Jared Bernstein Quotes

#1. Did folks know that the tax to fund the program [Social Security] only hits salaries up to $110,000? That means that if you make a million bucks, about 90% of your salary is tax free when it comes to the payroll tax that funds Soc Sec. That ain't right.

Jared Bernstein

#2. We are in the midst of a protracted wage slump, ... a troubling trend that is largely going unnoticed by policymakers.

Jared Bernstein

#3. The bottom line is that it's better to run a workforce on security than insecurity.

Jared Bernstein

#4. Where you see immigration competition play out most clearly is among high school dropouts. I'd say there's clearly immigrant competition among the least-skilled workers, but natives are a shrinking share while immigrants are a growing share.

Jared Bernstein

#5. It's a mistake to think that any increase in wages is inflationary and there is substantial room for non-inflationary wage growth, particularly at the bottom end of the scale.

Jared Bernstein

#6. The government should be actively enforcing the high road.

Jared Bernstein

#7. The full employment situation reinforces itself.

Jared Bernstein

#8. With stagnant hourly wages, the only way for working families to get ahead is by working more hours, ... certainly not the path to improving living standards that we'd expect in an economy posting strong productivity gains.

Jared Bernstein