Biden Economist Bernstein: ‘We Are Doing All We Can to Ease Inflationary Pressures’
White House Council of Economic Advisers member Jared Bernstein insists the Biden administration is doing all it can to “ease inflationary pressures.”
White House Council of Economic Advisers member Jared Bernstein insists the Biden administration is doing all it can to “ease inflationary pressures.”
On Monday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers member Jared Bernstein stated that forgiving student loans does put a log on the fire of demand and inflation, but it’s canceled out by restarting payments on
On Monday’s broadcast of the Fox News Channel’s “The Story,” White House Council of Economic Advisers member Jared Bernstein responded to a question on how the White House can say the coronavirus pandemic is an emergency to legally justify the
During an interview released on Friday’s “Fox News Rundown” podcast, White House Council of Economic Advisers member Jared Bernstein responded to a question on why President Joe Biden’s loan plan is fair to people who paid back their loans by
On Friday’s broadcast of MSNBC’s “The Last Word,” White House Council of Economic Advisers member Jared Bernstein responded to a question on whether spending by the Biden administration contributed to inflation by saying there were supply issues and that while
White House Council of Economic Advisers’ Jared Bernstein insists those resources will not be used to audit households earning under $400,000 and will target those engaging in tax evasion, not tax avoidance.
On Monday’s broadcast of CNBC’s “Squawk Box,” White House Council of Economic Advisers member Jared Bernstein said that he doesn’t expect increased audits on the middle class due to increased IRS Funding in the Inflation Reduction Act reconciliation bill and
On Friday’s broadcast of CNN’s “Situation Room,” White House Council of Economic Advisers member Jared Bernstein said it “makes perfect sense” that 64% of Americans think we’re in a recession because “most people are thinking about inflation. They’re thinking about
On Wednesday’s broadcast of CNN’s “At This Hour,” White House Council of Economic Advisers member Jared Bernstein stated that there were “quite positive” aspects to first quarter GDP even though growth was negative and there are “some real headwinds from
White House press secretary Karine Jean-Pierre was confronted during the daily briefing with a 2008 statement from Biden’s current economic adviser Brian Deese, who was at that time serving as an economic adviser to Hillary Clinton during the 2008 Democrat primary.
The president immediately took credit for lower gas prices, even though gas prices are still two dollars a gallon higher than when he first took office.
White House economic adviser Jared Bernstein pointed out that the National Bureau of Economic Research typically weighed unemployment numbers and consumer spending when considering whether to declare that a recession was underway.
White House economic adviser Jared Bernstein said on this week’s “Fox News Sunday” broadcast that despite record inflation, it was “very hard” to conclude we were in a recession.
During an interview on MSNBC on Friday, White House Council of Economic Advisers member Jared Bernstein stated that the nearly 2:1 ratio of available jobs to people looking for work and difficulty in filling jobs is due to increased demand,
In a Monday appearance on CNBC’s “Squawk Box,” White House Council of Economic Advisers member Jared Bernstein doubled down on blaming Russia’s invasion of Ukraine on the record-high inflation.
On Friday’s “MSNBC Prime,” White House Council of Economic Advisers member Jared Bernstein refused to admit he got inflation wrong the same way Treasury Secretary Janet Yellen earlier in the week admitted she got inflation wrong — in part due
White House Council of Economic Advisers member Jared Bernstein on Thursday pointed to Russian President Vladimir Putin’s invasion of Ukraine for the record-high inflation and gas prices in the United States.
Tuesday on CNN’s “At This Hour,” White House Council of Economic Advisers member Jared Bernstein called on the American people to judge President Joe Biden on his “efforts” to solve inflation rather than the results thus far.
On Friday’s broadcast of the Fox News Channel’s “Your World,” White House Council of Economic Advisers member Jared Bernstein said that inflation will not hit the Federal Reserve’s target of 2% in 2022. Bernstein stated, [relevant remarks begin around 6:20]
On Thursday’s broadcast of CNN’s “New Day,” White House Council of Economic Advisers member Jared Bernstein argued that inflation numbers in Europe, which are “not quite as high as ours,” undercut the argument that “somehow U.S. spending was responsible” for inflation.
On Thursday’s broadcast of CNN’s “New Day,” White House Council of Economic Advisers member Jared Bernstein said that “we probably haven’t heard enough” about the economic harm that overturning Roe v. Wade will cause and the issue is “at its core here, an
Monday, White House Council of Economic Advisers member Jared Bernstein touted the Biden administration’s efforts to lower inflation.
On Monday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Jared Bernstein said that while he doesn’t want to give the probability of a recession, Goldman Sachs’ projection that there’s a 35% chance of a
On Monday’s broadcast of MSNBC’s “Hallie Jackson Reports,” White House Council of Economic Advisers member Jared Bernstein responded to a question on whether the minimum tax proposal in President Joe Biden’s budget is a first step towards further tax increases
White House Council of Economic Advisers member Jared Bernstein on Thursday predicted the 40-year high inflation rates in the United States would “come down significantly in 2022.”
On Tuesday’s “CNN Newsroom,” White House Council of Economic Advisers member Jared Bernstein stated that President Joe Biden’s plan to control gas prices is engaging “in diplomatic measures” to get oil-producing companies to follow their commitments, releasing oil reserves as
On Monday’s “CNN Newsroom,” White House Council of Economic Advisers member Jared Bernstein discussed inflation and stated that there has been a “significant increase” in the performance of goods getting through ports and onto shelves, but “there’s very strong demand.” And
On Wednesday’s “CNN Newsroom,” White House Council of Economic Advisers member Jared Bernstein said that he doesn’t think the Biden administration got the duration of inflation wrong because the rate of inflation was lower in December than it was in
During an interview aired on Friday’s “PBS NewsHour,” White House Council of Economic Advisers member Jared Bernstein stated that the Build Back Better reconciliation bill “does nothing to the current inflation, to the things that we’re talking about now, these
On Tuesday’s broadcast of CNN’s “New Day,” White House Council of Economic Advisers member Jared Bernstein stated that “the supply of oil isn’t enough to meet the demand that’s a result of this really quite strong American economic recovery.” And
A Biden administration Member of the Council of Economic Advisers admits that the United States could experience higher-than-normal inflation well into the next year.
On Monday’s “MSNBC Live,” White House Council of Economic Advisers member Jared Bernstein reacted to the Congressional Budget Office study showing that a $15 minimum wage would cost over 1 million jobs by saying that raising the minimum wage increases wages,
“With respect to Larry and his piece, it’s just flat out wrong that our team is ‘dismissive’ of inflationary risks,” Bernstein protested.
On Monday’s broadcast of MSNBC’s “Rachel Maddow Show,” White House Council of Economic Advisers member Jared Bernstein stated that there is a “whole cohort of kids” whose lifetime earnings will be reduced if they miss a year of school and
Jared Bernstein, a former Obama administration official who served as the Chief Economic Adviser to former Vice President Joe Biden (D), offered a harsh criticism of Sen. Elizabeth Warren’s (D-MA) Medicare for All plan on Monday, likening the debate over her plan to the promise of buying a “unicorn” with a “unicorn.”