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Yellen: Biden pandemic relief ‘like a vaccine’ for economy
The Associated Press ^ | January 19, 2022 | By FATIMA HUSSEIN

Posted on 01/19/2022 8:19:16 AM PST by Oldeconomybuyer

WASHINGTON (AP) — Treasury Secretary Janet Yellen told a gathering of America’s mayors on Wednesday that the Biden administration’s coronavirus relief bill was like a vaccine preventing catastrophic economic damage that could have returned the nation to the financial woes seen at the beginning of the pandemic.

President Joe Biden’s $1.9 trillion American Rescue Plan “acted like a vaccine for the American economy, protecting our recovery from the possibility of new variants,” Yellen said at the U.S. Conference of Mayors’ 90th winter meeting in downtown Washington.

“The protection wasn’t complete, but it was very strong,” Yellen said. “It prevented communities from suffering the most severe economic effects of omicron and delta.”

The mayors’ conference, headed by Miami Mayor Francis X. Suarez, is focused on American Rescue Plan resources for cities, equitable pandemic recovery, the reduction of gun violence and homelessness and combating climate change, among other issues.

Promoting Biden’s social and environmental plan, which remains stalled in Congress, Yellen said, “while we don’t know the final form this will take, it will revolutionize how we care for children in this country, invest in climate change and overhaul the international tax system to ensure corporations pay their fair share.”

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


TOPICS: Constitution/Conservatism; Government; News/Current Events; Politics/Elections
KEYWORDS: boondoggle; brandon; ccp; china; virus; wuhan; yellen
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1 posted on 01/19/2022 8:19:16 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

Works as well as the “covid vaccines”.....


2 posted on 01/19/2022 8:20:09 AM PST by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: Oldeconomybuyer

Covid didn;t crush the economy.

Government crushed the economy.


3 posted on 01/19/2022 8:20:55 AM PST by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
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To: Oldeconomybuyer

ROTFLMAO. Janet is a little loopy.


4 posted on 01/19/2022 8:20:56 AM PST by FlingWingFlyer (You can vote your way into socialism but you have to shoot your way out of it.)
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To: Lurkinanloomin

Works as well as the “covid vaccines”.....

Why we need a “like” button!


5 posted on 01/19/2022 8:21:35 AM PST by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR)
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To: Oldeconomybuyer

Good metaphor on their part.

It reveals their subconscious desires. They got a ‘referendum’ from barley half the country, but they want to force the self-destructive programs on everyone. No opting out.


6 posted on 01/19/2022 8:21:40 AM PST by z3n (Kakistocracy)
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To: Oldeconomybuyer
Promoting Biden’s social and environmental plan, which remains stalled in Congress, Yellen said, “while we don’t know the final form this will take, it will revolutionize how we care for children in this country, invest in climate change and overhaul the international tax system to ensure corporations pay their fair share.”

That's precisely what we're worried about.

7 posted on 01/19/2022 8:22:08 AM PST by 1Old Pro (Let's make crime illegal again!)
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To: Oldeconomybuyer

And it doesn’t work, either................


8 posted on 01/19/2022 8:22:43 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Oldeconomybuyer

More like a hit of Heroin. Crave that free gubmint money.


9 posted on 01/19/2022 8:24:20 AM PST by throwthebumsout
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To: Oldeconomybuyer
"...overhaul the international tax system to ensure corporations pay their fair share.”

A Fair Share Law...and Atlas Shrugged.

10 posted on 01/19/2022 8:27:37 AM PST by BlackbirdSST (Trump WON!!!)
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To: Oldeconomybuyer
.....that could have returned the nation to the financial woes seen at the beginning of the pandemic.

Stopped reading this suck up tripe right there... Seen at the beginning? Ha! We are just now getting into the DISASTER that is FauXi/Xiden pandemic devastation.

ANY accomplished liar or scam artist will tell you that in order to be successful your spiel has to have some element of truth in it, OR it has to delve down into innate greed so overwhelming all common sense gets thrown out the window.

Here is neither. A leftist sycophant grandma-esque harridan too greedy to go on off to the sunset preaching pure nonsense...

11 posted on 01/19/2022 8:27:51 AM PST by Gaffer
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To: FlingWingFlyer

Lost muppet Old Yellen should return to her studio.


12 posted on 01/19/2022 8:28:57 AM PST by alstewartfan ("She looks like she's 19 years old, sitting there like a lady with her legs crossed." Creepy Joe)
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To: Oldeconomybuyer

Janet, that’s just the metaphor you should NOT have used if you want to assure the people. Haven’t you been paying attention? A growing number of folks don’t see the COVID ‘vaccines’ as a solution.


13 posted on 01/19/2022 8:28:58 AM PST by lee martell
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To: Oldeconomybuyer

She’s right. It caused a lot of trouble and had no beneficial effect in the end.


14 posted on 01/19/2022 8:29:10 AM PST by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: alstewartfan

She’s a “Nancy”. A Marxist “Karen”.


15 posted on 01/19/2022 8:30:08 AM PST by FlingWingFlyer (You can vote your way into socialism but you have to shoot your way out of it.)
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To: Lurkinanloomin

Beat me to it.


16 posted on 01/19/2022 8:30:46 AM PST by Tench_Coxe
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To: FlingWingFlyer

She is evil.


17 posted on 01/19/2022 8:34:34 AM PST by Luke21
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To: Lurkinanloomin

I know Janet Yellen personally. Back when she was part of the President Clinton crew, she wasn’t crazy. Yes, she was from UC Berkeley but was part of the (then sane) Haas School of Business. Definitely a centrist.

I only mention that I know her to tell you that these comments and others that she has made since becoming Secy Treasury are borderline or full-out bat-droppings crazy.

There is no coexistence with modern American liberals, any more than you could coexist with a den of pit vipers in your own house. It’s either you or the vipers, eradication of the threat or your own demise.

The liberals have to be battled and completely defeated and removed from effective power. And then they have to be defeated over and over after that.


18 posted on 01/19/2022 8:35:02 AM PST by Old West Conservative
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To: Oldeconomybuyer

Janet you clueless imbecile, VACCINE IS A DIRTY WORD.


19 posted on 01/19/2022 8:36:29 AM PST by BiglyCommentary
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To: Oldeconomybuyer

Just like the vaccine, doesn’t work even if you try it three times.


20 posted on 01/19/2022 8:38:01 AM PST by muir_redwoods (Freedom isn't free, liberty isn't liberal and you'll never find anything Right on the Left)
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