Dean Baker Quotes

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.

- Dean Baker

Tags

Housing | Bubble | Generated | Comparable | Levels |

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Gore is keeping the existing system in place because it works -- using the budget surplus to add to the Social Security trust fund. So what's the point in dismantling it. - Dean Baker

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. - Dean Baker

People are willing to pay them because there is an expectation that prices will continue to rise. Once people don't have that expectation, things will change. - Dean Baker