“Since the election, Jared Bernstein, the chair of the White House Council of Economic Advisers, has often found himself in a down mood — dealing, he says, with ‘confusion, guilt’ and ‘cognitive dissonance,’” the New York Times reports.
“President-elect Donald Trump’s sweeping victory was fueled in part by lousy consumer sentiment and working-class Americans’ frustration with the underlying state of the economy. That is a big blow to the idea of ‘Bidenomics,’ of which Mr. Bernstein was a leading evangelist and architect.”

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