WHEN GOOD THINGS HAPPEN TO GOOD ECONOMISTS…. A welcome press release arrived in my inbox:
Given the critical nature of the economic challenges facing America, Vice President-elect Joe Biden announced today the creation of a new position in the Office of the Vice President: Chief Economist and Economic Policy Advisor to the Vice President. The Vice President-elect has selected nationally-prominent economist Jared Bernstein for the post.
“Jared Bernstein is an acclaimed economist, and a proven, passionate advocate for raising the incomes of middle class families. His expertise and background in a wide range of domestic and international economic policies will be an invaluable asset to the Obama-Biden Administration,” said Vice President-elect Joe Biden. “It’s an honor to have him on my team and I look forward to his advice and counsel.”
Bernstein is known for being an accomplished scholar, author, and economist at the Economic Policy Institute, but let’s also not forget that Bernstein has been a great blogger, contributing to TPM Cafe, the Huffington Post, and back in the day, MaxSpeak.
Regarding the variables that matter most to working families, the neocon experiment was a particularly dramatic failure…. The defenders of the status quo will howl in protest: the Democrats blocked us, the terrorist attacks and the war changed everything, we must stay the course to victory! But such rhetoric should be dismissed as what it is: the last, desperate gasps of a dying movement.
They’ve had their turn and they’ve failed. It is our turn now.