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Jared Bernstein

Jared Bernstein is a fellow at the Center for Budget and Policy Priorities and a former Obama administration economic adviser.

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Generational Pain

The Freefall Economy Will Scar These Americans Worst

We haven’t seen jobs numbers like these since FDR. And no matter what happens with COVID-19, this collapse will haunt an entire generation.

Jared Bernstein

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Best-Case Scenario?

We’ll Be Lucky If Unemployment Stops at 20 Percent

Get ready for factories testing workers for fevers as they show up, restaurants with tables far apart, colleges with rolling groups of students, and more.

Jared Bernstein

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Unprecedented

What These Insane Unemployment Stats Actually Mean

Even if people get back to work in, say, two to three months, the jobless rate could peak between 15 and 20 percent.

Jared Bernstein

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Jobless Record

Want to Save the Economy? Listen to Fauci, Not Trump.

Weeks with millions of layoffs will become the long-term norm if we end this lockdown early.

Jared Bernstein

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Bank Shot

Fed’s Moves Are Good. But Not Enough to Save the Economy.

The central bank says it will do whatever it takes to keep credit flowing. But the government needs to lend directly to businesses and provide cash to workers, fast.

Jared Bernstein

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END OF HISTORY

How to Get Our Economy Out of the Coronavirus Deep Freeze

What remains to be seen is how committed political elites are to getting help to people who really need it.

Jared Bernstein

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DECISIVE ACTION

The Pandemic Economy Is Here. Here’s What Should Happen Next

We are up against one of the most potentially economically threatening events in our lifetimes, and it’s time for a robust, get-out-in-front initial response.

Jared Bernstein

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BAD DEALS

Trump’s Trade Bloviation Is Becoming Policy—That’s Scary

I’ve never turned a blind eye to the downsides of global trade. But this is NOT the way to make policy.

Jared Bernstein

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Y THOUGH?

The GOP Latest Big Proposal Is a Disastrous Economic Brew

A balanced-budget amendment may be a convenient messaging tool. But it’s also terrible policy and a major fiscal threat.

Jared Bernstein

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