Jared Bernstein is leaving the Obama administration. Berstein, Biden’s chief economic adviser, was one of the few liberal economists in the Obama administration. Not shockingly, the reason he is leaving is because there isn’t interest to implement the ideas he thinks are necessary to get the economy on the right track:
But the official said his reasons for leaving are practical. In the face of a conservative Republican House and budget-cutting fever, Mr. Bernstein’s advocacy for more stimulus spending was going nowhere.
Sad.