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Yellen critical of Trump's grasp of economic policy
AP/yahoo ^ | 2/26/19 | Martin Crutsinger

Posted on 02/26/2019 9:05:43 AM PST by central_va

WASHINGTON (AP) -- Former Federal Reserve Chair Janet Yellen says she doubts that President Donald Trump has a good grasp of economic policy or even knows the Federal Reserve's mandates.

"I doubt that he would even be able to say that the Fed's goals are maximum employment and price stability," Yellen said in an interview with radio program "Marketplace."

She said Trump has made various inaccurate remarks about the Fed such as that the central bank has an objective for the exchange rate for the dollar that is aimed at supporting the president's trade policies.

She said comments like that show a "lack of understanding of the impact of the Fed on the economy and appropriate policy goals."

Asked in the interview released Monday if she felt Trump had a grasp of macroeconomic policy, Yellen said, "No I do not."

(Excerpt) Read more at yahoo.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: fed; get; of; rid
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To: Lazamataz

You blew up the thread, man!


41 posted on 02/26/2019 11:32:30 AM PST by gogeo (Liberal politics and mental instability; coincidence, correlation, or causation?)
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To: central_va

“I doubt that he would even be able to say that the Fed’s goals are maximum employment and price stability,” That her and her ilk never accomplished!
Now President Trump has accomplished that in little over 2 years so you understand why they HATE him and US:-)


42 posted on 02/26/2019 11:51:19 AM PST by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: hal ogen
yellen is your typical proven-wrong LIB nitwit who is unable to accept that her ideas and policies are wrong-headed, wrong and without any merit. What a loser. It is pathetic that she whines. She did harm to this society by accepting any position of authority and responsibility.

Sounds like a lot of "former" government leftys

43 posted on 02/26/2019 11:55:36 AM PST by 1Old Pro
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To: central_va
You can't make this stuff up. After all the damage she's done to the US economy and monetary system, she says Trump the businessman doesn't understand how the economy works.

wow

44 posted on 02/26/2019 11:56:17 AM PST by grania ("We're all just pawns in their game")
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To: central_va
Fire this stupid < rhymes with ditch > !

He already did. Last year.

45 posted on 02/26/2019 12:30:43 PM PST by DoodleDawg
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To: CodeToad

lol

Most intelligent man EVER!!


46 posted on 02/26/2019 10:37:57 PM PST by dp0622 (The Left should know if.. Trump is kicked out of office, it is WAR!)
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