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Transcript: The State of the U.S. Economy with Jared Bernstein

MS. LONG: Hello, and welcome to Washington Post Live. I’m Heather Long, an economic columnist and member of The Post’s editorial board.

Today we have a very special guest, President Biden’s longtime economic advisor, Jared Bernstein. He was also recently confirmed as the new chair of the President’s Council of Economic Advisors.

Welcome to Post Live, Chair Bernstein.

DR. BERNSTEIN: It’s great to be with you. You and I know each other for a while. So you’re welcome to call me “Jared,” and I’ll call you “Heather,” if that’s okay.

MS. LONG: All right. That works for me. I was going to say, is it “Chair,” “Chairman”? Just “Jared.”

So we all saw really great numbers last week on the inflation, very encouraging story with inflation cooling off. Tell us, are you ready to declare victory on inflation?

DR. BERNSTEIN: So I don’t know if you can hear me, but this isn’t working, I’m sorry to say. I’m not hearing you, which is very discouraging.

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