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Biden taps progressive economist Jared Bernstein as top adviser.

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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 12:17 PM
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Biden taps progressive economist Jared Bernstein as top adviser.

Biden taps progressive economist Jared Bernstein as top adviser.

Vice President-elect Joseph Biden has just announced that Jared Bernstein, Director of the Living Standards program at the Economic Policy Institute, will fill the new position of Chief Economist and Economic Policy Advisor to the Vice President. Bernstein is a renowned progressive economist, with expertise on the middle-class squeeze, income inequality and mobility, low-wage labor markets, and poverty. In May, Bernstein wrote on Huffington Post that its now time for progressives to govern after years of conservative failures:

Regarding the variables that matter most to working families, the neocon experiment was a particularly dramatic failure. Employment grew one third as fast as the average over the 2000s business cycle and the unemployment rate, though low on average, was higher at the end of the cycle than at the beginning. Perhaps the most damning indictment is this: for the first time on record, going back to the mid-1940s, the income of the typical, middle-income family was slightly lower last year than at the prior peak in 2000 (see their figure A). <>

The defenders of the status quo will howl in protest: the Democrats blocked us, the terrorist attacks and the war changed everything, we must stay the course to victory! But such rhetoric should be dismissed as what it is: the last, desperate gasps of a dying movement.

Theyve had their turn and theyve failed. It is our turn now.

Bernstein previously served as the Deputy Chief Economist for the Department of Labor, Congressional Budget Offices advisory committee, and is a contributor to CNBC.





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Common Sense Party Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 12:22 PM
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1. I wish people would stop "tapping" one another.
Can't they "select" or "choose" or "pick" qualified candidates anymore?
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 12:57 PM
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3. Bernstein is a great pick. n/t
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Common Sense Party Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 01:10 PM
Response to Reply #3
4. He sure isn't a great "tap." n/t
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Hell Hath No Fury Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 12:55 PM
Response to Original message
2. Wow!
Something I can be actually happy about! :D Cool.
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zulchzulu Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 01:12 PM
Response to Original message
5. NO!!!!! I wanna whine that Obama is only picking warmongers! WHHAAAA!!!
:sarcasm:


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