Jared Bernstein is an American economist who has been designated Chief Economist and Economic Policy Adviser to Vice President Joe Biden in the Obama Administration. Bernstein was formerly a senior economist at the Economic Policy Institute and is author to the book Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries).
His last book was All Together Now: Common Sense for a Fair Economy. He is also the co-author of eight editions of the book The State of Working America
and has published extensive in popular and academic venues. He is a frequent contributor to the cable station CNBC and holds a PhD in Social Welfare from Columbia University. He was also the one that was cut off by the moderator.
Notable comments:
"You don't get from the deepest recession since the depression in a few weeks days or months even. . . I think there is this kind of meme being adapted - if unemployment is rising therefore the recovery act isn't working. There is no stimulus plan that could offset the greatest recession and the trillions of dollars in debt that the US is in.
"We are not at 'Mission Accomplished' until we are fully putting people back to work and fully out of the woods."
"And, less bad is not the bar we seek to clear."
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