Biden picks economic policy adviser

From NBC's Mark Murray and Domenico Montanaro In a nod to the Left, Jared Bernstein will serve as chief economist and economic policy adviser to Vice President-elect Biden , the Obama -Biden transition team announced today.   “Jared Bernstein is an acclaimed economist, and a proven, passionate advocate for raising the incomes of middle class families," Biden said in a statement. "His expertise and background in a wide range of domestic and international economic policies will be an invaluable asset to the Obama-Biden Administration. It’s an honor to have him on my team and I look forward to his advice and counsel.”    Bernstein has been an economist at the Economic Policy Institute, a think tank that has been associated with most progressive part of the Democratic Party when it comes to economic matters -- and that's viewed as being to the left of the Brookings Institution. Bernstein also worked for Robert Reich him at the Labor Department during the Clinton years.   ... (link)