#jaredbernstein — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #jaredbernstein, aggregated by home.social.
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“ #Trump admin is raising #prices that are at the heart of the #affordability crisis". --#JaredBernstein
Post-trade war, tariffs are up $21 billion/month.
Or $736/year for every man, woman. & child living in the US.
At the moment, importers are eating a lot of this tax, but sometime this year, much of this will pass through to consumers. The rest will result in lower margin for businesses without #monopoly power.
https://econjared.substack.com/p/did-someone-neglect-to-tell-the-president?publication
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“So now they’re trying to get us back to the #economy they inherited…
...by taking down the destructive measures that their invented reality required them to implement”
"As I said, it’s probably not too late to do so, though damage has been done."
https://econjared.substack.com/p/with-sharp-reduction-in-china-tariffs
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"Jared Bernstein ... summarised the evidence against trickle-down economics in a presentation to the joint economic committee of Congress several years ago.
... if the trickle-down theory was correct, we would expect to see that, when tax rates go down, growth goes up and vice versa. But using data stretching from 1947 to 2015, Bernstein showed in no case was that true."
#EricBeinhocker, #NickHanauer, 2022
(2/?)
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CW: Long thread/10
The progressive wing of the party bargained for these key appointments and then played their cards very well, getting incredible, hard-charging, hyper-competent fighters in those roles.
Likewise, #JaredBernstein, *finally* confirmed as #CouncilOfEconomicAdvisors chair after an interminable wrangle:
https://prospect.org/blogs-and-newsletters/tap/2023-06-16-team-biden/
10/
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Top advisors appointed
Lael and Jared the chosen two
Bringing prosperity#biden #fed #nationaleconomiccouncil #laelbrainard #jaredbernstein #haiku #poetry
https://www.nytimes.com/2023/02/14/business/biden-lael-brainard-national-economic-council.html
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Top advisors appointed
Lael and Jared the chosen two
Bringing prosperity#biden #fed #nationaleconomiccouncil #laelbrainard #jaredbernstein #haiku #poetry
https://www.nytimes.com/2023/02/14/business/biden-lael-brainard-national-economic-council.html
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Top advisors appointed
Lael and Jared the chosen two
Bringing prosperity#biden #fed #nationaleconomiccouncil #laelbrainard #jaredbernstein #haiku #poetry
https://www.nytimes.com/2023/02/14/business/biden-lael-brainard-national-economic-council.html
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@washingtonpost The White House is also expected to name Jared Bernstein, who serves as a member of the White House Council of Economic Advisers and was Biden’s top economics aide during the Obama administration, as that group’s chair, according to two people familiar with that decision #jaredBernstein #whiteHouse
