Posted on 11/23/2023 12:39:40 PM PST by ChicagoConservative27
On Monday’s broadcast of CNBC’s “Squawk Box,” Treasury Secretary Janet Yellen acknowledged that we do need to have a fiscally responsible path, especially since “the higher interest rate environment does pose additional challenges” but we don’t need offsets for Israel and Ukraine spending since they are emergency spending.
After Yellen pushed for the aid package proposed by the Biden administration for Israel and Ukraine, co-host Andrew Ross Sorkin asked, “[W]e are having our debt and deficit go up and up and up and up and up. We had Stan Druckenmiller on our program recently. He said, we are spending like drunken sailors. Don’t forget, pre-COVID, the federal government was 20% of GDP. Now, it’s 25% of GDP. My father told me, if you’re in a hole, stop digging, Stan. And so, the question is, if we’re going to be spending this money, are there offsets? Should we be thinking about offsets? Or is that the wrong way to think about it in the context of war and national security?”
(Excerpt) Read more at breitbart.com ...
There is NO WAY this woman is this incredibly stupid. She has to be mindlessly reading from some plan. RETARD, she would have to improve to move UP TO RETARD!!!!
Why is it all you Bidenskyyyyy freak show freaks worry about are America-hating Xenos? Get a life, Yellen. Screw the EuroPeons.
I was just going to say idiot, but you are probably closer to the mark.
Yeah, and I don’t need offsets for my mortgage and car loan spending since they are emergency spending.
“Retard” doesn’t begin to cover it.
“Yellen: We Have Additional Deficit Challenges Due to Rates, But We Don’t Need to Pay for Israel, Ukraine Spending”
While my preference is for Israel-only funding, I can live with funding neither Israel or Ukraine, should it come down to that, as Israel can take care of itself, and we don’t need World War 3.
.
Emergency Spending = Debt
Deep State tells outlandish Lies.
Has this woman ever balanced a checkbook in her entire life?
Old Yeller is practicing voodoo economics. Deficits do in fact matter and we are quickly reaching the end of our rope.
Money for Ukraine or Israel - just borrow and send it, no questions asked.
Money for things for US citizens? Sharp intake of breath and shaking head at the irresponsiblity of it all: “Has to be paid for.”
When Yellen was in Cali recently, she went to an
In and Out.....she thought it was a male escort service.
She got confused when they asked her, “Rare, Medium, or Well Done”?
“Treasury Secretary Janet Yellen acknowledged that we do need to have a fiscally responsible path...”
She wouldn’t know fiscal responsibility if it smacked her in the face.
Let the Ukraine and Israel borrow for their needs. I don’t see any clause in the Constitution for us to be responsible for their budgets!
Everyone in the Biden administration is a complete retard they are all puppets for the party controllers.
If you replaced each one of them with a rock on their desk you would get the same result.
Every year since forever there has been “emergency spending”—lol.
I bet she balances her own checkbook meticulously. She is only generous with spending OPiumM (other People’s Money).
“Has this woman ever balanced a checkbook in her entire life?”
Why should she have to—if she runs out of cash she can just mug random pedestrians!
I DOUBT it. Yellen is the dumbest of all so called econ types.
Anyone with an econ major knows she is not too bright.
Yellen has take the “dismal science” of economics and turned into Partee Time!
No offsets needed = let the debt grow, let the Fed monetize it, and let the plebes pay the inflation tax
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