What Are the “Bounce Bank Jobs” That Trump Discusses as an Insult?
INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.
Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Alex Brill.
“Bounce back jobs” is a term Donald Trump often uses to criticize Joe Biden’s economic performance. Trump suggests that the jobs gained during Biden’s administration are merely a recovery of those lost during the COVID-19 pandemic, rather than new job creation. He uses this term to downplay Biden’s economic achievements, arguing that reclaiming lost jobs is not equivalent to generating new employment opportunities.
This perspective contrasts with the long-standing view of policy makers, who typically consider any job creation—whether it involves recovering lost jobs or creating new ones—as a positive indicator of economic health. For years, the focus has been on overall employment numbers, without distinguishing between jobs regained after a downturn and entirely new positions. Trump’s use of “bounce back jobs” introduces a more critical lens, falsely suggesting that only new job creation reflects true economic progress.
According to the American Enterprise Institute, “Alex Brill is a resident fellow at the American Enterprise Institute (AEI), where he studies the impact of tax policy on the US economy as well as the fiscal, economic, and political consequences of tax, budget, health care, retirement security, and trade policies. He is the editor of Carbon Tax Policy: A Conservative Dialogue on Pro-Growth Opportunities. Before joining AEI, Brill served as the policy director and chief economist of the House Ways and Means Committee. Previously, he served on the staff of the White House Council of Economic Advisers. He has served on the staff of the President’s Fiscal Commission (Simpson-Bowles) and the Republican Platform Committee (2008). He is also the founder and CEO of the economic consulting firm Matrix Global Advisors (MGA). Brill has an MA in mathematical finance from Boston University and a BA in economics from Tufts University.”
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