dean baker

    By Lita Epstein

    | 10:40AM 11/20/2009
    On the same day the Obama Administration floated a trial balloon to test the waters for extending TARP, the Congressional Oversight Panel heard from experts about TARP's effectiveness. While some of the experts did find aspects of TARP effective, they all testified to significant problems with TARP...

    By Lita Epstein

    | 11:45AM 11/18/2009
    The housing market dropped off a cliff in October, as the original Nov. 30th expiration date for the first-time home buyers tax credit approached, according to the Housing Market Monitor of the Center for Economic and Policy Research. Add to that the 6.25% 60-day delinquency rate in the third...