Jared Bernstein Quotes
This report shows a race between factors boosting net worth such as home ownership and factors pushing the other way such as weak wage growth. Unless we start to see better income growth from jobs and wages, it is hard to see major gains in net worth for the typical family. 
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Report | Shows | Race | Factors | Boosting |
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Our expectations have been pretty diminished. A good month used to be 300,000 more jobs and now it is 200,000.
- Jared Bernstein
Of course there are jobs that few Americans will take because the wages and working conditions have been so degraded by employers. But there is nothing about landscaping, food processing, meat cutting or construction that would preclude someone from doing these jobs on the basis of their nativity. Nothing would keep anyone, immigrant or native born, from doing them if they paid better, if they had health care.
- Jared Bernstein