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Biden’s chief economic adviser leaving administration
Washington Post ^ | April 22, 2011 | By Zachary A. Goldfarb

Posted on 04/23/2011 4:02:51 AM PDT by Oldeconomybuyer

Jared Bernstein, chief economic adviser to Vice President Biden and a White House advocate for more spending to create jobs, is leaving at the end of April to join a prominent Washington think tank.

Bernstein is close to labor unions and has been skeptical of free trade arguing that more government spending to boost the economy was critical.

Bernstein is not an economist by training; He studied music, social work and other fields and got his doctorate from Columbia in social welfare.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: failure; obamanomics; porkulus; socialism
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Economics?

1 posted on 04/23/2011 4:02:56 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Epic Fail...


2 posted on 04/23/2011 4:06:46 AM PDT by mort56
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To: Oldeconomybuyer
Bernstein is not an economist by training; He studied music, social work and other fields and got his doctorate from Columbia in social welfare

There must be a shortage of economic advisers trained in.... ECONOMICS!

3 posted on 04/23/2011 4:08:31 AM PDT by OCC
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To: Oldeconomybuyer

To be replaced by a guy with a sharp stick,whose job will be to keep Biden awake in public.


4 posted on 04/23/2011 4:08:31 AM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: mort56

Why? we were doing great, now what?


5 posted on 04/23/2011 4:08:48 AM PDT by ronnie raygun (V)
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To: Oldeconomybuyer

They offer PhD’s in social welfare?


6 posted on 04/23/2011 4:10:30 AM PDT by Orbiting_Rosie's_Head (argh)
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To: Oldeconomybuyer

“With the recession over, Obama has been turning his attention to reining in the debt.”

The entire article reflects a bizarre world view. There’s an “economic” think tank where they study policy to spend money to help the middle class and the poor. There are sentences like; “In the first two years of President Obama’s tenure, the White House was focused on arresting the recession. As a result, it looked largely to programs that would stimulate the economy through government spending.”

The entire piece is propaganda.


7 posted on 04/23/2011 4:25:46 AM PDT by Gen.Blather
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To: Oldeconomybuyer

Ummmm...

And exactly why would the “bucket of warm spit” *need* an
‘economic advisor’????


8 posted on 04/23/2011 4:31:38 AM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: Oldeconomybuyer
"Bernstein is not an economist by training; He studied music, social work and other fields and got his doctorate from Columbia in social welfare."

Isn't getting in waaaaaay over one's head the universal theme of Obama's administration?

9 posted on 04/23/2011 4:39:13 AM PDT by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Oldeconomybuyer
The guy deserves combat pay. Imagine day after day trying to explain things like simple economics to a dunce like Biden?
10 posted on 04/23/2011 4:39:59 AM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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To: Oldeconomybuyer
Why does Biden even need an economic advisor? Not sure if Cheney had one but theres another example of a bloated governmnet position. Couldnt the VP share the President's economic advisor?

And - this is secondary to the fact that Biden is an idiot and probably never spoke to this guy.

11 posted on 04/23/2011 4:40:24 AM PDT by capydick (''Life's tough.......it's even tougher if you're stupid.'')
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To: Orbiting_Rosie's_Head

“They offer PhD’s in social welfare?”

I think the fact that they do offer them has caused the government to create a market for them. There’s no conceivable use for somebody trained in “social welfare” outside the government.

In Florida, before 1970, if you were arrested a deputy would sit with you while you made phone calls and got somebody to take your kids. Somehow, it always worked. Then we got an agency staffed with social welfare degrees (from the hippie crop then graduating) and overseeing the kids from arrested folks became their issue. We ended up with a nightmare where state social workers “oversee” 45,000 children per year from arrested people.

The social workers place the children with volunteer homes many of whom, it turns out, are child molesters. The kids are mostly warehoused several per room in private homes and trailers to the tune of roughly $2500 per month per kid per “care giver.”

Here’s the kicker. The state’s population has exploded, but the number of kids remains constant. I’m guessing that’s due to the tracking limitations. The agency has lost numerous children who were later found to be murdered.

I think we need to re-think what degrees colleges offer. The social welfare degree is for communist states.


12 posted on 04/23/2011 4:41:10 AM PDT by Gen.Blather
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To: ronnie raygun
Why? we were doing great, now what?

Great! Now I have coffee all over the keyboard and screen. (Thanks for the first laugh of the day, though.)

13 posted on 04/23/2011 4:57:41 AM PDT by PalmettoMason (It's easy being a menace to society when WAY OVER half the population is happy being sheep.)
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To: Oldeconomybuyer

Why are we paying for the Vice President to have his own econimics advisor? In fact, other than a couple of speech writers, a social secretary, and someone to arrange his travel I don’t see why the VP needs any of his own staff at all. He can just use the staff already employed in EOP.


14 posted on 04/23/2011 5:20:18 AM PDT by AndyJackson
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To: Oldeconomybuyer

” Bernstein is not an economist by training; He studied music, social work and other fields and got his doctorate from Columbia in social welfare. “

This evening’s cello concerto will be performed by a stockbroker who thinks he knows how it should sound.

This is macroeconomic karaoke.

And, by the way, it sucks.


15 posted on 04/23/2011 5:39:28 AM PDT by Humble Servant
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To: mort56
Leaving a sinking ship! A think tank is just where the progressive Mr. Bernstein belongs. Or maybe held in one of Biden's closets at the Naval Observatory's underground bunker with all the other smart elites that haven't a clue, but keep on planning economic policy.

Economy11

------------------------------

Hope and Change.... Tragic.

Countdown until Obama leaves Office: 637 days as of April 23, 2011.

16 posted on 04/23/2011 5:41:54 AM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: Oldeconomybuyer

Biden has had an economic advisor all this time?!!!
Who would have ever thought?

What did he advise on.....how to save on Amtrak passes?


17 posted on 04/23/2011 5:49:10 AM PDT by rod1
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To: Oldeconomybuyer

the Amish influence is apparently waning


18 posted on 04/23/2011 5:50:00 AM PDT by bert (K.E. N.P. N.C. D.E. +12 ....( History is a process, not an event ))
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To: Oldeconomybuyer

He was a CNBC hack before being picked up by Biden. Think of Steve Liesman’s leftist views, but on steroids. He doesn’t just drink Kool Aid, he manufactures it, and should get the Order of Lenin for what he’s done to Amerika.


19 posted on 04/23/2011 6:18:36 AM PDT by SanFranDan
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To: capydick
Why does Biden even need an economic advisor?

To tell him where the sales are or cheap gasoline.

20 posted on 04/23/2011 7:00:08 AM PDT by Leo Carpathian (fffffFRrrreeeeepppeeee-ssed!)
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