The inflation bar is very high right now, ... doesn't get you over.
More Quotes from Jared Bernstein:
Home appreciation was offset by lousy wage growth and debt accumulation.Jared Bernstein
If you're a native high school dropout in this economy, you've got a slew of problems of which immigrant competition is but one, and a lesser one at that.
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
In a strong economy, hours and output can both grow, so long as output grows at a faster rate, thus resulting in productivity growth. But... productivity can also grow in a slowdown or recession, when a decline in hours outpaces weak or nonexistent output growth.
Jared Bernstein
Of course there are jobs that few Americans will take because the wages and working conditions have been so degraded by employers. But there is nothing about landscaping, food processing, meat cutting or construction that would preclude someone from doing these jobs on the basis of their nativity. Nothing would keep anyone, immigrant or native born, from doing them if they paid better, if they had health care.
Jared Bernstein
I'm definitely ready to believe that the rate of job loss has slowed and that soon we will be adding jobs. The question is, will we be adding enough to keep unemployment from rising
Jared Bernstein
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