{"id":1927760,"date":"2023-05-10T00:56:32","date_gmt":"2023-05-10T04:56:32","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-taps-economist-who-bemoaned-gas-prices-too-damn-low\/"},"modified":"2023-05-10T00:59:05","modified_gmt":"2023-05-10T04:59:05","slug":"biden-taps-economist-who-bemoaned-gas-prices-too-damn-low","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-taps-economist-who-bemoaned-gas-prices-too-damn-low\/","title":{"rendered":"Biden chooses economist who criticized low gas prices."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-taps-economist-who-bemoaned-gas-prices-too-damn-low%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1927760&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Jared Bernstein&#8217;s Comments Could Jeopardize His Senate Confirmation<\/h2>\n<p>High gas prices have been a nightmare for President Joe Biden, but they are a dream come true for progressive economist Jared Bernstein, whom the president nominated for a top White House post. However, Bernstein&#8217;s past comments on gas prices could hurt his chances of being confirmed as chairman of the Council of Economic Advisers.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/media.gettyimages.com\/photos\/council-of-economic-advisers-member-jared-bernstein-attends-a-picture-id1232027589?s=2048x2048\" alt=\"Jared Bernstein\" \/><\/p>\n<h3>Bernstein&#8217;s Controversial Stance on Gas Prices<\/h3>\n<p>In 2015, when gas cost $2.09 per gallon, Bernstein lamented that gas prices were &#8220;too damn low.&#8221; He argued that &#8220;seriously under-priced&#8221; fuel costs had &#8220;scary&#8221; consequences for the environment because they stoked demand for fossil fuels. He even suggested a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/rep-biggs-joe-bidens-plans-to-raise-gas-taxes-will-hurt-americans\/\" title=\"Rep. Biggs: Joe Biden\u2019s plans to raise gas taxes will hurt Americans\">gas tax hike<\/a>, despite acknowledging that low prices at the pump help working families.<\/p>\n<p>Bernstein&#8217;s nomination comes at a time when many Americans are concerned about <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mass-gubernatorial-candidate-geoff-diehl-earns-trump-endorsement\/\" title=\"Mass. gubernatorial candidate Geoff Diehl earns Trump endorsement\">high energy costs<\/a>. Recent polls show that only 36 percent of Americans give Biden a positive rating on the economy, with a significant contributor being the dramatic increase in gas prices, which rose from $2.42 per gallon when Biden took office to $3.61 last week.<\/p>\n<h3>The Senate Banking Committee&#8217;s Vote<\/h3>\n<p>The Senate Banking Committee will vote on Bernstein&#8217;s nomination on Thursday. However, Sen. Tim Scott (R., S.C.), the ranking member of the committee, and other Republicans oppose Bernstein due to his comments on fossil fuels and support for Biden policies that they say have contributed to inflation.<\/p>\n<p>Bernstein&#8217;s fate could lie in the hands of moderate members of the committee, such as Sens. Jon Tester (D., Mont.) and Kyrsten Sinema (I., Ariz.), who have voted against other progressive Biden nominees. They blocked Saule Omarova, Biden&#8217;s nominee for comptroller of the currency, over her calls to regulate the banking industry. Omarova said she wanted to &#8220;starve&#8221; oil companies of funding to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-concerning-foreign-policy\/\" title=\"Biden\u2019s Concerning Foreign Policy\">fight climate change<\/a>.<\/p>\n<p>Tester and Sinema have not yet announced how they will vote on Bernstein&#8217;s nomination.<\/p>\n<h3>Conclusion<\/h3>\n<p>Bernstein&#8217;s support for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-taps-economist-who-bemoaned-gas-prices-too-damn-low\/\" title=\"Biden chooses economist who criticized low gas prices.\">expensive gas seemingly puts<\/a> him at odds with Biden, who has blamed oil companies, Russia, and even &#8220;MAGA Republicans&#8221; for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fact-check-did-airlines-in-the-us-implement-baggage-fees-as-a-result-of-9-11\/\" title=\"FACT CHECK: Did Airlines In The US Implement Baggage Fees As A Result Of 9\/11?\">higher fuel costs<\/a>. Whether Bernstein will be confirmed as chairman of the Council of Economic Advisers remains to be seen, but his controversial stance on gas prices could jeopardize his chances.<\/p>\n<ul>\n<li>Bernstein&#8217;s comments on gas prices could hurt his chances of being confirmed as chairman of the Council of Economic Advisers.<\/li>\n<li>Recent polls show that only 36 percent of Americans give Biden a positive rating on the economy, with a significant contributor being the dramatic increase in gas prices.<\/li>\n<li>Sen. Tim Scott (R., S.C.) and other Republicans oppose Bernstein due to his comments on fossil fuels and support for Biden policies that they say have contributed to inflation.<\/li>\n<li>Sens. Jon Tester (D., Mont.) and Kyrsten Sinema (I., Ariz.) have not yet announced how they will vote on Bernstein&#8217;s nomination.<\/li>\n<\/ul>\n<p>It remains to be seen whether Bernstein will be confirmed as chairman of the Council of Economic Advisers, but his controversial stance on gas prices could jeopardize his chances.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jared Bernstein&#8217;s comments could hurt his chances at Senate confirmation Council of Economic Advisers member Jared Bernstein \/ Getty Images High gas prices have been a nightmare for President Joe Biden. But they are a dream come true for a progressive economist whom the president tapped for a top White House post. Jared Bernstein, Biden&#8217;s<\/p>\n","protected":false},"author":155,"featured_media":1927761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[3620,13491,6719,13919,7536,4590],"class_list":["post-1927760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon","tag-biden","tag-chooses","tag-criticized","tag-economist","tag-gas","tag-prices"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1927760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/155"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1927760"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1927760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1927761"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1927760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1927760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1927760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}