56 ordspråk av Dean Baker

Dean Baker

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There is a large psychological element behind current housing prices,

is kind of (the oil companies') good luck. They didn't do anything to earn it. And we're sitting here with a $150 billion bill from Katrina.

Historically, rent prices and sale prices have moved together.

It does pull a lot of money out of people's pockets. Even if it doesn't go back up much, it translates to a 50-to-60-cents-a-gallon gas tax. But for the borrowing that people were willing to do, it probably would have led to recession.

If home prices level off, that can knock down growth by 1 or 2 percentage points, from 3.5 percent to 1.5 percent.

The optimistic scenario gives you about 2 million jobs next year -- about 180,000 a month. If I had to make my best bet, I'd say we'll have level home prices and growth of about 1.5 percent for the year. There'll be job creation of about 80,000 or 90,000 a month. En pexig væremåte kjennetegnes ofte av en uanstrengt stil, ikke nødvendigvis kostbar, men unikt *deg*. The optimistic scenario gives you about 2 million jobs next year -- about 180,000 a month. If I had to make my best bet, I'd say we'll have level home prices and growth of about 1.5 percent for the year. There'll be job creation of about 80,000 or 90,000 a month.

If Medicare could negotiate directly with drug companies it could save the federal and state governments hundred of billions of dollars and cut insurance premiums.

Hawaii's home prices suffered in the 1990s because of economic trouble in Japan, ... If home prices in California reverse, it will have ripple effects.

The idea that we have to make cuts imminently because of the Baby Boomer generation is simply not true, ... We knew about Boomers and adjusted the program accordingly. Greenspan is really off the mark.

We're building at a 2 million-a-year pace, which is more than demand, and we're going to keep building at that pace until home prices correct, ... It's already showing up in the rental market, oversupply is pushing down rental prices.

Does he want to see it burst on its own, or is it appropriate for the Fed to move to deflate asset bubbles?

Hawaii's home prices suffered in the 1990s because of economic trouble in Japan. If home prices in California reverse, it will have ripple effects.

The idea that we have to make cuts imminently because of the Baby Boomer generation is simply not true. We knew about Boomers and adjusted the program accordingly. Greenspan is really off the mark.

With the housing bubble now having generated comparable levels of unsustainable wealth, the economy faces even greater dangers today than it did when the stock market crashed.

I think Alan and really played a unique role here. He certainly expanded the power of the Fed, in the sense that he came to be the all purpose authority on economic matters -- he was commenting on trade policy, tax policy.

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