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Briefing: Dean Baker

Summary:
“Poverty is a one-day event, we get a report released and we’re going to talk about poverty, but every day we hear what the stock market does,” says Dean Baker, GRITtv economics correspondent. The problem with that kind of coverage, Baker notes, is that “many more people will experience poverty than will strike it rich ...

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“Poverty is a one-day event, we get a report released and we’re going to talk about poverty, but every day we hear what the stock market does,” says Dean Baker, GRITtv economics correspondent. The problem with that kind of coverage, Baker notes, is that “many more people will experience poverty than will strike it rich in the stock market.” Millions of Americans experience poverty not as a one-day affair, but as a constant, grinding force in their lives.



Baker joins us via Skype to talk about Elizabeth Warren’s sort-of-appointment, the whinging of the rich over tax increases, and Bill Clinton’s comments about the recession’s end, among other things.



Dean Baker
Dean Baker is a macroeconomist and codirector of the Center for Economic and Policy Research in Washington, DC. He previously worked as a senior economist at the Economic Policy Institute and an assistant professor at Bucknell University. He is a regular Truthout columnist and a member of Truthout's Board of Advisers.

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