Why are so many people so down on Biden’s economy?
My answer, and a proposal for what Biden must do
Friends,
A few days ago, I had a long talk with my old friend Jared Bernstein, who chairs Biden’s Council of Economic Advisers. Jared worked for me 30 years ago at the Labor Department, and, as I reminded him, his career has been on a downward trajectory ever since.
The Council of Economic Advisers is now preparing its annual Economic Report of the Presid…


