Jared Bernstein Quotes

These losses may reflect the fact that consumers facing higher energy prices and falling real [inflation-adjusted] wages are cutting back on discretionary spending.

- Jared Bernstein

Tags

Losses | Reflect | Fact | Consumers | Facing |

comments powered by Disqus

Random

We have welcomed past efforts by the Bureau to offer alternative poverty measures. Their most recent release, however, ignores critical innovations and omits essential costs like child care for working parents and thus represents a step backwards. - Jared Bernstein

Clearly, Katrina hasn't shown up in the jobless claims yet, but it will... Next month, we're going to be looking at one of the largest one month negative spikes in the history of this series, going back to the '30s. - Jared Bernstein

I don't see many firms that are that cash-constrained; they're customer-constrained. - Jared Bernstein