Posted on 04/08/2024 7:17:13 PM PDT by ChicagoConservative27
During an interview with CNBC released on Monday, Treasury Secretary Janet Yellen said that “Some low-income consumers are perhaps exhausting their buffers of saving[s] that they built up during the pandemic, we’re seeing a little bit more distress at the household level there.” But despite that, “we’ve got a good, strong economy” with “very strong domestic demand” that is “on a solid track” and “generally, households are in very good financial shape.”
CNBC host Sara Eisen said, “I guess I’m just wondering if the economy continues to hold up, no matter what happens on the Fed.”
(Excerpt) Read more at breitbart.com ...
Bidenomic’s inflation continues to rape my savings, you ignorant old bag.
Yarns on sale at Hobby Lobby Grannie.
Let them eat cake she says!
thank goodness anguish is for having a little fun
Dumb, incompetent, clueless and senile.
Yellen is probably the best Cabinet member in the FJB administration, she seems like she is just incompetent and stupid.
No inflation whatsoever is acceptable!
“But Households ‘Generally’ in ‘Very Good’ Shape”
As long as they still have a car to live in as a back up.
No sh-t Yellen. Gee what a brain she has. I know old people getting pitched to the curb because their rents were raised by more than they could afford. Given 30 days to find a place when they have no family and nobody to help them move it even if they could find it. Many of these people are 80 and over. I see nobody but the wealthy in good shape.
RATs and RINOs always make sure their rich buddies are taken care of. If prices go up, they take a big pay raise.
I have friends with their kids moving back in with them because they can’t afford rents or to buy a home.
This economy is gawdawful and how anyone can try to make it look good is a disgusting excuse for a human.
Yeah, that is you Janet and stupid Joe Biden.
This woman is full of crap.
Now she is using Biden talking points and campaigning on TV for him.
DC is broken. Hopefully it’s not broken beyond repair.
Ads, President Trump
It IS broken beyond repair. It’s shattered into a million pieces.
Analogous to; once your house burns down, not to worry, it won’t burn down again.
“generally”
Let ‘em bugs.
I have a mortgage that shot up $223 per month due to insurance and property taxes and that the only debt I have and my wife and I still struggle
I’m wondering if the 2% inflation target of the Fed is a realistic goal at this point. 3% may be a more achievable goal.
Ask when the next COLA for Social Security will be……and how much.
She’ll never answer before Nov.
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