Jared Bernstein


Last quote by Jared Bernstein

Faster productivity growth would be great. I'm just not at all sure we can count on it to lift middle-class incomes.feedback
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Nov 17 2017
Jared Bernstein has most recently been quoted in an article called Republican tax plan will lead to more offshoring of U.S. jobs and a larger trade deficit. Jared Bernstein said, “The extent to which the Trump tax plan betrays his base cannot be exaggerated. The plan will increase offshoring, hurt U.S. manufacturing, and raise the trade deficit.”. Jared Bernstein has been quoted a grand total of 80 times in 71 articles.
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Jared Bernstein quotes

Oct 05 2017

I see no reason not to try to claw back whatever we can from these effects. What good reason is there for not trying to draw in any potential labor supply that might be out there?feedback

Sep 29 2017 - Republican Party

Someone needs to honestly explain to working-class households why they'd want to get anywhere near this thing.feedback

Sep 25 2017 - American politics

Republicans were clearly not ready to take power. Democrats must avoid that fate.feedback

Sep 21 2017

If you tried to map a president's tax regime against how well the middle class did, you wouldn't find anything, and that's because the forces that drive middle-class income gains are really quite different than the ones [affected] by tax changes.feedback

Sep 19 2017

There are Republicans who will sell out their own states and constituents to kill a program named after the last president while paving the way for bigger tax cuts, even as that program is actively delivering affordable health coverage to tens of millions of Americans.feedback

Sep 18 2017 - Populism

The populism upon the land is a function of long-term economic trends that have hurt the economic prospects of middle-wage men, and more recently, women as well.feedback

Sep 14 2017 - Affordable Care Act

Progressives need to walk and chew gum, or, in this case, build on the ACA while planting the seeds for single payer.feedback

Sep 11 2017

Puzzle #1: Lower-than-expected inflation. Puzzle #2: What should the Fed do about that?feedback

Aug 30 2017 - Trump Presidency

As Labor Day nears, we must recognize the depth of the Trump administration's attack on the safety and living standards of working people.feedback

Aug 21 2017 - Republican Party

You need a president who's got more interest and credibility than Trump has on the issue. It's a little remarkable at this point that they don't have a plan.feedback

Aug 14 2017 - Inequality

The increase in inequality is not the benign result of an evolving economy. It's a function of dis-equalizing policy choices.feedback

Aug 11 2017 - Republican Party

He's far more interested in casting blame them in passing tax reform.feedback

Aug 02 2017

Presidents all do it to some extent, but President Trump's claims about how he's boosting the economy are uniquely noncredible.feedback

Jul 27 2017 - Walmart

Congressional Democrats' Better Deal plan goes after increasingly concentrated corporate power. It's an excellent, pro-market idea that's responsive to unsettling trends.feedback

Jul 26 2017

It's actually always been a real source of contention in the party.feedback

Jul 24 2017

Just because the Republican's growth plan won't work doesn't mean Democrats don't need a much better, more inclusive one.feedback

Jul 19 2017

Mr. President, it's time to snatch victory from defeat. Here's how.feedback

Jul 18 2017

So far, there's still enough representativeness left in our democracy to block tax cuts for the wealthy to pay for coverage cuts to the poor.feedback

Jul 17 2017

The conservative funders who pay politicians not to understand how insurance works are clearly getting their money's worth.feedback

Jul 13 2017 - Unemployment

A study from the Federal Reserve underscores the importance of full employment for minority workers.feedback

Jun 21 2017 - Snapchat

Conservatives are reducing the effectiveness of safety net policies while raising the likelihood of the next recession, which is when we'll need those safety net policies.feedback

Jun 15 2017

It's an important piece of work. If we were trading in the currency of facts, Kansas never would have tried – never would have undertaken – this experiment.feedback

Jun 14 2017 - Trump Presidency

You probably missed it, but team Trump claims be focusing on workforce development. Uh-oh.feedback

Jun 07 2017 - Affordable Care Act

I think of Vice President Pence as being for standard-issue conservative economic policies, including tax cuts in the spirit of Ryan/Trump, smaller government, spending cuts everywhere, including entitlements, except defense, . On health care, however, he was one of a minority of [GOP] governors who took the ACA Medicaid expansion in his state, so that cuts against type a bit.feedback

Jun 07 2017

Education actually matters to people in Kansas. The lesson is that when it comes to things government provides, people value that more than conservative ideology admits.feedback

Jun 07 2017

It's a great day in Kansas and a blow to the myth of trickle-down taxation. Whether D.C. Republicans will learn from the Kansas legislature is very much another question.feedback

Jun 07 2017

The Kansas legislature finally put a stop to the predictably failed trickle-down tax cut experiment it began in 2012. Kansas Gov. Sam Brownback (R) had vetoed a bill that partially reset income tax rates to where they were before the cuts and closed a huge loophole — importantly, one mimicked in President Trump’s tax plan. [].feedback

Jun 05 2017

It was thoroughly unsurprising to hear President Trump’s budget director inveigh against the Congressional Budget Office for not delivering the score he wanted on the administrations benighted health-care bill (the American Health Care Act — you know, the one the CBO says would strip insurance coverage from an additional 23 million). Office of Management and Budget Director Mick [].feedback

Jun 02 2017

Today’s jobs report revealed a job market that’s a bit softer than we previously thought. While expectations were for an addition of 175,000 jobs, the actual number was 138,000. The monthly data, however, are jumpy, and so you’ve got to smooth things out as I do in the figure below. It shows average monthly job [].feedback

May 23 2017

I do think it's DOA [dead on arrival] and we've heard Republicans say that. The accounting in this budget is really just crazier than I've ever seen. We shouldn't be constrained by pessimism – but we should be constrained by arithmetic.feedback

May 08 2017 - Unemployment

Both wage and price growth have become less responsive to low unemployment. Policy needs to catch up with that fact.feedback

Apr 25 2017

Most businesses are now taxed as “pass-throughs” so we can't ignore them when debating corporate tax policy.feedback

Apr 25 2017

There is not a shred of evidence to support the secretary's pay-for-itself claim. Sure, significantly faster growth would spin off more revenues. But there's simply no empirical linkage between tax cuts and growth that's both a lot faster and sustained.feedback

Apr 19 2017

The argument that these sorts of tax cuts will pay for themselves is, thankfully, less broadly accepted. These authors have long argued a very simple case. In that sense, Forbes et al. may find that they've once again prevailed.feedback

Apr 17 2017 - NATO

If you get under the hood of the U.S. economy, some weaknesses are worth noticing.feedback

Apr 12 2017

Ever since the upset election that delivered unto us President Trump, there has been great interest in workers and communities left behind in terms of economic growth. The image is that of forlorn, working-age people, mostly white men, living in rural, jobless communities and self-medicating as they while away the hours playing video games. To [].feedback

Apr 10 2017

I’ve recently, by which I mean for the past 35 years, been thinking a lot about economic policy, and I’ve finally achieved some clarity: indirect policies don’t work very well, if at all. Direct policies are much more reliable. The best way to explain what I mean is by example, and I’ll provide some below. [].feedback

Apr 07 2017 - Inequality

Job growth slowed in March, but that may well just be statistical noise. Nevertheless, wage inequality is again on the rise.feedback

Apr 05 2017

Hey, nerds! I promised I’d follow up on my piece from earlier in the week about barriers to opportunity with ideas about how to take them down. Trust me, I’m the first to admit that these ideas aren’t exactly at the top of the congressional agenda, but I’ll have you know I just spent two [].feedback

Apr 03 2017

There are many barriers to opportunity in America today and a role for public policy to take them down.feedback

Mar 30 2017

Last week in Washington, we were all abuzz about health-care reform. Now we’re all abuzz about tax reform. Our problem — one of our problems — is that all the buzzing crowds out rational thought. An objective look at the reality of today’s economy, our demographics and our income distribution suggests that the current tax [].feedback

Mar 29 2017

It's hard to make a case that his efforts have been all that serious. His numbers never add up. That's a very typical Ryan tactic, but to be fair, he's not the only one who uses it.feedback

Mar 24 2017 - Obamacare

What the heck was that all about? Some quick thoughts on why the ACA's still standing.feedback

Mar 23 2017 - Republican Party

How could you possibly look out America and decide that the problem is that rich people don't have enough money and the Medicare trust fund is too flush?feedback

Mar 23 2017

Republicans plan to make two trips to the tax cut well, and Trip 1 paves the way for Trip 2.feedback

Mar 21 2017

Josh Bivens directs research at the Economic Policy Institute, is a great economist, an old friend, and the author of an excellent new paper I wanted folks to know about. Here he is, answering a bunch of my questions about his new work. Q: Tell us about the slowdown in productivity growth and why it’s [].feedback

Mar 15 2017 - Federal Reserve

The story regarding the Fed right now is less about today's expected rate hike and more about the tension between Trump's ideas and the policies that would really help the economy.feedback

Mar 14 2017

Here are the findings that I found most revealing and relevant from the Congressional Budget Offices score of the Republicans health care bill, followed by some brief thoughts on the policy and politics. Coverage declines: The headline number is that by 2026, 24 million fewer people will have health insurance coverage under the American Health [].feedback

Mar 13 2017

Four Republicans take a Sunday morning spin.feedback

Mar 10 2017

It actually takes a fair amount of work to get stuff done and really they haven't done anything yet.feedback

Mar 10 2017

Here in Washington, when the monthly jobs report comes out, we do a couple of weird things. First — and this will not surprise you — key numbers from the report become political footballs. When you get a solid report, like this morning’s, the president takes credit. Thus, in a tweet this morning, President Trump’s [].feedback

Mar 06 2017

In the beginning, God created a health-care system. But she quickly found it to be a thankless and terribly complex endeavor, so she decided to create the heavens and the Earth. The Earth was covered in darkness, so she said, “Let there be light,” and there was light. “That was easy,” she thought, so she [].feedback

Mar 02 2017

The stock market rally can't do much for people without stock portfolios, which is most people.feedback

Feb 23 2017

It's really important to recognize [the Republicans] don't have a plan. It isn't happening.feedback

Dec 19 2016

But, in fact, a tax cut is coming. What we need to do is think about how we get the most bang for the buck.feedback

Dec 19 2016

I like any change to be at least revenue neutral. I've [also] argued for revenue positive. And Republicans are nowhere near there.feedback

Nov 11 2016 - Trans Pacific Partnership

Various credible sources tell me that Obama will NOT try to pass the TPP in lame duck. Not unexpected, but there it is.feedback

Nov 07 2016

I've long given up on magical unicorns that get everyone to get together and sing Kumbaya. But there's still a ton of important stuff that a President Clinton could do.feedback

Oct 23 2016 - Wall Street

I think it's highly, highly unlikely that she'd appoint a Treasury [Secretary] with a Wall Street background, with the exception of someone like Gary Gensler who not only has a solid record of prosecuting financial market excesses, but is already close to the candidate.feedback

Aug 08 2016

The problem with a lot of what I heard today is that the numbers just don't add up.feedback

Aug 08 2016

We're already north of 70 percent. We can't do that again.feedback

Jul 08 2016

It's more of a Goldilocks story. You've got wage growth percolating, you've got a trend of about 150K – we'd like to see more – but that does keep you on the path to full employment.feedback

Jun 30 2016

It is smart to adjust minimum wage levels with some sensitivity to local prices. There is a reason why $15 makes more sense in San Francisco than in Mississippi.feedback

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