This is the first business cycle on record where the median family income failed to recover its previous peakAmerican Dream seems to be shrinking Jun 09, 2008
McCain is counting on people having very short memories and not connecting some pretty obvious dots hereDems point to economy, McCain advisers Apr 02, 2008
The disconnect between (economic) growth and living standards is something that's very much in the public debateGM-UAW deal reflects broad worker issues Oct 03, 2007
We've had stellar productivity growth over this recovery, but the economists' mantra -- such growth automatically translates into improved living standards -- no longer holdsHigher productivity may not increase pay Sep 03, 2006
We're just not seeing the improvement in living standards you'd expecU.S. inflation hit 3.4 percent in 2005 Jan 19, 2006
Jared Bernstein is an American economist currently serving as Chief Economist and Economic Policy Adviser to Vice President Joseph Biden in the Obama Administration. Bernstein is considered to represent a progressive, pro-labor perspective.
Bernstein graduated from the Manhattan School of Music with Bachelors Degree in Fine Arts where he studied double bass with Orin O'Brien. He earned a Masters Degree in Social Work from the Hunter School of Social Work, and from Columbia University he received a Masters Degree in Philosophy and Ph.D. in Social Welfare.
Bernstein's areas of interest include "federal, state and international economic policies, specifically the middle-class squeeze, income inequality and mobility, trends in employment and earnings, low-wage labor markets, poverty, and international comparisons." He is known as a critic of free trade agreements such as the North American Free Trade Agreement (NAFTA). He has taught at Howard University, Columbia University and New York University. In 1992, he was hired at the Economic Policy Institute (EPI), a think tank with ties to organized labor and a focus on issues affecting low- and middle-income workers. From 1995-1996, he served in the Department of Labor as Deputy Chief Economist. He then returned to the EPI, where he was senior economist and director of the Living Standards Program when selected by Biden.