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Yellen on Poor Views of Economy: People ‘Seem to Feel Good About Their Own Personal Finances’
Breitbart ^ | 10/27/2023 | IAN HANCHETT

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 ...


TOPICS: Business/Economy; Culture/Society; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: biden; bidencriminalregime; bidenflation; bidenomics; economy; finances; fjb; fjbregime; personal; yellen
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To: ChicagoConservative27

The progressive elites have prospered. The middle class got screwed. The welfare class is subsidized. Business as usual.


41 posted on 10/27/2023 7:13:25 AM PDT by cpdiii (cane cutter-deckhand-oilfield roughneck-drilling fluiids tech-geologist-pilot-instructor-pharmacist)
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To: ChicagoConservative27

Oh, everything’s fine then. /s


42 posted on 10/27/2023 7:20:38 AM PDT by mykroar (what is extraordinarily important is this—who will count the votes, and how. - J0eStalin)
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To: ChicagoConservative27

Also - a delusional gas lighter.


43 posted on 10/27/2023 7:21:19 AM PDT by No Party Affiliation
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To: ChicagoConservative27

So now we see the tactics for 2024. They just going to keep lying until they manufacture an alternative reality.


44 posted on 10/27/2023 7:21:45 AM PDT by MNJohnnie (Don't blame me, my congressman is MTG!)
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To: cpdiii

Exactly


45 posted on 10/27/2023 7:26:21 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: MNJohnnie; Travis McGee; Diogenesis; Red Badger; null and void

(tactics for 2024)

Can’t have a 2024 election.

What with World War III, you know.

Sorry about that. /shiny side out


46 posted on 10/27/2023 7:31:11 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: ChicagoConservative27

People ‘Seem to Feel Good About Their Own Personal Finances’

Biden’s Obama’s Clinton’s....................................


47 posted on 10/27/2023 7:46:56 AM PDT by Vaduz (....)
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To: ChicagoConservative27

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.


48 posted on 10/27/2023 8:01:20 AM PDT by convoter2016
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To: ChicagoConservative27

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.


49 posted on 10/27/2023 8:18:57 AM PDT by virgil (The evil that men do lives after them )
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To: FMBass

Same here. My 201K account is sinking.


50 posted on 10/27/2023 8:20:54 AM PDT by BipolarBob (Attention terrorists! has Joe Biden forgot to fund your cell? Call the WH now.)
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To: napscoordinator

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.


51 posted on 10/27/2023 8:59:23 AM PDT by Machavelli (True God)
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To: ChicagoConservative27

Yellen is smoking that cheap stuff.


52 posted on 10/27/2023 9:04:43 AM PDT by Rappini ("No man is entitled to the blessings of freedom unless he be vigilant in it's preservation" MacArthr)
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To: ChicagoConservative27

Sure. The “people” she consorts with are doing just fine.


53 posted on 10/27/2023 9:17:01 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: ChicagoConservative27

The Federal Reserve Turns 110: A Review of the Damage Done
https://odysee.com/@mises:1/the-federal-reserve-turns-110-a-review:4


54 posted on 10/27/2023 10:06:44 AM PDT by fretzer
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To: ChicagoConservative27

Sure Janet, when you are getting that sweet, freshly laundered money from Ukraine everything is fine.


55 posted on 10/27/2023 10:15:10 AM PDT by BigFreakinToad (Remember the Biden Kitchen Fire of 2004)
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To: ChicagoConservative27

THIS TOTAL FRAUD MUST BE ONLY COMMUNICATING WITH 5 MULTI-MILLIONAIRES...

SHE CERTAINLY DOESN’t KNOW WHAT AVERAGE PEOPLE ARE GOING THRU. .


56 posted on 10/27/2023 11:01:01 AM PDT by ridesthemiles
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To: SaveFerris
Yep.

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.

57 posted on 10/27/2023 1:40:29 PM PDT by Harmless Teddy Bear (Keep America Beautiful by keeping Canadian Trash Out. Deport Jennifer Granholm!)
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To: Harmless Teddy Bear

I did pretty well up until late 2002

2004 was the last semi-normal year I saw


58 posted on 10/27/2023 3:31:33 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: napscoordinator

...if that includes her in the solitary survey, I would agree.


59 posted on 10/27/2023 6:37:52 PM PDT by JJBookman (Democrats = Party of delusion )
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To: ChicagoConservative27

Ok, read the quote from her. Did she listen to herself after she said people feel good about their personal finances?


60 posted on 10/28/2023 2:02:47 AM PDT by EBH (America Blackmailed, The True Story of the World War...Coming Soon (1/21-))
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