> The #OnlineCalculator is simple. For example, the Washington Post recently reported these budget numbers: the cost of President Biden’s American Jobs Plan was lowered to a proposed $1.7 trillion over eight years, while Senate Republicans countered with an $800 billion proposal... #DeanBaker pointed out, Biden’s proposal “. . . is a bit less than 0.8 percent of #GDP...
https://cepr.net/press-release/new-tool-helps-reporters-put-us-budget-numbers-into-perspective/
#CEPR #BudgetAnalysis #USABudget

> The #OnlineCalculator is simple. For example, the Washington Post recently reported these budget numbers: the cost of President Biden’s American Jobs Plan was lowered to a proposed $1.7 trillion over eight years, while Senate Republicans countered with an $800 billion proposal... #DeanBaker pointed out, Biden’s proposal “. . . is a bit less than 0.8 percent of #GDP...
https://cepr.net/press-release/new-tool-helps-reporters-put-us-budget-numbers-into-perspective/
#CEPR #BudgetAnalysis #USABudget

Today's Twitter banning of #DeanBaker, even as it replatforms antivaxxers and white supremacists, solidifies a decision I had already 95% made: I WILL be off the #BirdSite by the end of this month. Please find me on Mastodon -- @BruceMirken

> Bill Gates is one of the richest people in the world because the government will arrest people who make copies of #Microsoft’s software without his permission. It was not the #market that made #BillGates insanely rich, it was a #GovernmentPolicy...
The government put in place policies designed to take money from the bottom 60 percent of the population and give it to those at the top.
https://zcomm.org/znetarticle/the-market-did-not-cause-inequality-no-matter-how-much-the-ny-times-insists/
#DeanBaker #Markets

#DeanBaker : « to date the data are very clear: […] Insofar as people are seeing #job opportunities disappear, it is due to factors other than #robots [like] #trade, the weakening of #LaborUnions, declining #MinimumWages, and contractionary macroeconomic #policy.
[…]
The #robot story […] appears to pin the blame for #inequality on the natural development of #technology. [But] there is zero evidence to support it. »
https://www.huffingtonpost.com/entry/the-data-defying-job-killing-robot-myth_us_5951aea5e4b0326c0a8d0ad8
#patent
#copyright

#DeanBaker : « The fact that #BillGates and many others have gotten hugely rich as a result of [#copyright and #patent] protections is a result of #GovernmentPolicy, not an inevitable outcome of #TechnologicalProgress.
[…]
It is understandable that the people who have gotten rich from our #policies on #patent and #copyrights would not want to see them at the center of #PublicDebate. But what is the excuse for everyone else who is not talking about them? »
https://www.huffingtonpost.com/entry/how-rich-would-bill-gates-be-without-his-copyright_us_59642f89e4b0deab7c646b4d