Jared Bernstein Standards Quotations

It's a pretty classic story of an economy that's leaving middle-income households behind. The gap between how this economy's doing and the living standards of the median family has never been larger.

It's unprecedented. There is a large and growing gap between how the economy is performing and the living standards of the people stoking the engine.

The main reason for that appears to be the fact that the job market has yet to generate the kind of increases in living standards you'd expect at this point.