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Jared Bernstein

The Audacity of Jobs

Ed Crego, George MuƱoz and Frank Islam | Posted 04.16.2013 | Politics
Ed Crego, George MuƱoz and Frank Islam

Some pundits assert that in doing so he was taking his eye off the ball. We would argue quite the contrary. Putting jobs and wages in the direct line of sight is exactly what needs to be done to move the economy forward in a manner that benefits the middle class and average Americans.

Alan Simpson: Quit Politicizing 'The Poor'

The Huffington Post | Ian Gray and Daniel Lippman | Posted 10.05.2012 | Politics

WASHINGTON -- Former U.S. Senator and co-chairman of President Barack Obama's deficit commission Alan Simpson told an audience Tuesday that politicia...

The Unconventional: The Political Conventions in Perspective

Ed Crego, George MuƱoz and Frank Islam | Posted 11.11.2012 | Politics
Ed Crego, George MuƱoz and Frank Islam

It appears the Democratic Party's convention in Charlotte produced a better one for Obama. As history has shown, the bounces don't matter very much -- Dukakis, Kerry and McCain each got substantial bounces after their conventions. You know the rest.

This Is Not Your Mother's Medicare: Part 1

Ed Crego, George MuƱoz and Frank Islam | Posted 11.05.2012 | Politics
Ed Crego, George MuƱoz and Frank Islam

We agree with Paul Ryan that we need a debate to determine how Medicare can be improved. What we do not need, however, is much of what passes for debate these days -- diatribes, finger-pointing, ad hominem attacks, and systematic presentations of misinformation.

Bain Capitol?

Ed Crego, George MuƱoz and Frank Islam | Posted 08.07.2012 | Business
Ed Crego, George MuƱoz and Frank Islam

Over the past few weeks, the main debate in the political arena has centered on what would it mean if Washington, D.C., became a Bain Capitol after the November elections. Would it be worse or better for job creation and the economy?

Why Do So Many Elites Hate Social Security?

Dave Johnson | Posted 06.11.2012 | Politics
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?

Jon Ward

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

HuffingtonPost.com | Jon Ward | Posted 04.06.2012 | Politics

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

Mother America Always Loved Manufacturing Most

Leo W. Gerard | Posted 04.28.2012 | Business
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.

Zach Carter

President Obama's New Financial Crimes Team Has Bank Ties

HuffingtonPost.com | Zach Carter | Posted 01.30.2012 | Politics

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

Bonnie Kavoussi

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

HuffingtonPost.com | Bonnie Kavoussi | Posted 02.03.2012 | Business

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

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

Michael Shank | Posted 01.09.2012 | Politics
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".

Float Like A Butterfly, Sting Like Ali

Jim Worth | Posted 11.05.2011 | Politics
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.

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

Richard (RJ) Eskow | Posted 10.16.2011 | Business
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?

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

Jared Bernstein | Posted 09.11.2011 | Business
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.

The Housing Crisis: How to Reach Escape Velocity

Preeti Vissa | Posted 08.29.2011 | Business
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.

Getting to a Trillion

Jared Bernstein | Posted 08.29.2011 | Politics
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.

The Budget Debate, and What Should Be Obvious

Jared Bernstein | Posted 08.26.2011 | Politics
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.

Employer-Side Payroll Tax Cut Won't Increase Hiring

Daniel Marans | Posted 08.24.2011 | Politics
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?

Republican Economics and Other Fanciful Thoughts

Jared Bernstein | Posted 08.24.2011 | Politics
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.

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

The Huffington Post | James Sunshine | Posted 08.22.2011 | Business

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

Understanding the Unemployment Situation

Jared Bernstein | Posted 08.22.2011 | Business
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.

Riding White Water Economics Without Paddles and Rudder

Steve Clemons | Posted 08.20.2011 | Politics
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?

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

Richard (RJ) Eskow | Posted 08.16.2011 | Politics
Richard (RJ) Eskow

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

Misleading Medicare Mantra

Jared Bernstein | Posted 08.16.2011 | Politics
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.

Down the Memory Hole

Jared Bernstein | Posted 08.14.2011 | Politics
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.