He talks about lending a helping hand to the poor and disadvantaged. But these policies push the other way, toward lower wages and less racial inclusion.
More Quotes from Jared Bernstein:
Yet this peppering of data notwithstanding, economists are not too sanguine about the immediate prospects for income growth on the bottom rungs of the wage scale. The job market is slowly tightening, ... We are wringing out the slack. But we're only six months into a process that could take a year and a half.Jared Bernstein
Folks at the top of the income scale definitely notice when they're paying 3.50 a gallon for gasoline. But for them, that doesn't necessarily mean they are going to have to cut back elsewhere, ... Younger families have lower incomes.
Jared Bernstein
It's too soon to call this a 'jobless' recovery, ... but another quarter or two of these types of reports, and that probably will be a relevant title.
Jared Bernstein
Home appreciation was offset by lousy wage growth and debt accumulation.
Jared Bernstein
This report shows a race between factors boosting net worth such as home ownership and factors pushing the other way such as weak wage growth. Unless we start to see better income growth from jobs and wages, it is hard to see major gains in net worth for the typical family.
Jared Bernstein
However, a far larger gap exists when we compare net worth minorities' net worth was about 27 percent of whites, about half the size of the income ratio.
Jared Bernstein
Readers Who Like This Quotation Also Like:
In heaven we shall appear, not in armour, but in robes of glory. But here these are to be worn night and day; we must walk, work, and sleep in them, or else we are not true soldiers of Christ.William Gurnall
I mean you might say he had a travelling post office, but also Barney was very, very active. He was a legal officer for the NAACP and they had a lot of problems after Pease.
Betty Hill
I'm not an instinctive actor.
John Thaw