Jared Bernstein
👤 SpeakerAppearances Over Time
Podcast Appearances
Because affordability is such a huge issue right now.
And I think it's been for a while.
It's going to be going forward.
And if you're working one day less, you're going to make less and life is going to be presumably even less affordable.
So I think that that's a real challenge right now.
Yeah.
I think in two major ways.
One we've actually talked about, which is health care.
Of course, most working age people get their health care, not just for them, but for their family through their employer.
So if we move to a situation where you're not as connected to one employer as
such that you have employer-sponsored insurance, we're going to need a system like Medicare for More.
The Obamacare exchanges, by the way, were invented to help solve that problem.
But they're kind of kludgy and they're kind of expensive.
And you and I already talked about that.
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.
That's a huge burden on companies that would rather make cars and not provide health insurance.
So breaking that asunder, it has historical roots that we can get into after World War II when there were wage freezes in place.
You had to figure out a way to give people more benefits.
But that would be a great place to start.
And secondly...