Yonhap Infomax NewsAug 11, 2025
Jared Bernstein, former White House economic adviser, warns that President Trump's tariff policies are fueling U.S. stagflation, with rising prices and slowing growth, but notes that reversing these policies could ease economic uncertainty.
#YonhapInfomax
#JaredBernstein #TrumpTariffs #Stagflation #FederalReserve #USGDP
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76496
Bernstein Warns 'Trump's 'Chaos' Comes at an Economic Cost'

Jared Bernstein, former White House economic adviser, warns that President Trump's tariff policies are fueling U.S. stagflation, with rising prices and slowing growth, but notes that reversing these policies could ease economic uncertainty.

Yonhap Infomax
tanya tussingJul 19, 2025

“ #Trump admin is raising #prices that are at the heart of the #affordability crisis". --#JaredBernstein

Post-trade war, tariffs are up $21 billion/month.

Or $736/year for every man, woman. & child living in the US.

At the moment, importers are eating a lot of this tax, but sometime this year, much of this will pass through to consumers. The rest will result in lower margin for businesses without #monopoly power.

https://econjared.substack.com/p/did-someone-neglect-to-tell-the-president?publication

#Tariffs #Inflation #PoliEcon

tanya tussingMay 13, 2025

“So now they’re trying to get us back to the #economy they inherited…

...by taking down the destructive measures that their invented reality required them to implement”

"As I said, it’s probably not too late to do so, though damage has been done."

-- #JaredBernstein

https://econjared.substack.com/p/with-sharp-reduction-in-china-tariffs

#TradeWar #China #jobs

With sharp reduction in China tariffs, Trump is trying to get back the economy he inherited.

He might pull it off, but why go there in the first place?

Jared’s Substack
Show threadStrypeyDec 13, 2024

"Jared Bernstein ... summarised the evidence against trickle-down economics in a presentation to the joint economic committee of Congress several years ago.

... if the trickle-down theory was correct, we would expect to see that, when tax rates go down, growth goes up and vice versa. But using data stretching from 1947 to 2015, Bernstein showed in no case was that true."

#EricBeinhocker, #NickHanauer, 2022

https://www.theguardian.com/politics/2022/sep/25/forget-trickle-down-what-the-uk-needs-is-middle-out-economics

(2/?)

#JaredBernstein #TrickleDown #corporatism

Forget trickle down, what the UK needs is middle-out economics

Liz Truss is banking on a failed policy. The focus should be on the real driving force behind economic growth

The Guardian
Show threadCory DoctorowJun 16, 2023

The progressive wing of the party bargained for these key appointments and then played their cards very well, getting incredible, hard-charging, hyper-competent fighters in those roles.

Likewise, #JaredBernstein, *finally* confirmed as #CouncilOfEconomicAdvisors chair after an interminable wrangle:

https://prospect.org/blogs-and-newsletters/tap/2023-06-16-team-biden/

10/

Team Biden

Today on TAP: It’s one of the most progressive ever.

The American Prospect
Poetry NewsFeb 14, 2023

Top advisors appointed
Lael and Jared the chosen two
Bringing prosperity

#biden #fed #nationaleconomiccouncil #laelbrainard #jaredbernstein #haiku #poetry

https://www.nytimes.com/2023/02/14/business/biden-lael-brainard-national-economic-council.html

Biden Picks Lael Brainard to Lead National Economic Council

Lael Brainard, the Fed’s vice chair, will become a top economic adviser along with Jared Bernstein, who will head the Council of Economic Advisers.

Show threadjackhutton 🇺🇸Feb 14, 2023
@washingtonpost The White House is also expected to name Jared Bernstein, who serves as a member of the White House Council of Economic Advisers and was Biden’s top economics aide during the Obama administration, as that group’s chair, according to two people familiar with that decision #jaredBernstein #whiteHouse