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Yellen: Biden's plan could restore full employment by 2022
AP ^
| 2/7/2021
| MARTIN CRUTSINGER and ALAN FRAM , Associated Press
Posted on 02/07/2021 5:18:16 PM PST by simpson96
WASHINGTON (AP) — Treasury Secretary Janet Yellen said Sunday the country was still in a “deep hole” with millions of lost jobs but that President Joe Biden’s $1.9 trillion relief plan could generate enough growth to restore full employment by next year.
Republican senators argued that Biden’s proposal was too expensive and they cited criticism from Larry Summers, a treasury secretary under President Bill Clinton, that passage of the measure could run the risk of triggering runaway inflation.
(Excerpt) Read more at seattlepi.com ...
TOPICS: Chit/Chat
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To: fedupjohn
Yep like last month. 6,000 private jobs and 43,000 or guberment jobs. Those 6,000 better make a lot of money to support the rest of them.
To: simpson96
Full employment in China and India?
42
posted on
02/07/2021 5:51:56 PM PST
by
a fool in paradise
(Call on Joe Biden to follow Donald Trump's example and donate his annual salary to charity. )
To: vpintheak
According to Joe and John, they are going to work lucrative jobs making low cost solar panels and stuff.
43
posted on
02/07/2021 5:53:23 PM PST
by
a fool in paradise
(Call on Joe Biden to follow Donald Trump's example and donate his annual salary to charity. )
To: simpson96
Nobody believes this homeless bag lady impersonator
To: simpson96
HAHAHAHA..you’re an idiot, JANET
45
posted on
02/07/2021 5:57:12 PM PST
by
Ann Archy
(Abortion....... The HUMAN Sacrifice to the god of Convenience.)
To: simpson96
Nobody believes this homeless bag lady impersonator
To: simpson96
Under 4 percent in Iowa now. Of course that is people wanting to to work
47
posted on
02/07/2021 5:58:46 PM PST
by
redgolum
(If this culture today is civilization, I will be the barbarian)
To: fedupjohn
Yup! Finishing 0bama’s agenda. Gub jobs mean D voters.
BUT Trump was doing the same only for public employment.
To: simpson96
HAHAHAHA..you’re an idiot, JANET
49
posted on
02/07/2021 6:02:40 PM PST
by
Ann Archy
(Abortion....... The HUMAN Sacrifice to the god of Convenience.)
To: butlerweave
Apparently hopium opium or something
She’s:
Delusional and/or Lying
50
posted on
02/07/2021 6:11:45 PM PST
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: Fai Mao
51
posted on
02/07/2021 6:17:11 PM PST
by
The MAGA-Deplorian
(Sarcasm. It's my only natural defense against stupidity!)
To: COBOL2Java
'Shovel-ready jobs!'
52
posted on
02/07/2021 6:18:53 PM PST
by
Viking2002
(The revolution won't need to be televised. It'll be on your doorstep.)
To: simpson96
Can’t wait for Chairman Jao Bai Deng to call it “The Summer of Recovery.”
That would be “Summer of Recovery 9.0” picking up where 0biden left off prior to three years of sizzling economic growth under President Trump.
53
posted on
02/07/2021 6:19:05 PM PST
by
TigersEye
(Everyone knows)
To: cowboyusa
Amazon, Walmart, Target and McDonald’s are happy.
Now only to get rid of that pesky minimum wage, so they can have a true slave worker class.
54
posted on
02/07/2021 6:28:45 PM PST
by
Starcitizen
(Thank you to the Senate for passing S.386, turning the US into the third-world shithole of India. )
To: simpson96
The Soviet Union also had full employment.
55
posted on
02/07/2021 6:30:43 PM PST
by
AlaskaErik
(In time of peace, prepare for war.)
To: simpson96
10 million jobs for dot Indians coming for American jobs as promised by Hiden/Ho.
10 million Americans forced into minimum wage jobs.
56
posted on
02/07/2021 6:47:48 PM PST
by
Starcitizen
(Thank you to the Senate for passing S.386, turning the US into the third-world shithole of India. )
To: simpson96
Any economist worth their weight in salt knows that “full employment” is unachievable due to a myriad of factors such as employees leaving jobs for whatever reason before moving on to the next. This just goes to show that Yellen is a sham and always been a has been.
57
posted on
02/07/2021 6:48:01 PM PST
by
zaxtres
(`)
To: AlaskaErik
“The Soviet Union also had full employment.”
Sure did. Great point.
To: simpson96
59
posted on
02/07/2021 7:01:43 PM PST
by
Fido969
(,i.)
To: simpson96
There NEVER is full employment with a Dem in office.
Instead 10-25% is considered the New Normal.
60
posted on
02/07/2021 7:09:02 PM PST
by
BitWielder1
(I'd rather have Unequal Wealth than Equal Poverty.)
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