Explaining the unique characteristics of this unbalanced recovery is more like 'Murder on the Orient Express' than finding a smoking gun in somebody's hands. There are a lot of suspects.
More Quotes from Jared Bernstein:
American companies really haven't been sinking much of their gains back into domestic investment.Jared Bernstein
The private sector's just not generating enough jobs here, and I would love to see some of the policy-makers in Washington wake up and take notice.
Jared Bernstein
A fundamental principle of our economic system is that the benefits of economic growth will flow to those responsible for their creation. When how fast your income grows depends on your position in the income scale, this principle is violated. In that sense, today's unprecedented gap between the growth of the typical family's income and productivity is our most pressing economic problem.
Jared Bernstein
More people are coming in to the labor force, and we're not creating enough jobs to put much downward pressure on the unemployment rate. But this is better news than expected.
Jared Bernstein
This is a tremendously detailed, comprehensive look at the American family's balance sheet and it ain't pretty.
Jared Bernstein
The government should be actively enforcing the high road.
Jared Bernstein
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