Janet Yellen: Photo By Mark Warner

Treasury Secretary Janet Yellen somehow claimed that, in spite or stunningly high inflation and rising general misery, the American economy had been a ‘remarkable success’ under President Joe Biden.

As The Daily Wire reports:

During an interview with CNBC, Yellen lauded decreases in the unemployment rate while expressing hope for lower inflation.

“A year ago, if you go back to the challenges that we were facing, and the Federal Reserve was facing, unemployment was extremely high. We were all worried that we would be facing a situation like we had after 2008, when it took almost a decade to get back to full employment,” Yellen said. “I think it has to be viewed as a remarkable success that the unemployment has fallen the most in a year in American history.”

Though President Biden’s economy observed 6.4 million new positions filled in 2021, many note that three million jobs lost during COVID-19 and the lockdown-induced recession remain unrecovered. Indeed, one study reveals that $300-per-week federal unemployment checks — extended into September 2021 by President Biden’s American Rescue Plan — caused slower job recovery.

Meanwhile, inflation has risen dramatically from 1.4% to 7% — a four-decade high — under the Biden administration. During the interview, Yellen admitted that she desires lower price level increases as 2022 unfolds.

Polls have consistently shown that Americans disagree with Yellen’s assessment, repeatedly citing the economy as one of Biden’s weakest points.

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Bruce David
Bruce David
4 months ago

The inept lauding the incompetent-typical Dem loon liar [these are the same arses who claim to be doing good for cities like San Fran, LA, Chicago, etc.]

susan dudak
susan dudak
4 months ago
Reply to  Bruce David

Could not have said it better.

Ruby Pearce
Ruby Pearce
4 months ago
Reply to  Bruce David

Three weeks from now you will wish you had YTR89 started today. Simply give it a shot on the accompanying site.

GOOD LUCK… 𝐆𝐨𝐨𝐠𝐥𝐞𝐩𝐚𝐲𝐬𝟎𝟏.𝐓𝐤

ourzoo10
ourzoo10
4 months ago
Reply to  Bruce David

Insurrection, anyone?

Dan Tyree
Dan Tyree
4 months ago
Reply to  ourzoo10

Let’s go Brandon

susan dudak
susan dudak
4 months ago

Janet Yellen has to be nuts. You can’t trust anyone in the government to give you accurate information on anything. They do NOT live n the real world. We need a clean wipe out of all our current politicians and start anew with fresh blood.

ElmoColt45
ElmoColt45
4 months ago
Reply to  susan dudak

It’s coming, but we will have to wait till 2024, I know, by that time we could be at war, economy worse, Yellen gone, Biden gone, and the democrats still lying to us? Maybe the election this year will help us some, but we will see, all is not lost!

David C
David C
4 months ago

Of course Yellen praises JoeBama for what he has done to this Country. What Communist wouldn’t.

ElmoColt45
ElmoColt45
4 months ago
Reply to  David C

Hopefully that was his last speech!

Marijane L
Marijane L
4 months ago
Reply to  ElmoColt45

What Democrat do you think will be giving the next Presidential speech? Sorry to break it to you, but it will be a Democrat.

ourzoo10
ourzoo10
4 months ago
Reply to  ElmoColt45

That wasn’t Slojo…it was his Doppleganger…Check out the hair, his right eye..not Slojo.

ourzoo10
ourzoo10
4 months ago
Reply to  David C

Exactly..