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..
I believe she prefers the grape flavored KoolAid.
Janet Yellen a recent Blackrock employee doesn’t know a good economy from a bad one. Without the help of Big tech and Blackrock this country would be in the toilet
What is she smoking, when Janet Yellen comes out and makes a statement like that for the citizens who are having to rob their piggy banks for milk and bread, inflation at a 40 year high and the President of the United States is oblivious as to what is going on, business’s shut down again, she needs to resign and find someone who will tell us the truth, not a democrat!
Kill Americans, to “boost” employment numbers
Fauci and Yellen are proof that you don’t need to be intelligent (or good looking) to get a job in government . . . . just need to know the “right” people.
“A year ago, if you go back to the challenges that we were facing…We were all worried that we would be facing a situation like we had after 2008.”
That is a lie. She wasn’t saying that a year ago. No one was. These people act like there are no recordings of what they said and we are all too stupid to remember.
The are living on “the ship of fools” under Biden and company. No course plotted just full speed ahead in circles.
What is the success? Is it the inflation, cost of gasoline, or the empty shelves?
I thought that Yellen was smarter than that. Just another America Last sellout… so pathetic for the end of her career.
The Biden administration is a basket of liars!
commie propaganda
Yellen’s as Senile as her boss.
Janet Yellen must live in Lala land! The unemployment was high dear Janet due to the COVID start during the last year of Trump’s Presidency! I was born at night…just not last night! You flunk Maco and Micro Economics 101!
Yellin you lie through your teeth. Your nothing but a Communist Democrats. I don’t know what school you got your degree from but they should revoke it Communist China.. This is the worst economy since Carter was President. Why did you give us all raises, to up everything double. I cannot waite until the November 2022 when all the Democrats and Rhinos will be voted out of office. Vote for Trump. Biden cheated and cheaters always lose. Time for the Biden administration be charged with crimes against humanity and treason.
what do you expect from liars… just sayin
Success for who?
Think of it…it is Good, if you are a Commie..
This lady is an amoral political lapdog
Wow, even being censored on here for criticizing Yellen and the left and talking about how we had our greatest prosperity in the US for 50 years prior to the Federal Reserve being created. Also about Biden’s foreign policy.
LyinMarxistBytcH
More Proof that Democraps have no brains just a NEVER ENDING SUPPLY of WORTHLESS FECAL MATTER overflowing their otherwise empty skulls and flowing out through their ever FLAPPING lips. That has be be the MOST IGNORANT statement made in America. History.
Yellen the communist needs to be behind bars for her role in destroying many parts of our economy!
dumb as rocks!! ALL of this administration!!
Please tell us that this is joke or that it was a Saturday Night Live skit. Is she really that clueless? God help us if she truly thinks her statement is accurate. How many of you feel in a better position today than at the same time last year?
A remarkable success? Are you kidding me? Janet! Gaslighting is better than out and out lying!
Who the **** is this idiot trying to kid ???? One ******* lies and the rest of the stone pilots agree with the lie. These sh**birds are the most pathetic scumbags on the face of this earth.
Seriously?
Is it possible that she is suffsuffering from the same disease that the president has; Dementia?