Jared Bernstein

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Jared Bernstein

Template:TOCnestleft Jared Bernstein , in December 2008 joined the incoming Obama Administration as Chief Economist and Economic Policy Adviser to Vice President Joe Biden.

He was recommended to Biden by Obama advisor Austan Goolsbee.[1]

He is described as one of the few left-leaning scholars on the Obama administration's economic team and he will, moreover, have the ear of Vice President Biden. He will also, likely push his agenda of worker rights and income inequality.[2]

Bernstein also doesn't believe a large deficit is a bad thing.[3]

Bernstein has been an economist at the Economic Policy Institute since 1992 and is a renowned author of several books and academic treatises on the economy and the middle class. From 1995-1996, he served as Deputy Chief Economist for the Department of Labor under Labor Secretary Robert Reich. Bernstein is on the Congressional Budget Office's advisory committee and has been a contributor to the financial news station CNBC. He has also taught at Howard University, Columbia University and New York University. He holds a Bachelors Degree in Fine Arts from the Manhattan School of Music; a Masters Degree in Social Work from the Hunter School of Social Work; a Masters Degree in Philosophy and Ph.D. in Social Welfare from Columbia University.[4]


Ph.D. Social Welfare, Columbia University.[5]

Masters Degree Philosophy, Columbia university.

Masters Degree Social Work, Hunter School of Social Work.

Economic Policy Institute

Jared Bernstein joined[6]the Economic Policy Institute in 1992.


Bernstein's latest book is "Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries)," which follows "All Together Now: Common Sense for a Fair Economy." His areas of research include income inequality and mobility, trends in employment and earnings, low-wage labor markets and poverty, international comparisons, and the analysis of federal and state economic policies.

He is also known to be a critic of free trade agreements such as the North American Free Trade Agreement (NAFTA).[7]

Bernstein is described as being loudly pro-union.[8]

He is the co-author of eight editions of the book "The State of Working America" and has published extensively in popular and academic venues, including The New York Times, The Washington Post, The American Prospect, and the Center for Research in Economics and Statistics. He is a contributor to the financial news station CNBC.

Bernstein has also written diaries on the Daily Kos.[9]


Bernstein has taught at Howard University, New York University and Colombia University.

He was hired, in 1992, by the left-leaning Washinton think tank, Economic Policy Institute (EPI); this being a think tank which has links to organized labor and focuses on matters pertaining to low and middle income workers.[10]

The EPI has been associated with the most progressive part of the Democratic Party when it comes to economic matters - and that is viewed as being to the left of the Brookings Institute.[11]

Bernstein served as Deputy Chief Economist in the Department of Labor from 1995-1996.

During the Clinton years, when in the Department of Labor, he worked for Robert Reich.[12]

He then returned to the EPI where he was made Director of the Living Standards Program and senior economist after selection by Biden.

Bernstein is on the advisory Committee of the Congressional Budget Office.

He is also employed as a contributor to CNBC - the financial news network.

His position on the Vice Presidential staff, is a new one.

Journalists noted, upon his appointment, that he holds more liberal views than any of Obama's economic advisors.[13]

Bernstein has also been appointed to the position of Executive Director of the Middle Class Working Families Task Force and is responsible for direct management of this project.

The noted "progressive" columnist and Nobel laureate in economics - Paul Krugman - was to argue, in November 2008, that the new Economic Recovery Advisory Board could be used to "give progressive economists a voice", given that the nature of Obama's economic inner circle was "centrist". Krugman then named Bernstein and Lawrence Mishel - fellow EPI economist and EPI president - among other "progressive" economists, who could be suitable for the board.[14]

This suggestion was prompted by the Biden appointment.

Obama campaign

In 2008 Bernstein was an economic adviser[15] to the Obama campaign.


Bernstein was an identified member of JournoList - an email group of approximately 400 "progressive" and socialist journalists, academics and "new media" activists.

JournoList members reportedly coordinated their messages in favor of Barack Obama and the Democrats, and against Sarah Palin and the Republican Party. JournoList was founded in 2007 and was closed down in early 2010.[16]

PES visit

From 21-25 June 2010, a high level Party of European Socialists delegation headed by Poul Nyrup Rasmussen travelled to Canada for the International Trade Union Confederation Congress in Vancouver and the G20 summit. The delegation presented the PES “A Progressive way out of the Crisis” strategy, which aims to impose strict financial regulation and fostered support for a global financial transactions tax (FTT) of 0.05%.

In Vancouver, Mr. Rasmussen met with Dominique Strauss-Kahn, Director General of the IMF, Pascal Lamy Director General of the WTO, Helen Clark of the UNDP and Richard Trumka, President of the AFL-CIO. He also met with NDP Member of Parliament Peter Julian, to discuss the FTT and with the President of the Canadian Labour Congress Ken Georgetti.

During the four day visit to North America, PES President Poul Nyrup Rasmussen also gave a speech to the Socialist International Council in New York on 21 June 2010 and met with members of the US Congress in Washington.

Mr. Rasmussen held comprehensive and very promising meetings for future cooperation, with US Congressman Peter DeFazio and with Jared Bernstein, Chief Economist of US Vice President Joe Biden. [17]

America's Future Now!

Jared Bernstein was one of the 148 speakers who spoke at the 2010 America's Future Now Conference.[18]



  1. From NBC's Mark Murray and Domenico Montanaro, December 5, 2008 (accessed October 1, 2010)
  2. [1]Who runs GOV (accessed October 1, 2010)
  3. [2]Who runs GOV (accessed October 1, 2010)
  4. Office of president elect, Vice President-elect Biden announces Chief Economist and Economic Policy Advisor
  5. http://www.epi.org/pages/economist/#rothstein
  6. http://www.politico.com/arena/bio/jared_bernstein.html
  7. Washington Post, 44 Politics and Policy in Obama's Washington(accessed September 29, 2010)
  8. [3]Who runs GOV (accessed October 1, 2010)
  9. Daily Kos, Jared Bernstein named as Biden economic advisor, by Susan Gardner, December 5, 2008 (accessed October 1, 2010)
  10. [4]The Washinton Post, 44 Politics and Policy In Obama's Washington (accessed September 29, 2010)
  11. From NBC's Mark Murray and Domenico Montanaro, December 5, 2008 (accessed October 1, 2010)
  12. From NBC's Mark Murray and Domenico Montanaro, December 5, 2008 (accessed October 1, 2010)
  13. [5]The Washington Post, 44, Politics and Policy In Obama's Washington,(accessed October 1, 2010)
  14. The New York Times, The Opinion Pages, The Concience of a Liberal, Paul Krugman, November 26, 2008 (accessed October 1, 2010)
  15. http://www.politico.com/arena/bio/jared_bernstein.html
  16. Free Republic: JournoList: 151 Names Confirmed (with News Organizations), July 30, 2010 (accessed August 2, 2010)
  17. PES Delegation attends ITUC World Congress in Vancouver
  18. Our Future website: Take Back America 2010 Speakers (accessed on July 12, 2010)