Jared Bernstein

Why Do So Many Elites Hate Social Security?

Dave Johnson | Posted 04.12.2012

Read More: Robert Samuelson, Jared Bernstein, Social Security, Dean Baker, Entitlements, Entitlement Programs, Politics News
Dave Johnson

This week there was another big attack on Social Security by another elite. This time the attack comes from a columnist. These attacks never come from people who depend on these programs (i.e. almost all of us.) Why do the privileged elites hate Social Security so much?

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Jon Ward

Shift To Obama vs. Romney Marks End (Maybe) To Silly Season

HuffingtonPost.com | Jon Ward | Posted 04.06.2012

Read More: Video, National Debt, Debt Ceiling, Elections 2012, Mitt Romney, Jared Bernstein, Medicare, Health Care, Paul Ryan, Barack Obama, Federal Budget, Douglas Holtz-Eakin, Politics News

WASHINGTON -- The news Thursday was dominated by Democratic accusations that the Republican National Committee chairman compared women to caterpillars...

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Mother America Always Loved Manufacturing Most

Leo W. Gerard | Posted 04.28.2012

Read More: Big Three, Chrysler, Hacker Space, Alexander Hamilton, Jared Bernstein, President Obama, Gm, Wall Street, Rosie the Riveter, Master Lock, Boeing, Abraham Lincoln, Manufacturing, Center on Budget and Policy Priorities, Brookings Institution, 787 Dreamliner, Barack Obama, Jobs, American Manufacturing, Made in America, Business News
Leo W. Gerard

It's illogical, even unpatriotic to use tax dollars to subsidize companies that send jobs overseas, transferring America's manufacturing power to foreign countries like China.

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Zach Carter

President Obama's New Financial Crimes Team Has Bank Ties

HuffingtonPost.com | Zach Carter | Posted 01.30.2012

Read More: Foreclosures, Harp, Jared Bernstein, Obama, AG Settlement, Foreclosure Fraud, Financial Fraud, Video, Tbtf, Wall Street, Sotu, Banks, Khuzami, State of the Union, Schneiderman, Politics News

WASHINGTON -- President Barack Obama vowed during Tuesday's State of the Union Address to establish a new financial crimes unit dedicated to investiga...

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Bonnie Kavoussi

Foreclosure Filings Fell Steeply In 2011, Little Consolation For Struggling Homeowners

HuffingtonPost.com | Bonnie Kavoussi | Posted 02.03.2012

Read More: Foreclosures, Video, Housing Market, Mark Zandi, Housing, Diane Thompson, Economy, Realtytrac Foreclosures, Jared Bernstein, Foreclosure, Housing Crisis, Realtytrac, Dean Baker, Business News

Foreclosure filings fell dramatically last year, according to a report released Thursday. Several prominent economists said the news was a sign that t...

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Ohio's Collective Bargaining Key to Becoming America's Heartland Again

Michael Shank | Posted 01.09.2012

Read More: Violence, Jared Bernstein, Institute for Economics and Peace, Income Inequality, Education, US Peace Index, Occupy Wall Street, Healthcare, Budget, Columbus, Collective Bargaining, Governor Kasich, Michael Shank, Unions, Ohio, Homicide, Global Peace Index, Poverty, Politics News
Michael Shank

Thanks to the U.S. tax, trade and labor policies of the last 30 years, the American heartland has suffered tremendously. Only now is Washington realizing how those policies have made it very difficult for most of America to simply "get by".

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Float Like A Butterfly, Sting Like Ali

Jim Worth | Posted 11.05.2011

Read More: Unemployment Cassius Clay, House of Representatives, Tea Party, Jared Bernstein, George Foreman, John Boehner, Politics, Jobs, The President, Rumble in the Jungle, Eugene Robinson, Congress, Muhammed Ali, Republicans, Barack Obama, Politics News
Jim Worth

Obama's efforts are reminiscent of Ali's rope-a-dope strategy he employed in The Rumble In the Jungle in 1974 against George Foreman.

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Money Is a Concept: Pain, Hip-Hop, and Economic Soul-Sickness

Richard (RJ) Eskow | Posted 10.16.2011

Read More: Jared Bernstein, Kanye West, Chuck D, Representative Currency, History of Money, Otis Redding, John Lennon, Rob Johnson, William Jennings Bryan, Stock Market, Buddhism, Terrance Mcnally, Drew Dellinger, Rebecca Solnit, Horse Racing, Jay-Z, Third World America, Business News
Richard (RJ) Eskow

These are disastrous times for millions of people, and our zero-sum money system can only enrich the few by bringing pain to the many. Can we build an economic policy out of our shared crisis and find a common purpose in its solution?

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It's Not the "Administration's Debt Ceiling"!

Jared Bernstein | Posted 09.11.2011

Read More: Jared Bernstein, Mitch McConnell, Debt Ceiling, John Boehner, Obama Debt Ceiling, Republicans, Business News
Jared Bernstein

How many House Republicans can John Boehner drag along at the end of the day to support a budget deal that will have at least some revenues? Team Obama/Biden, to their credit, have never wavered on this, and that matters. They can't get their caucus behind them without revenues in the deal, because, as the president pointed out yesterday, no revenues would mean putting everything on the spending side of the ledger, and that would do far more harm than good, both to the economy and to the people in it. So, as has been the case all along, the debt ceiling negotiation all comes down to a numbers game, and I don't mean dollars, I mean votes.

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The Housing Crisis: How to Reach Escape Velocity

Preeti Vissa | Posted 08.29.2011

Read More: Fannie Mae, Jared Bernstein, Foreclosure Crisis, Freddie Mac, Mortgage Modification, Business News
Preeti Vissa

One of the biggest is the investors who actually own the bulk of mortgages. What's missing from that line of thinking is the effect on the overall economy.

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Getting to a Trillion

Jared Bernstein | Posted 08.29.2011

Read More: Taxes, Jared Bernstein, Federal Budget Deficit, Debt Ceiling, Budget Cuts, Revenue, Tax Revenue, Budget, Politics News
Jared Bernstein

If revenues are to be in the budget package now being negotiated they will almost surely come from cutting tax expenditures. Those are the one trillion worth of tax revenues forgone each year due to tax breaks for various activities in the code.

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The Budget Debate, and What Should Be Obvious

Jared Bernstein | Posted 08.26.2011

Read More: Taxes, Jared Bernstein, Federal Budget Deficit, Debt Ceiling, Republican Party, Eric Cantor, Economy, Budget, Republicans, Politics News
Jared Bernstein

If you dropped in from outer space and looked at the Republicans' budget, you would conclude that the big economic problem facing our nation is that poor people have too much income and rich people have too little.

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Employer-Side Payroll Tax Cut Won't Increase Hiring

Daniel Marans | Posted 08.24.2011

Read More: Jared Bernstein, Deficit, Unemployment, Social Security, Payroll Tax Holiday, Federal Budget Deficit, Dean Baker, Politics News
Daniel Marans

There's just no guarantee that these companies would take advantage of the tax cut to invest in expansion and hiring. Shouldn't the same logic hold true for the employer-side payroll tax cut?

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Republican Economics and Other Fanciful Thoughts

Jared Bernstein | Posted 08.24.2011

Read More: Taxes, Federal Budget Deficit, Debt Ceiling, Budget, Economy, Jared Bernstein, Republican Party, Eric Cantor, Republicans, Politics News
Jared Bernstein

We can have a budget plan that taps both spending cuts and more revenue without raising tax rates. It would take the closing of some loopholes, not unlike the ethanol one that a bunch of Republicans supported the closure of just last week.

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WATCH: Ex-Economic Adviser On Ryan's Budget: 'Robin Hood In Reverse'

The Huffington Post | James Sunshine | Posted 08.22.2011

Read More: Voucher Program, White House, House of Representatives, Elections 2012, 112th Congress, Jared Bernstein, Medicare, Joe Biden, Newt Gingrich, Barack Obama, Paul Ryan, Paul Ryan Budget, Video, Business News

Jared Bernstein, Vice President Joe Biden's former economic advisor, agrees with Republican Congressman Paul Ryan on Wisconsin being a nice place to p...

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Understanding the Unemployment Situation

Jared Bernstein | Posted 08.22.2011

Read More: Jared Bernstein, Business News
Jared Bernstein

In today's global, low-union world, the working man and woman really have no better friend than full employment. It's one of the only and best ways I know to relink growth and middle-class prosperity. And we're currently nowhere near it.

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Riding White Water Economics Without Paddles and Rudder

Steve Clemons | Posted 08.20.2011

Read More: Infrastructure Bank, Depression, Jared Bernstein, Birch Bayh, Kenneth Rogoff, George Soros, 1937, Economic Shocks, Robert Johnson, Barack Obama, Institute for New Economic Thinking, Joseph Stiglitz, Financial Crisis, Inet, Economic Corruption, Greece, Politics News
Steve Clemons

What would it take for Pleasantville to become modern-day Greece -- where people are losing all that they have built and the social stress is undermining the solvency of the state?

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By Not Challenging the Tea Party, the White House Makes It Stronger

Richard (RJ) Eskow | Posted 08.16.2011

Read More: Real Estate Market, Foreclosures, Tom Lehrer, Tea Party, Celinda Lake, Mortgage Relief, Jared Bernstein, Underwater Homes, Housing Prices, Rick Santelli, Homeowners, Bobby Womack, Obama Administration, Barack Obama, Politics News
Richard (RJ) Eskow

This country is discouraged, angry, and frightened. That's the mood that the Tea Party has successfully tapped.

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Misleading Medicare Mantra

Jared Bernstein | Posted 08.16.2011

Read More: Medicare Cuts, Jared Bernstein, Paul Ryan Medicare, Medicare, Paul Ryan, Politics News
Jared Bernstein

When you criticize the idea of privatizing Medicare, proponents of that plan's kneejerk comeback is to claim that Medicare is going bankrupt. They've got to break it to fix it. But that's a misleading non sequitur that should not go unchallenged.

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Down the Memory Hole

Jared Bernstein | Posted 08.14.2011

Read More: Unemployed, Unemployment, Unemployment Rate, Economy, Jobs, Jared Bernstein, Job Creation, Politics News
Jared Bernstein

Listening the Republican debate last night, I was once again struck by the extent to which these folks are stuck in a tattered old box when it comes to economic policy -- advocating the very agenda that got us into our current mess.

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Zach Carter

How Obama's Failed Foreclosure Relief Plan Contributes To The Jobs Crisis

HuffingtonPost.com | Zach Carter | Posted 08.03.2011

Read More: Layoffs, Foreclosures, Cardoza, Unemployment, Economy, Home Prices, Mortgage Crisis, Jobs, Jared Bernstein, Foreclosure, Obama, Democrats, Mike Lux, Goolsbee, Housing Crisis, Politics News

WASHINGTON -- The Obama administration's inability to stem the foreclosure crisis ricocheted dramatically on Friday, as the Labor Department released ...

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On the Job Numbers

Jared Bernstein | Posted 08.03.2011

Read More: Job Numbers, Jobless Rate, Unemployment, Unemployment Rate, Jared Bernstein, Jobs, Joblessness, Business News
Jared Bernstein

We can smooth out the month-by-month data all we want, but the fact is that job growth in the United States is just too slow to provide working families with the job and income opportunities they need.

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Note to Congress: Stop Screwing Around and Raise the Debt Ceiling

Jared Bernstein | Posted 08.01.2011

Read More: John Boehner Debt Ceiling, Debt Ceiling Vote, Debt Ceiling, Gop Debt Ceiling, Jared Bernstein, Medicare, Republicans, Politics News
Jared Bernstein

In the interest on not endangering an economy that really doesn't need anything else to worry about, Congress should first raise the debt ceiling, then debate the budget. Right now the priorities are backwards.

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Changing the Subject: Where Are the Jobs?

Jared Bernstein | Posted 07.27.2011

Read More: Unemployed, Unemployment, Unemployment Rate, Budget, Tax Cuts, Jobs, Jared Bernstein, Republicans, Politics News
Jared Bernstein

The Republicans, deeply dinged by a politically damaging foray in badly designed Medicare reform, are trying to shift the conversation to jobs. But there's nothing much in their proposals that we should expect to help.

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Zach Carter

WATCH: Obama Administration Economist Explains Departure

HuffingtonPost.com | Zach Carter | Posted 07.27.2011

Read More: Foreclosures, Deficit, Geithner, Biden, Debt Ceiling, Economy, Jared Bernstein, Jobs, Obama, Bernstein, Summers, Buisness, Video, Politics News

WASHINGTON -- On the heels of his departure from the Obama administration, economist Jared Bernstein warned that Washington's political culture mislea...

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