• inshallah2 [none/use name]
      ·
      3 years ago

      Bernstein has been an advisor to Biden for a very long time - at least back to when Biden was VP.

      —————

      Ninja edit

      I had a very quick look at this Wikipedia page.

      Jared Bernstein

      He was considered to be a progressive and "a strong advocate for workers".

      [...]

      [He coauthored] The Benefits of Full Employment: When Markets Work for People, where he states that "[l]ow unemployment by itself cannot address all the inequities in society," and advocates that "[o]ther forms of intervention are still needed to assist disadvantaged populations."

      He's a bass playing ghoul.

      Bernstein graduated with a bachelor's degree in music from the Manhattan School of Music where he studied double bass.

      • corgiwithalaptop [any, love/loves]
        ·
        3 years ago

        Bernstein graduated with a bachelor’s degree in music from the Manhattan School of Music where he studied double bass.

        ahhhhh nerd

        • grey_wolf_whenever [he/him]
          ·
          3 years ago

          extremely shit how the ruling class and anyone who existed before late stage capitalism was allowed to go to school for arts and passions and graduate into a job just fine but we all have to starve or be STEM lords

    • came_apart_at_Kmart [he/him, comrade/them]
      ·
      3 years ago

      its batshit. we are constantly told 40% of Americans can't scrape together $400 in an emergency without needing to take on high interest debt.

      nearly half of americans pulling down more than $80k are carrying a credit card balance, which is nailing them at ~19% interest.

      maybe they are imagining all those fast food employees have cashed out their retirement accounts (lmao).

      • NaturalsNotInIt [any]
        ·
        3 years ago

        The reason is because those surveys are complete garbage. They rely on people self reporting data, and people have no fucking clue about anything related to their finances (by design).

        They poll people via Mturk or those marketing survey emails for $0.50, and it's literally just a Qualtrics form that asks "how much do you have in the bank?". "Do you have any stocks?". "If you have a big expensive, how would you pay for it?". Then if they say anything other than "cash", even if it's "pay a credit card then pay the bill in full at the end of the month", that gets counted as "borrowing money".