Jared Bernstein

Jared Bernstein

Jared Bernstein is a senior fellow at the Center on Budget and Policy Priorities and previously served as an economic advisor to the Obama administration.

Articles by this author

From left, Sens. Richard Blumenthal (D-Conn.), Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.) and Kirsten Gillibrand (D-N.Y.). (Jim Watson/AFP/Getty Images) Views
Monday, February 25, 2019
The Economic Rationale for the Democrats’ Aggressive Agenda
Just because Congress is anchored in a toxic combination of partisan gridlock and Trumpian chaos doesn’t mean policy debates are dead. Democrats are working overtime to craft an alternative to the status quo, including progressive tax reform, jobs programs, pushback on climate change, universal...
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Rep. Alexandria Ocasio-Cortez’s proposal for a 70 percent tax on incomes over $10 million is one of many being praised by the party’s progressive wing. (Photo: Shawn Thew/EPA-EFE/Shutterstock) Views
Thursday, February 14, 2019
Progressives Need to Ignore the Noise and Stay Ambitious
The New Green Deal is a 14-page document that exists about 40,000 feet up in terms of abstraction. It will not be passed by this Congress. That’s not just because of the political divide but also because it is not legislation: It’s a set of broad ideas — good ones, from my perspective — to reduce...
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Monday, September 03, 2018
Unions in the 21st Century: A Potent Weapon Against Inequality
The topic of economic inequality can appear complex, with many nuanced causes and outcomes. But while the two of us actively engage in that debate, we also strongly believe that there is one overarching factor that must not be, but often is, overlooked: worker bargaining power. On Labor Day, this...
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"So, while I don’t begrudge team Trump their bragging — it’s standard practice — if anything, the strength of the economy underscores how little it has to do with this extremely chaotic presidency and an economic team that engages far more in wishful thinking than cogent analysis." (Photo: Gage Skidmore/flickr/cc) Views
Monday, June 11, 2018
How Trend-Riding Trump Is Taking Credit for the Economy He Inherited
President Trump inherited several positive economic trends, and no one should be surprised that he’s taking credit for them. This is White House Economics 101: Though it is almost always undeserved, presidents take credit for good economies and try to blame others for bad ones. Putting that truism...
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Thursday, March 08, 2018
New Evidence of the Minimum Wage Doing What It’s Supposed to Do: Help Low-Wage Workers
Among the many important charts that wage analyst extraordinaire Elise Gould has in her latest update on U.S. wage trends, the one below is especially revealing. It shows the increase in real hourly earnings for low-wage workers, those at the 10 th percentile of the wage scale (meaning 90 percent...
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Monday, January 01, 2018
A New Year’s Resolution for the Media: Do Not Let Republicans Get Away With Saying ‘Reforms’ When They Mean ‘Cuts’
I have a simple request to journalists, columnist, pundits, and others writing about forthcoming efforts of Republicans to cut Medicare, Medicaid, Social Security, and the anti-poverty programs that make up our safety net. Call such efforts “cuts.” Do not call them “reforms,” “changes,” “overhauls...
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Monday, December 04, 2017
Two Top Republican Tax Writers Reveal Their Prejudice and Their Strategy
On Saturday, Sen. Charles E. Grassley, a Republican from Iowa and member of the Senate’s tax writing committee, said this about repealing the estate tax: “I think not having the estate tax recognizes the people that are investing, as opposed to those that are just spending every darn penny they...
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Friday, December 01, 2017
If You’re Against the Tax Plan, You’re a) in the Majority, and b) Not a Congressional Republican
Let me give you a sense of how unpopular the Trump/GOP tax plan is with the public. The website fivethirtyeight.com features a result showing that this plan polls worse than two previous plans to raise taxes. From the 538 article by Harry Enten: About a third of voters currently support the...
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Tuesday, March 01, 2016
An Anti-Poverty Agenda That Excludes Access to Reproductive Healthcare is Woefully Incomplete
I’ve written extensively in this column about anti-poverty policy. I’ve underscored the importance of minimum wages, work supports including child care and wage subsidies, SNAP (food stamps), housing and health care. I’ve often stressed the critical role for criminal justice reform. I never shut up...
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Friday, December 25, 2015
Did Minimum Wage Increases Really Kill 200K Jobs? Nope.
A number of folks have asked me about this article claiming that recent minimum wage increases may have “killed as many as 200,000 jobs.” In fact, based on a balanced look at the underlying data, the article could also just as easily have argued that these increases did not kill 200,000 jobs. Let...
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