46 Quotes by Dean Baker

Saving Social Security with Stock: The Promises Don't Add Up.

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.

On this policy, the district is already in compliance with the requirements and has been for a couple of years, ... This policy just formalizes it.

Normally when you talk about housing bubbles bursting, you're talking about a specific local market. But we've never had a nationwide run-up in home prices like this. I don't think it's realistic to think the decline won't also be national. I think a 15 percent nationwide decline is very plausible. In many bubble areas, could be looking at 20-25, maybe 30 percent declines.

It's just prudent to have a chemical safety program, ... We don't want to have a sterile leaning environment, we want kids to have a rich learning environment while keeping them safe, that's the same issue every school faces.

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

It's clearly very strong across the board. There's no evidence of any downturn at this point.

They can't continue to spend beyond their income indefinitely. If people are building up large amounts of debt, you reach a point where they can't continue.

Things do seem like they're out of line, but of course I've been seeing warning bells for several years.