Jared Bernstein
Jared Bernstein
Jared Bernsteinis a Senior Fellow at the Center on Budget and Policy Priorities. From 2009 to 2011, Bernstein was the Chief Economist and Economic Adviser to Vice President Joseph Biden in the Obama Administration. Bernstein's appointment was considered to represent a progressive perspective and "to provide a strong advocate for workers"...
bureau care child costs critical efforts essential ignores offer parents past poverty recent represents step thus welcomed
We have welcomed past efforts by the Bureau to offer alternative poverty measures. Their most recent release, however, ignores critical innovations and omits essential costs like child care for working parents and thus represents a step backwards.
equitable
You don't need an equitable distribution to have a sustainable recovery.
class continue generate pace slower
While we continue to generate middle-class jobs, I would say we're doing so at a slower pace than we have in the past.
continues families faster food growth inflation slow unless wage
Unless working families can give up food and gas, this combination of slow wage growth and faster inflation continues to pinch.
difficult gets hot injuries might night tremendous
We did not see the tremendous upsurge in injuries we thought we might get. It gets really difficult when it is tremendously hot during the night - not just when it is really hot days, but when it is really hot weeks.
again cautious close employers period turning warrants whether
Whether we're into another period now where employers are turning really cautious again ... warrants close observation,
looking recovery
We're looking at a recession/jobless recovery that's two years old to the day.
oil president fracking
What you don't hear from these GOP candidates is that they really can't go after this president on domestic production of oil and gas. He's actually done quite a lot. In fact, I would suspect they're environmentalists who are worried that we're doing too much drilling and fracking, in fact. I know that for a fact.
mean payroll-tax bucks
Did folks know that the tax to fund the program [Social Security] only hits salaries up to $110,000? That means that if you make a million bucks, about 90% of your salary is tax free when it comes to the payroll tax that funds Soc Sec. That ain't right.
running insecurity lines
The bottom line is that it's better to run a workforce on security than insecurity.
employment situation
The full employment situation reinforces itself.
government should high-road
The government should be actively enforcing the high road.
school play competition
Where you see immigration competition play out most clearly is among high school dropouts. I'd say there's clearly immigrant competition among the least-skilled workers, but natives are a shrinking share while immigrants are a growing share.
strong wages way
With stagnant hourly wages, the only way for working families to get ahead is by working more hours, ... certainly not the path to improving living standards that we'd expect in an economy posting strong productivity gains.