Latest from Jared Bernstein

I’m joining Biden’s economics team. Here’s some of what I’ll be thinking about.

After scribbling about economic policy here for a few years, I'm signing off to try to put it all into practice.

December 3, 2020

The limits of scarcity

The economic constraint is not scarcity of resources. It’s scarcity of bold ideas and the political will to bring them to fruition.

November 18, 2020

The economics of government debt at this unique moment

Low real interest rates in tandem with critical needs make this a good time to use fiscal policy to meet pressing economic needs.

November 12, 2020

This precarious economic moment: Diagnosis and prescription

Consumer spending was supported by government transfers and savings, but they’re fading and the economy is downshifting. What happens next is up to us.

October 27, 2020

The return of austerity politics

If conservatives ignore fiscal austerity when they’re in power but Democrats embrace it when they take control, then conservatives will consistently meet the demands of their constituents while Democrats consistently fail to do so.

October 20, 2020

Trump’s triple failure: Virus control, stimulus and the trade deficit

President Trump waged a trade war and lost.

October 12, 2020

Why the U.S. economy just downshifted, and how to reverse that

The bad news: There are four reasons the U.S. economy just downshifted. The good news: Public policy can repair the damage.

October 7, 2020

What Trump’s and Biden’s competing economic agendas reveal about the economy

New studies find that Biden’s economic plans beat Trump’s in terms of jobs and growth. That’s because it takes policy to get to full employment.

September 28, 2020

Thanks to Trump’s actions, millions lose health coverage

Trump administration actions against the Affordable Care Act have cost millions their health coverage.

September 22, 2020

Miracles are not a plan

For the first time in 160 years, the Republican Party failed to produce a policy platform. Big mistake, especially in 2020.

August 31, 2020