually in commuting-related costs. There also had been an unprecedented explosion in factory construction, with real spending in 2024 more than double the pre-pandemic level in 2019. 

Growth for the year was 2.5%, and it was expected to be above 2.0% for the near future. This story was the basis for The Economist’s famous cover story about the U.S. economy: The Envy of the World.
Trump Takes Over: The Story Darkens

Virtually without exception, the data have gotten worse under Trump. Inflation has risen; nominal wage growth has slowed. Factory construction has plummeted. The
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Taniel @taniel.bsky.social · 7h
El-Sayed’s response to Kennedy:
El-Sayed: “That’s rich coming from someone who wears his bed sheets out at night.”
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Jennifer Shin - WTAF @jennifershin.bsky.social · 15h
On that list, there had better be a plan to impeach and remove every sycophant and enabler, along with everyone who violated their oath—including those in the White House.
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Sergius Q. Paulus (Esq) @blaqueicedcoffee.bsky.social · 6h
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Dean Baker @deanbaker13.bsky.social · 6h
My two cents on Trump's economy cepr.net/publications...
cepr.net
The Trump Economy: AI Bubble and Beyond
The Trump economy faces slowing job growth, falling real wages, rising deficits, and growing dependence on the AI boom.
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The Tennessee Holler @thetnholler.bsky.social · 6h
🤷🏼
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Dean Baker @deanbaker13.bsky.social · 9h
I believe they can, if they can show its relevance
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Dean Baker @deanbaker13.bsky.social · 17h
BBC had to ask the magistrate to allow for alternative service mechanisms, which they granted. But Trump was trying to use his presidential power to win an absurd suit against a news outlet. This should be an impeachable and jailable offense.
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Dean Baker @deanbaker13.bsky.social · 17h
To do that, it needs depositions from Ivanka Trump and various other people close to the president. Trump was using the Secret Service to keep these people from being personally served with subpoenas for depositions.
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Dean Baker @deanbaker13.bsky.social · 17h
It's worth saying a bit about how pathetic this story is. Trump sues BBC for an absurd sum because he said they misrepresented what happened on January 6th. To defend itself BBC wants to show it accurately represented what happened on January 6th.
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Dean Baker @deanbaker13.bsky.social · 16h
On the plus side maybe Europe's leaders will now understand that NATO with the U.S. is dead. They should send Rutte to live in Washington permanently (better to kiss Trump's rear) and make plans for their own defense.
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Dean Baker @deanbaker13.bsky.social · 16h
This piece needs a correction. The agents didn't "act on their own," they were misprogramed. Some people at Anthropic may need to go to jail. Don't blame the AI, blame the people who program it.
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The Tennessee Holler @thetnholler.bsky.social · 11h
Signs you’re a war criminal: You attack the court that goes after war criminals
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Eric Bottorff @torff.bsky.social · 10h
At the very least, I would hoping this creep would help make our food safer. But he can't even do that.
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Eric Bottorff @torff.bsky.social · 10h
"Regardless, the proposal represents a major win for big food, advocates say, and is based on flawed science." www.theguardian.com/us-news/2026...
theguardian.com
FDA may allow some toxic chemicals to be added to food without safety review. Experts are alarmed
Regulator looks to expand loophole to allow dangerous compounds in food as long as they’re not carcinogenic
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Blue Dot in Red State @bluedotin.bsky.social · 12h
Perfect!!
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Blue Dot in Red State @bluedotin.bsky.social · 12h
This is what happens when you go through school always on probation, and are passed from grade to grade because teachers don't want to see your face again.
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Dean Baker @deanbaker13.bsky.social · 16h
Because of Trump's endless whining, I heard the Nobel committee is planning to give him a participation trophy.
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experimental22.bsky.social @experimental22.bsky.social · 14h
The Trump regime has put armed, masked thugs on our streets to assault & shoot us. And we are paying for them. Please understand, they may kill you, they may kill your children.
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Jennifer Shin - WTAF @jennifershin.bsky.social · 15h
They should all be doing this because they know that he's a prolific liar and a con man with absolute bad intentions toward this country. If they don't, then they're complicit.
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🇨🇦DUNK🇨🇦 (Proud Part owner of Canada) @noofieninja.bsky.social · 14h
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Dean Baker @deanbaker13.bsky.social · 17h
Seems like the AI boys are planning for the day after a major AI catastrophe www.axios.com/2026/10/09/a... Guess the rest of us should too. How about all the AI boys go to jail?
axios.com
Scoop: AI companies plot "day after" scenarios for public revolt
Inside the AI industry's worst-case-scenario prep.
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Raider @iwillnotbesilenced.bsky.social · 10/10/2026
Thousands have taken the streets of Syracuse, NY, to make clear: Donald Trump is not welcome here!
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Dean Baker @deanbaker13.bsky.social · 16h
absolutely, and that first sentence is a crime against journalism. It assigns agency to the AI. The agency belongs with the people who programmed it, they are responsible. It is simple. The NYT should not cover for them.
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Seth Masket @smotus.bsky.social · 21h
If people did this they'd be prosecuted, right? And if people built a thing that did this... they're liable, right?
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Dean Baker @deanbaker13.bsky.social · 16h
On the plus side maybe Europe's leaders will now understand that NATO with the U.S. is dead. They should send Rutte to live in Washington permanently (better to kiss Trump's rear) and make plans for their own defense.
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Abdul El-Sayed @abdulelsayed.bsky.social · 09/10/2026
Blue Cross Blue Shield is being sued as a monopoly after the state found it's been in a conspiracy to restrict access to healthcare. Corporations should not have this much power. We need money out of politics, money in our pockets, and Medicare for All.
freep.com
Michigan attorney general sues Blue Cross, alleging illegal monopoly
Michigan Attorney General Dana Nessel sued Blue Cross Blue Shield of Michigan in "arguably the most consequential antitrust case" of its kind.
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Alt National Park Service @altnps.bsky.social · 23h
Troops should not be standing guard near ballot drop boxes in D.C.
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Jake Broe @realjakebroe.bsky.social · 21h
Cartoon by Michael de Adder
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Hoodlum 🇺🇸 @nothoodlum.bsky.social · 09/10/2026
They couldn’t paint the bottom of a pool, but we’re building on the moon. 🙄
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Abdul El-Sayed @abdulelsayed.bsky.social · 09/10/2026
St. Clair County, you blew me away. Change is coming. It's already here.
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Timothy McBride @mcbridetd.bsky.social · 16h
Political cartoons
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Dean Baker @deanbaker13.bsky.social · 16h
This piece needs a correction. The agents didn't "act on their own," they were misprogramed. Some people at Anthropic may need to go to jail. Don't blame the AI, blame the people who program it.
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Dean Baker @deanbaker13.bsky.social · 16h
Don't forget ending the Ukraine war on day one
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fsf2.bsky.social @fsf2.bsky.social · 22h
Infrastructure week to follow.
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Dan Davies @dsquareddigest.bsky.social · 16h
Hang on what is going on here? I can't believe that there is no accounting standard for a basic question like including third party resellers, so which of the two of them is following it?
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Abdul El-Sayed @abdulelsayed.bsky.social · 23h
Mt. Pleasant! YOU did that. WE are going to win.
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Khashoggi's Ghost @urocklive1.bsky.social · 23h
Basically he's advocating for Medicare4All, but he's too stupid to realize that because he doesn't understand how anything works.
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Dean Baker @deanbaker13.bsky.social · 16h
Because of Trump's endless whining, I heard the Nobel committee is planning to give him a participation trophy.
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Dean Baker @deanbaker13.bsky.social · 16h
Trump is drowning the strong economy he inherited in the toilet deanbaker22.substack.com/p/the-trump-...
deanbaker22.substack.com
The Trump Economy: AI Bubble and Beyond
Trump is drowning the strong economy he inherited in the toilet
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Dean Baker @deanbaker13.bsky.social · 17h
This is great, we need this turnout everywhere. The future of democracy is at stake.
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Dean Baker @deanbaker13.bsky.social · 17h
BBC had to ask the magistrate to allow for alternative service mechanisms, which they granted. But Trump was trying to use his presidential power to win an absurd suit against a news outlet. This should be an impeachable and jailable offense.
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Dean Baker @deanbaker13.bsky.social · 17h
To do that, it needs depositions from Ivanka Trump and various other people close to the president. Trump was using the Secret Service to keep these people from being personally served with subpoenas for depositions.
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Dean Baker @deanbaker13.bsky.social · 17h
It's worth saying a bit about how pathetic this story is. Trump sues BBC for an absurd sum because he said they misrepresented what happened on January 6th. To defend itself BBC wants to show it accurately represented what happened on January 6th.
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Dean Baker @deanbaker13.bsky.social · 09/10/2026
France's debt problem is an AI bubble story deanbaker22.substack.com/p/frances-de...
deanbaker22.substack.com
France’s Debt Problem is an AI Problem
Yes, we can and should blame AI for everything, everywhere
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