Jared Bernstein, economic policy adviser to Vice President Biden, said the U.S. Chamber of Commerce is "missing the point" with its new $100 million "Campaign for Free Enterprise" announced yesterday. (see our blog postings yesterday here and here).

The campaign is aimed as a counter-offensive to the Obama administration's increasing involvement in the private sector.

Bernstein made his comments on C-SPAN's "Washington Journal" this morning, when he was asked to comment on the chamber's new campaign. Jared said President Obama's involvement is aimed at addressing deep problems with the economy and to ignore them "because of ideology would have been a tremendous mistake."

See clip provided to us by C-SPAN below: