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Real-World Economics Review

GRITtv: Dean Baker: The Deficit is the Wrong Problem

"It's the wrong answer to not a problem," says Dean Baker of the report out last week from the leaders of Obama's deficit commission, Erskine Bowles and Alan Simpson. The report, which recommends massive cuts across the budget, most significantly to Social Security and health care programs, has been roundly criticized by progressives for its targeting, but Dean notes that the biggest problem with it is that without the health care crisis we still have, we wouldn't have deficits in the first...

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Briefing: Dean Baker on Boosting the Economy by Saving Healthcare

Last week, a report by the leader's of Obama's deficit commission, Erskine Bowles and Alan Simpson, recommended massive cuts across the budget, most significantly to Social Security and health care programs. But according to Dean Baker, co-director of the Center for Economic and Policy Research, the report is "the wrong answer to not a problem." The report has now been roundly criticized by progressives for its seemingly-targeted cuts, but according to Dean, the real cause of the deficit...

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MSNBC w/ Cenk: Fixing Economy w/ Dean Baker

Cenk Uygur (host of The Young Turks) filling in for Dylan Ratigan on MSNBC speaks with economist Dean Baker on ways to jump-start the economy. Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks Like Us on Facebook: http://www.facebook.com/tytnation Follow Us on Twitter: http://www.twitter.com/theyoungturks Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!) http://www.amazon.com/?tag=theyoungturks-20 Support The Young Turks...

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GRITtv: Dean Baker: Political Impasse Prolongs Grim Forecast For Job Creation

What's the future for America's workers? If Republicans succeed in taking over the Congress, many suggest cutting or eliminating minimum wage, slashing employee benefits, staving off union organizing. A recent New York Times headline reports "Across the U.S., Long Recovery Looks Like Recession" and the job figures this month reported losses in public sector jobs and meager increase in private sector employment. So what's a nation to do in the current political climate? We check in with...

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Briefing: Dean Baker

"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...

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