From CEPR Co-Director Dean Baker

GOP Still Basing Economic Policy Decisions on Spreadsheet Error

GOP Still Basing Economic Policy Decisions on Spreadsheet Error
At this point everyone who follows economic policy debates knows about the famous Reinhart-Rogoff spreadsheet error uncovered by a University of Massachusetts graduate student. When the error is corrected, there is nothing resembling the growth falloff cliff associated with a 90 percent debt-to-GDP ratio that had been the main takeaway from the initial paper.
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Profit Shares Hit New Highs, Washington Focuses on Disability

Profit Shares Hit New Highs, Washington Focuses on Disability
The Commerce Department released data on corporate profits last week that showed the before-tax profit share in 2012 reaching its highest level since 1951. The after-tax profit share edged down by one-tenth of a percentage point from its 2011 level, but was still higher than every other year since 1930.
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Has NPR Joined the Crusade Against Social Security and Medicare?

Has NPR Joined the Crusade Against Social Security and Medicare?
The most striking feature of the U.S. economy over the last three decades has been the upward redistribution of income. The top 1.0 percent of households has managed to pocket the vast majority of gains over this period. That is a sharp contrast with the three decad
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Politicians Keeping Their 3% Cut to Social Security Quiet

Politicians Keeping Their 3% Cut to Social Security Quiet
Congress and the president are going to do exactly what voters elected them to do; they are going to cut Social Security by 3 percent. You don’t remember anyone running on that platform? Yeah, well, they probably forgot to mention it.
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Elections Polling Analyst Nate Silver Needed for Budget Debate

By Dean Baker
Co-Director, Center for Economic and Policy Research, Author
At this point almost everyone has heard of Nate Silver, the New York Times polling analyst who had all the pundits looking stupid on election night. Silver managed to call every state exactly right. He ignored the gibberish about momentum or voters’ moods and simply focuse...
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