Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Yellen warns failure to deal with debt limit would 'eviscerate' economic recovery
The Hill ^ | 11/30/2021 | Joseph Choi

Posted on 11/30/2021 11:56:08 AM PST by ChicagoConservative27

Treasury Secretary Janet Yellen on Monday warned senators that failing to reach a deal on raising the debt limit could "eviscerate" the U.S. economy recovery.

Yellen gave this message while addressing the Senate Committee on Banking, Housing, and Urban Affairs. She has issued similar notices in the time since the Senate reached a short-term debt hike to last until Dec. 15.

Speaking to the committee, Yellen noted November job numbers that showed around 531,000 were added in the past month and stated, "Our economic recovery is on track."

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


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: debt; deficit; eviscerate; inflation; recovery; yellen
Navigation: use the links below to view more comments.
first 1-2021-29 next last
Fear mongering dummy.
1 posted on 11/30/2021 11:56:08 AM PST by ChicagoConservative27
[ Post Reply | Private Reply | View Replies]

To: ChicagoConservative27

Mitch and his band of RINOs will help her out.


2 posted on 11/30/2021 11:57:06 AM PST by tennmountainman ( Less Lindell CONS, More AZ Style Audits)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Should yellin’ be eviscerated, we might start returning to Normal.


3 posted on 11/30/2021 11:57:29 AM PST by Paladin2 (Critical Marx Theory is The SOLUTION....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

“Recovery” is supposed to be spelled “shenanigans”.


4 posted on 11/30/2021 11:57:51 AM PST by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Just curious, but can somebody explain why in the entire history of the Federal Reserve there have been 15 Chairpersons, and all have been Jewish. Why? Are there no qualified gentiles?

Seems a bit conspiratorial to me.


5 posted on 11/30/2021 12:03:59 PM PST by Qui is (Biden spews and Harris swallows. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qui is

“Just curious, but can somebody explain why in the entire history of the Federal Reserve there have been 15 Chairpersons, and all have been Jewish. Why? Are there no qualified gentiles?”

There have been 45 Presidents in the history of this country and none of them were Jewish. ????


6 posted on 11/30/2021 12:10:42 PM PST by EQAndyBuzz (If you are vaccinated, you cannot get COVID from someone who is not vaccinated. Lighted up Karen!)
[ Post Reply | Private Reply | To 5 | View Replies]

To: ChicagoConservative27

No budget…no debt limit increase.


7 posted on 11/30/2021 12:13:06 PM PST by sanjuanbob
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Got keep the debt and money boat afloat. Wall Street won’t like it otherwise.


8 posted on 11/30/2021 12:14:38 PM PST by PGR88
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChicagoConservative27

Simple solution: cut spending to match the debt limit. It is what I have to do.


9 posted on 11/30/2021 12:14:54 PM PST by Petrosius
[ Post Reply | Private Reply | To 1 | View Replies]

To: EQAndyBuzz

Jews are 1% of the population but 100% of the Fed chairmen. Nice try...


10 posted on 11/30/2021 12:16:34 PM PST by central_va (I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Qui is
Just curious, but can somebody explain why in the entire history of the Federal Reserve there have been 15 Chairpersons, and all have been Jewish. Why? Are there no qualified gentiles?

Jerome Powell is Catholic.

11 posted on 11/30/2021 12:18:53 PM PST by DoodleDawg
[ Post Reply | Private Reply | To 5 | View Replies]

To: ChicagoConservative27

So she’s saying if we don’t borrow more money to cover our bills we won’t be able to borrow more money to cover our bills. Paging Alice!


12 posted on 11/30/2021 12:19:25 PM PST by dblshot
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qui is ; EQAndyBuzz
Just curious, but can somebody explain why in the entire history of the Federal Reserve there have been 15 Chairpersons, and all have been Jewish.

A bit of quick research indicates that is not at all true. Since 1913 most were Yankee blue-bloods. Eugene Meyer was probably the first Jew in the position before Alan Greenspan.

I believe William McChesney Martin, who was Fed Chair for 20 years from 1950-70 even studied at a Lutheran Seminary.

13 posted on 11/30/2021 12:20:26 PM PST by PGR88
[ Post Reply | Private Reply | To 5 | View Replies]

To: Petrosius

Just holding spending steady year over year is all it would take. That and a across 20% across the board import tariff.


14 posted on 11/30/2021 12:21:06 PM PST by central_va (I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 9 | View Replies]

To: central_va
Jews are 1% of the population but 100% of the Fed chairmen. Nice try...

Nice try yourself. Jerome Powell is Catholic. Paul Volker was Lutheran. G William Miller was Methodist. William McChesney Martin was Presbyterian. Thomas B. McCabe was Methodist.

15 posted on 11/30/2021 12:25:32 PM PST by DoodleDawg
[ Post Reply | Private Reply | To 10 | View Replies]

To: ChicagoConservative27

These Demonrats act like if the debt ceiling is not raised then the USA is in default. BS. The US treasury takes in almost $300B/month!!!


16 posted on 11/30/2021 12:25:45 PM PST by central_va (I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DoodleDawg

So the original post was in error. I get it.


17 posted on 11/30/2021 12:26:40 PM PST by central_va (I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 15 | View Replies]

To: central_va

Oy vey.


18 posted on 11/30/2021 12:27:45 PM PST by Fuzz
[ Post Reply | Private Reply | To 10 | View Replies]

To: PGR88
Since 1913 most were Yankee blue-bloods. Eugene Meyer was probably the first Jew in the position before Alan Greenspan

Fewer than one-third of the 16 Fed chairs have been Jewish. I wasn't a math major but I still believe 31.25% is still less than 100%.

19 posted on 11/30/2021 12:30:08 PM PST by DoodleDawg
[ Post Reply | Private Reply | To 13 | View Replies]

To: central_va
So the original post was in error. I get it.

You sure?

20 posted on 11/30/2021 12:31:09 PM PST by DoodleDawg
[ Post Reply | Private Reply | To 17 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-29 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson