Posted on 10/27/2023 6:19:34 AM PDT by ChicagoConservative27
During an interview with Bloomberg on Thursday, Treasury Secretary Janet Yellen reacted to negative sentiment on the direction of the American economy by stating that people “have been through a lot with the pandemic and the lockdown for almost two years, then a period of high inflation” and there are structural issues that have existed for a while, but people “do seem to feel good about their own personal finances.”
Yellen said, “I think Americans have been through a lot with the pandemic and the lockdown for almost two years, then a period of high inflation. And, as you say, they do seem to feel good about their own personal finances. Surveys of job satisfaction suggest people feel good about their work, too. We’ve rarely seen higher numbers on job satisfaction. But they seem very worried about the economy and that things are not doing well. The U.S. economy has suffered from structural problems…for a very long time. A significant share of the population, particularly those who haven’t had a college education, have really not seen meaningful growth in their real income and have seen a decline in job opportunities over, really, approaching 50 years. And I think what Americans need to know is that the Biden-Harris administration is really decisively changing that.”
(Excerpt) Read more at breitbart.com ...
The progressive elites have prospered. The middle class got screwed. The welfare class is subsidized. Business as usual.
Oh, everything’s fine then. /s
Also - a delusional gas lighter.
So now we see the tactics for 2024. They just going to keep lying until they manufacture an alternative reality.
Exactly
(tactics for 2024)
Can’t have a 2024 election.
What with World War III, you know.
Sorry about that. /shiny side out
People ‘Seem to Feel Good About Their Own Personal Finances’
Biden’s Obama’s Clinton’s....................................
Janet Yellen should have known that credit card debt exceeded $1 trillion. Why does Yellen not know this? Maybe she does and hopes nobody else notices yet.
Has she seen how much a pound of Great Value brand bacon is lately? That’s the “cheap” Wal-Mart brand and it’s pushing $6.
Same here. My 201K account is sinking.
That may be so for the corrupt politicians she knows. They have stolen millions, so they think they are in good shape. Never mind the peons that she detests.
Yellen is smoking that cheap stuff.
Sure. The “people” she consorts with are doing just fine.
The Federal Reserve Turns 110: A Review of the Damage Done
https://odysee.com/@mises:1/the-federal-reserve-turns-110-a-review:4
Sure Janet, when you are getting that sweet, freshly laundered money from Ukraine everything is fine.
THIS TOTAL FRAUD MUST BE ONLY COMMUNICATING WITH 5 MULTI-MILLIONAIRES...
SHE CERTAINLY DOESN’t KNOW WHAT AVERAGE PEOPLE ARE GOING THRU. .
In the late 1990's things were going pretty good financially and I felt secure.
Not so much since.
Maybe we should not have squandered that Peace Dividend.
I did pretty well up until late 2002
2004 was the last semi-normal year I saw
...if that includes her in the solitary survey, I would agree.
Ok, read the quote from her. Did she listen to herself after she said people feel good about their personal finances?
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