Peter Hart

3 weeks ago | cepr.net | Data Bytes |Dean Baker |Peter Hart |Eileen Appelbaum

Sorry to step away from my usual economics beat, but this is important. And to be clear, I am not all a fan of the war on the Houthis, but that is beside the point. The Trump administration had a meeting with all its top national security staff, except Trump, planning a war against the Houthis on an unsecured system. They also managed to unknowingly include a senior editor/reporter from Atlantic Magazine in the meeting. This was an incredible breach of any normal security protocols.

1 month ago | cepr.net | Data Bytes |Dean Baker |Peter Hart |Emma Curchin

When Elon Musk and his DOGE boys were raiding the Social Security Administration (SSA) and coming up with their nutty fantasies about millions of dead people getting Social Security, they apparently didn’t bother to spend any time looking at actual data about the program. If they had, they might have gotten a bit of understanding about not only the program, but also the labor market and immigration.

Nov 1, 2024 | cepr.net | Peter Hart

The October jobs report showed little gain in hiring, with establishments adding just 12,000 jobs. The number was depressed both by the effects of the hurricanes that hit the South last month and the loss of roughly 33,000 jobs due to the strike at Boeing. The economy has now added 15.3 million jobs since President Biden took office in January of 2021. We now have 5.9 million more jobs than at the pre-pandemic peak.

Oct 31, 2024 | cepr.net | Peter Hart

The New York Times’ lead homepage article today told readers that in spite of a batch of really good economic data, “voters still feel blah.” There are several points that are worth adding to the discussion in the piece. Prices Are Still HighThe first point is that the piece starts with an often-repeated complaint that, even though inflation has slowed roughly back to its pre-pandemic pace, prices are still high.

Oct 10, 2024 | cepr.net | Peter Hart

Today, Senator Elizabeth Warren (D-Mass.) reintroduced the Stop Wall Street Looting Act, legislation that would curb some of the worst excesses of the private equity industry. Eileen Appelbaum, co-director of the Center for Economic and Policy Research (CEPR) and co-author of the book “Private Equity at Work: When Wall Street Manages Main Street,” released a letter to Senator Warren that traces the rise of this dangerous industry.