Jared Bernstein

{{Short description|American government official (born 1955)}}

{{Use mdy dates|date=November 2020}}

{{Infobox officeholder

| name = Jared Bernstein

| image = Jared Bernstein, CEA Member.jpg

| caption = Official portrait, 2021

| office = 31st Chair of the Council of Economic Advisers

| president = Joe Biden

| term_start = July 10, 2023

| term_end = January 20, 2025

| predecessor = Cecilia Rouse

| successor = Stephen Miran

| office1 = Member of the Council of Economic Advisers

| president1 = Joe Biden

| term_start1 = January 20, 2021

| term_end1 = July 10, 2023

| predecessor1 = Tomas J. Philipson

| successor1 = Kirabo Jackson

| birth_date = {{birth date and age|1955|12|26}}

| birth_place = New Haven, Connecticut, United States

| death_date =

| death_place =

| party = Democratic

| education = Manhattan School of Music (BM)
Hunter College (MSW)
Columbia University (DSW)

}}

Jared Bernstein (born December 26, 1955){{cite web |url=https://www.politico.com/story/2017/12/26/playbook-birthday-jared-bernstein-319105 |title=Birthday of the Day: Jared Bernstein, senior fellow at the Center on Budget and Policy Priorities and a Biden alum |date=2017-12-26 |work=Politico |last=Lippman |first=Daniel |quote=Since my birthday is the day after Christmas ...|access-date=2024-01-18}}{{cite news |url=https://www.washingtonpost.com/business/economy/how-to-survive-in-volatile-markets-go-live-your-life/2019/08/09/c96ae29e-b9ff-11e9-b3b4-2bb69e8c4e39_story.html |title=How to survive in volatile markets: Go live your life |last=Heath |first=Thomas |date=2019-08-09|quote=Bernstein, 63... |newspaper=The Washington Post |access-date=2024-01-18}} is an American government official who was the chair of the United States Council of Economic Advisers. He is a senior fellow at the Center on Budget and Policy Priorities.{{cite web|url=https://www.cbpp.org/jared-bernstein |title=Center on Budget and Policy Priorities, Jared Bernstein |publisher=Cbpp.org |access-date=January 7, 2017}} From 2009 to 2011, Bernstein was the chief economist and economic adviser to Vice President Joe Biden in the Obama administration.{{cite web |url=http://change.gov/newsroom/entry/vice_president_elect_biden_announces_chief_economist/ |title=Vice President-elect Biden announces Chief Economist and Economic Policy Advisor |publisher=Change.gov |access-date=June 23, 2012 |archive-url=https://web.archive.org/web/20120509183725/http://change.gov/newsroom/entry/vice_president_elect_biden_announces_chief_economist/ |archive-date=May 9, 2012 |url-status=dead }} In 2008, Michael D. Shear described Bernstein as a progressive and "a strong advocate for workers".

In February 2023, President Joe Biden nominated Bernstein to serve as Chair of the Council of Economic Advisers. He was confirmed to be chair on June 13, 2023.{{cite web |title=On the Nomination (Confirmation: Jared Bernstein, of Virginia, to be Chairman of the Council of Economic Advisors) |url=https://www.senate.gov/legislative/LIS/roll_call_votes/vote1181/vote_118_1_00158.htm |website=United States Senate |date=June 13, 2023}} He was ceremonially sworn in by Vice President Kamala Harris on July 10, 2023.{{cite web |title=Vice President Harris Swearing-in Ceremony for Council of Economic Advisers Chair |url=https://www.c-span.org/video/?529205-1/vice-president-harris-swearing-ceremony-council-economic-advisers-chair |website=CSPAN |date=July 10, 2023}}

Early life and education

Bernstein grew up in a musical family wanting to be a musician, starting a band with friends.{{Cite web |date=2018-05-18 |title=Alumni Spotlight: Q&A with White House economist Jared Bernstein (BM '78) |url=https://www.msmnyc.edu/news/alumni-spotlight-jared-bernstein/ |access-date=2023-11-28 |website=Manhattan School of Music |language=en}} Bernstein graduated with a bachelor's degree in music from the Manhattan School of Music where his first double bass teacher was Orin O'Brien. Throughout the '80s, Bernstein was a mainstay on the jazz scene in New York City.{{Citation needed|reason=Is there a source that he was a mainstay on the jazz scene in NYC|date=May 2024}} He is of Jewish descent.{{Cite news |last=Friedman |first=Gabe |date=November 30, 2020 |title=Jared Bernstein is 'verklempt' to join Biden's council of economic advisers |url=https://www.jta.org/quick-reads/jared-bernstein-is-verklempt-to-join-bidens-council-of-economic-advisers |newspaper=Jewish Telegraph Agency |via= |authorlink=}}

He also earned a Master of Social Work from Hunter College as well as a Doctor of Social Work in social welfare from Columbia University's school of social work in 1994. At Columbia, his dissertation advisor was Irwin Garfinkel.{{cite thesis |last1=Bernstein |first1=Jared |date=1994 |title=The determinants of the AFDC caseload: A time-series, cross-sectional approach |page=5 |oclc=46942873 |url=https://www.proquest.com/openview/2dbee22177e2491f701a81ff46559150/1 }}{{Cite book |last=Foer |first=Franklin |url=https://books.google.com/books?id=BI26EAAAQBAJ |title=The Last Politician: Inside Joe Biden's White House and the Struggle for America's Future |date=2023-09-05 |publisher=Penguin |isbn=978-1-101-98114-6 |language=en}}

Career

File:P20220401HF-0044 (52063714727).jpg of the White House on April 1, 2022]]

Bernstein has taught at Howard University, Columbia University, and New York University.

Bernstein "is an expert in the areas of federal, state, and international economic policies, specifically the middle-class squeeze, income inequality and mobility, trends in employment and earnings, low-wage labor markets, poverty, and international comparisons."{{cite web |url=https://obamawhitehouse.archives.gov/blog/author/jared-bernstein |title=Jared Bernstein |date=January 10, 2011 |publisher=obamawhitehouse.archives.gov |access-date=2025-02-20}}

He is known as a critic of free trade agreements such as the North American Free Trade Agreement (NAFTA).[https://web.archive.org/web/20090709052207/http://voices.washingtonpost.com/the-trail/2008/12/05/biden_picks_jared_berstein_as.html Biden Picks Jared Bernstein as Economic Adviser] Shear, Michael D. Washington Post. December 5, 2008. Accessed December 6, 2008.

In 1992, Bernstein started working as a senior official at the Economic Policy Institute (EPI), a liberal think tank with a focus on issues affecting low- and middle-income working people. From 1995 to 1996, he served in the United States Department of Labor as deputy chief economist. He then returned to the EPI, as senior economist and director of the Living Standards Program, until he was selected by Biden. His designated job on the vice presidential staff is a new position, created because of "the critical nature of the economic challenges facing America."{{cite web |url=http://change.gov/newsroom/entry/vice_president_elect_biden_announces_chief_economist/ |title=Vice President-elect Biden announces Chief Economist and Economic Policy Advisor | Change.gov: The Obama-Biden Transition Team |publisher=Change.gov |access-date=June 23, 2012 |archive-url=https://web.archive.org/web/20120509183725/http://change.gov/newsroom/entry/vice_president_elect_biden_announces_chief_economist/ |archive-date=May 9, 2012 |url-status=dead }} Upon his appointment, some journalists claimed that it "contrasts sharply with the more centrist views of many of president-elect Barack Obama's economic advisers."

Bernstein sits on the Congressional Budget Office's advisory committee. He is a contributor at the financial news network CNBC. He also was appointed executive director of the Middle Class Working Families Task Force and is responsible for direct management of the project.

Paul Krugman, a Nobel laureate in economics and a noted progressive columnist, argued in November 2008 that the centrist makeup of President Barack Obama's economic inner circle, the new Economic Recovery Advisory Board, could be used to "give progressive economists a voice," and he mentioned Bernstein and fellow EPI economist president Lawrence Mishel among others as progressive economists who might be suitable for the board.{{cite news |last=Krugman |first=Paul |author-link=Paul Krugman |title=About that advisory board |work=The Conscience of a Liberal |format=Blog |publisher=The New York Times |date =November 26, 2008 |url=https://krugman.blogs.nytimes.com/2008/11/26/about-that-advisory-board/ |access-date=February 20, 2009}}

=Biden administration=

On September 5, 2020, Bernstein became a member of the advisory council of the Biden-Harris Transition Team, which was planning the presidential transition of Joe Biden.{{cite web |title=Cindy McCain Joins Biden-Harris Transition Team's Advisory Board |url=https://buildbackbetter.com/press-releases/cindy-mccain-joins-biden-harris-transition-teams-advisory-board/ |website=President-Elect Joe Biden |access-date=November 9, 2020 |date=September 28, 2020 |archive-date=November 15, 2020 |archive-url=https://web.archive.org/web/20201115172252/https://buildbackbetter.com/press-releases/cindy-mccain-joins-biden-harris-transition-teams-advisory-board/ |url-status=dead }}{{cite web |title=Biden Transition Organization - Staff, Advisors |url=https://www.democracyinaction.us/2020/chrntran/bidentransition.html |website=www.democracyinaction.us |access-date=November 9, 2020 |date=November 9, 2017}} Subsequently, President Joe Biden selected Bernstein to serve on the Council of Economic Advisers in January 2021.

In February 2023, Bernstein was nominated as Chair of the Council of Economic Advisers by President Biden, replacing Cecilia Rouse.{{cite web|url=https://www.cbsnews.com/news/biden-economic-advisers-lael-brainard-jared-bernstein/|title=Biden announces reshaped economic team, naming 2 new top advisers|date=February 14, 2023 |publisher=CBS News|accessdate=February 14, 2023}}{{cite web|url=https://www.axios.com/2023/02/14/brainard-bernstein-biden-economic-team|title=Biden appoints Lael Brainard, Jared Bernstein to key economic jobs|date=February 14, 2023 |publisher=Axios|accessdate=February 14, 2023}}

On May 11, 2023, the United States Senate Committee on Banking, Housing, and Urban Affairs advanced Bernstein's nomination by a 12–11 vote.{{Cite press release|date=June 11, 2023|title=Brown Advances CEA, HUD, and Treasury Nominees|url=https://www.banking.senate.gov/newsroom/majority/brown-advances-cea-hud-treasury-nominees|website=banking.senate.gov|access-date=June 13, 2023}} On June 13, 2023, the United States Senate invoked cloture on Bernstein's nomination by a 50–49 vote.{{cite web|title=On the Cloture Motion (Motion to Invoke Cloture: Jared Bernstein to be Chairman of the Council of Economic Advisers)|url=https://www.senate.gov/legislative/LIS/roll_call_votes/vote1181/vote_118_1_00156.htm|website=United States Senate|date=June 13, 2023}} He was confirmed later that day by a 50–49 vote.

Publications

Bernstein's books include All Together Now: Common Sense for a Fair Economy and Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries).{{cite web |url=http://www.bkconnection.com/authorbiobooks.asp?Type=AUTH&SEL=JAREDBERNSTEIN |title=Bernstein Biography on the Berrett-Koehler Publishers Website |publisher=Bkconnection.com |access-date=June 23, 2012 |archive-date=February 14, 2012 |archive-url=https://web.archive.org/web/20120214150754/http://www.bkconnection.com/authorbiobooks.asp?Type=AUTH&SEL=JAREDBERNSTEIN |url-status=dead }} He coauthored the last nine editions of The State of Working America, an ongoing analysis published since 1988 by the Economic Policy Institute,[http://www.stateofworkingamerica.org/ "The State of Working America"] {{Webarchive|url=https://web.archive.org/web/20131208061815/http://stateofworkingamerica.org/ |date=December 8, 2013 }} at the EPI as well as coauthoring The Benefits of Full Employment: When Markets Work for People,{{cite web |url=http://www.epi.org/publication/books_full_employment/ |title=The benefits of full employment |author= |website=epi.org |publisher=Economic Policy Institute |access-date=August 8, 2016 |quote=April 2003 EPI Book}} where he states that "[l]ow unemployment by itself cannot address

all the inequities in society," and advocates that "[o]ther forms of intervention are still

needed to assist disadvantaged populations."[http://s4.epi.org/files/page/-/old/books/full_employment-intro.pdf Introduction]{{Dead link|date=October 2023 |bot=InternetArchiveBot |fix-attempted=yes }} to The benefits of full employment

He is a regular columnist for The American Prospect online, a contributor to the CNBC financial news television network,[https://web.archive.org/web/20091023125841/http://www.cnbc.com/id/24728609/ Jared Bernstein's Profile, Biography, About] at CNBC and an op-ed writer in the New York Times and the Washington Post. He has also written Diary entries on the Daily Kos website.{{cite web|last=Gardner |first=Susan |url=http://www.dailykos.com/storyonly/2008/12/5/13118/8247 |title=Jared Bernstein named as Biden economic advisor |publisher=Daily Kos |date=December 5, 2008 |access-date=June 23, 2012}}

References

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