Jared Bernstein, the Chair of the White House Council of Economic Advisers
This guy is quite literally a MORON!
This Video of Biden's Chief Economic Adviser Is Making the Rounds (Yeah, It Explains a LOT)
http://twitchy.com/dougp/2024/05/03/this-video-of-bidens-chief-economic-adviser-is-making-the-rounds-yeah-it-explains-a-lot-n2395866
Jared Bernstein is the chair of the Biden White House's Council of Economic Advisers, where one of his chief duties is to put frosting on crappy news with regular somewhat laughable attempts to put a positive spin on what "Bidenomics" has brought.
Bernstein often takes the Paul Krugman approach by claiming that the economy is doing great if you don't count all the bad stuff:
Tom Elliott (@tomselliott) ~ WH Chief Economic Gaslighter @econjared46: "You take out some of those more volatile components [from the GDP report] and ... year-over-year, GDP is up 3 percent ... Add in the very strong job market ... and I think you understand the underlying economy is solid as ever.”
Video ~ http://twitter.com/i/status/1783558573705863431
Bernstein often dials the gaslighting up to eleven to try and convince everybody to believe the White House instead of their own lying eyes and grocery/energy bills.
There's a video featuring Bernstein making the rounds in which he tries to explain how things work, and it'll just pump you full of confidence.
Wait, no it won't:
{Before you watch this 102 second video clip, please take note of this guy's educational background: (1) Bernstein graduated with a bachelor's degree in music from the Manhattan School of Music where he studied double bass with Orin O'Brien. Throughout the Eighties, Jared was a mainstay on the jazz scene in NYC., and (2) He also earned a Master of Social Work from Hunter College as well as a DSW in social welfare from Columbia University's school of social work. [Source is Wikipedia] HE HAS NO DEGREE IN ECONOMICS OR FINANCE.}
@amuse (@amuse) ~ BIDENOMICS: The reason the economy is imploding might be because this guy, Jared Bernstein, Chair of Biden’s Council of Economic Advisors is setting our economic policy. His background? Bachelors in Music and Doctorate in Social Welfare [watch].
Video ~ http://twitter.com/i/status/1786386104200896569
Bernstein is a complete and utter clueless, blithering idiot, and HE is Joe Biden's CHIEF ECONOMIC ADVISER!!! He cannot even articulate a complete, coherent thought regarding the federal government's printing of currency and borrowing of money. Hell, at one point in this video, he implies that the government selling bonds is tantamount to the government loaning out money! This guy is a LOON.
Geiger Capital (@Geiger_Capital) ~ This is absolutely insane. This is Jared Bernstein. Chair of the Council of Economic Advisers. He advises Biden on economic policy.
Tom Elliott (@tomselliott) ~ Biden’s top economic adviser isn’t so clever about economics.
After watching that clip, I'm not so sure that Jared Bernstein has the intellectual wherewithal to even spell the word "economics."
Arnaud Bertrand (@RnaudBertrand) ~ This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy. Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy.
The video apparently comes from a new documentary called "Finding the Money":
FINDING THE MONEY Film (@FindingMoneyDoc) ~ CLIP: We hear a lot about the national debt.
But do currency-issuing governments really ‘borrow' their own currencies? The answer might surprise you.
Watch FINDING THE MONEY documentary, In Theaters and On Demand TOMORROW May 3: http://FindingMoneyFilm.com
Well, the country's about $35 trillion in debt, so they're not "finding" the money as much as they are printing it.
Jason Howerton (@jason_howerton) ~ Biden chief economic advisor Jared Bernstein just said the words that will be referenced in history books for centuries regarding the fall of the American empire.
"The U.S. government can't go bankrupt because we can print our own money."
Are you feeling confident yet? Neither are we.
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