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Middle Class Prosperity Project Forum Jared Bernstein Center on Budget and Policy Priorities 2/24/15.

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Presentation on theme: "Middle Class Prosperity Project Forum Jared Bernstein Center on Budget and Policy Priorities 2/24/15."— Presentation transcript:

1 Middle Class Prosperity Project Forum Jared Bernstein Bernstein@cbpp.org Center on Budget and Policy Priorities 2/24/15

2 Source: Economic Policy InstituteEconomic Policy Institute

3 Source: BLS, BEA

4 Inequality, middle income stagnation financial sector grows the middle class borrows the rich accumulate lack of regulation Bubble Bust (deleveraging, negative “wealth effect”) Recession

5 Sources: Left - Duncan and Murnane; Right - YellenDuncan and MurnaneYellen

6 Source: BLSBLS

7 Source: FurmanFurman

8 Source: ReevesReeves

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