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Jared Bernstein

👤 Speaker
547 total appearances

Appearances Over Time

Podcast Appearances

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

Because affordability is such a huge issue right now.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

And I think it's been for a while.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

It's going to be going forward.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

And if you're working one day less, you're going to make less and life is going to be presumably even less affordable.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

So I think that that's a real challenge right now.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

Yeah.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

I think in two major ways.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

One we've actually talked about, which is health care.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

Of course, most working age people get their health care, not just for them, but for their family through their employer.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

So if we move to a situation where you're not as connected to one employer as

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

such that you have employer-sponsored insurance, we're going to need a system like Medicare for More.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

The Obamacare exchanges, by the way, were invented to help solve that problem.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

But they're kind of kludgy and they're kind of expensive.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

And you and I already talked about that.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

So we have to make sure that we have a very uniquely weird and kind of dumb system in this country where we have most working-age people getting their health care through work.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

That's a huge burden on companies that would rather make cars and not provide health insurance.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

So breaking that asunder, it has historical roots that we can get into after World War II when there were wage freezes in place.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

You had to figure out a way to give people more benefits.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

But that would be a great place to start.

The Chuck ToddCast
Full Episode - The U.S. Retreats From Being The Leader Of The Free World + Why The Biden Economy Felt Bad & Why Trump’s Is Even WORSE

And secondly...