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.
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.]
Could not have said it better.
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
Insurrection, anyone?
Let’s go Brandon
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.
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!
Of course Yellen praises JoeBama for what he has done to this Country. What Communist wouldn’t.
Hopefully that was his last speech!
What Democrat do you think will be giving the next Presidential speech? Sorry to break it to you, but it will be a Democrat.
That wasn’t Slojo…it was his Doppleganger…Check out the hair, his right eye..not Slojo.
Exactly..