Jared Bernstein
My personal newsletter
| Platform |  | Pricing | Only free issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 408 | Founded | 2 years ago | Last Issue | 3 days ago |
| Active | |||||
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econjared.substack.comLatest Issues
PCE Prices and Spending for July: Inflation Stays Warmer Than Fed Would Like; Real Spending Flat
Inflation, as measured by the PCE index—the Fed’s preferred gauge—was up 0.2% last month and 3.7% over the past year. Closely watched core inflation rose 0.2% monthly and 3.3% yearly. The table below shows that the headline rate came in sli...
Tax Cuts or Spending Increases: Which Drove Up the Debt?
[THIS ISN’T ROCKY, BUT THIS IS WHAT HE LOOKED LIKE]
There’s a small and nerdy cottage industry that asks the important question: how did we get into the public debt jam in which we are clearly mired?
In extensive writing over the years,...
Weekly Wrap-Up: Debt, Trade, And Trumpian Corruption
It’s been another wild weekly ride for political economics, with debt and interest rate issues looming large, along with various matters I’ll file under the rubric of Trumpian corruption.
The Debt Hits $40 Trillion: Round numbers catch the...
The Government Report That Made Me Stop Trusting Our Statistical Agencies
I’m often asked whether, in the age of Trump, we can trust government data. My answer has always been that we can because our statistical agencies have layers of insulation from such interference. To be clear, that doesn’t mean the system i...
Four Numbers in the News: $40 trillion, 6%, 5.2%, and 1.5%
You know the drill: a politically salient number becomes a big, round number, and everyone notices it. If only we could think in natural logs: “the gross debt hits 31.3!” isn’t a very sexy headline.
America’s gross government debt just hit...
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Former Biden CEA Chair
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