Here was Secretary of the Treasury Janet Yellen last year.
Yellen told a Wall Street Journal CEO Council event that she does not anticipate that inflation would be a problem for the U.S. economy and that any price increases would be transitory because of supply chain shortages and the rebound in oil prices to pre-pandemic levels.
Here’s Janet now.
Treasury Secretary Janet Yellen on Thursday said she does not see signs of a recession after the Commerce Department released data showing the economy rebounded in the third quarter of the year.
“We have a very strong labor market. I don’t see signs of a recession in this economy at this point.”
Nothing to worry about, folks. “At this point”.
I’m really hoping that Yellen doesn’t start denying ‘stagflation’ or we’ll now it’s coming.
Yellen’s tactic though is to deny what already happened, before eventually admitting it when it’s completely undeniable.
US Treasury Secretary Janet Yellen admitted Tuesday that she had failed to anticipate how long high inflation would continue to plague American consumers as the Biden administration works to contain a mounting political liability.
“I think I was wrong then about the path that inflation would take,” Yellen told CNN’s Wolf Blitzer on “The Situation Room” when asked about her comments from 2021 that inflation posed only a “small risk.”
Now here’s the thing.
Biden and his people want this to be the next FDR administration. And then they constantly lie to the public about the state of the economy in ways that will inevitably unravel because they have so much contempt for the public that they think people are dumb. And that they won’t notice when the price of groceries goes up 20%.
A smarter approach would be to actually tell the public that times will get bad, but we’ll pull through. But that would require honesty, less contempt for the public and an administration that isn’t actively inflicting the damage on the economy.
Yellen and the rest of the administration aren’t just in denial mode for political gain, but because they’re the arsonists starting the fire before they show up in their firemen hats.
Just another incompetent leftist liar.
The ‘dead give-a-way’ is that ALL of her fingers and BOTH of her arms are crossed.
And her lips are moving.
Tell her to open her eyes and ears
Yellen sees it, she just can’t say it. Yellen is like Biden, she is dishonest. He wouldn’t have her around if she wasn’t.
Yellen:
“I have absolutely know idea what I am talking about so I am going do some “Happy Talk” that at some point everything is going to get better….or something…”
Did you folks know that Yellin has a net worth of over $20 million ? The key point here that all us peasants must understand is that the powerful, wealthy and elite will not be affected in the slightest by the policies and misery they force on us.
“They are not doing these things FOR us, they are doing these things TO us.” – Andrew Wilkow
Reminds me of the old skit by the Three Stooges! “I can’t see – I can’t see” “well, open your eyes” “Oh yeah, that’s better”!!
Ray Steven’s song “Everything is Beautiful” has a line “There are none so BLIND as they who will not SEE”! So many of these “experts” DON’T WANT TO SEE and expect YOU to believe their LIES rather than your EYES!
Go to your local stores and TRY to buy stuff that you TOOK for granted! In my hometown in SC we even have a shortage of HONEY BUNS!! HONEY BUNS!!! What’s next “uncle joe” – GRITS?????
People are hoarding honey buns? Must be those damn Yankee carpetbaggers. I think Uncle Joe’s grits will be safe, though.
Take off your roe colored glasses Rosebud and look again
“Old Yeller”had better get her Eyes Checked?????
Yellen must first admit that one terribly thing is true to make room for another more devastating event that she can deny.
The leftist brain can hold only so many (distorted) facts, so room must be made for other distortions to squeeze in.
Recession taking place of inflation, so then recession will give way to a depression. Homeless encampments and alien invader tent cities are being called Biden-villes.
And after that?
Yellen/Biden may then plagiarize a line from the preacher in Blazing Saddles, “you’re on your own.”
When you can’t see you don’t know what isgoing on right around you
She needs a new eye doctor
Put a helmet and mustache on Yellin and you’ve got Sgt. Schultz.
The government can’t seem to stop their endless money printing for their idiotic programs. Like the laughably called “Inflation Reduction Act” which is nothing but a 730 billion “Green New Deal” slush fund that will only increase inflation. Or Biden’s illegal student loan “forgiveness” which is projected to cost another 400 billion. No matter what the Democrats are telling you we are already in a Recession and it’s not unlikely that a Depression may be coming. Why? Because the only government response to our massive inflation and uncontrolled government spending is to rapidly increase interest rates which they are now doing. If you don’t remember then go look up mortgage rates in the 1970’s that were as much as 17% under Carter. As we head that way, the now robust housing market will be crushed along with all industries, the jobs, and manufacturing that support it and the economy will crater and we will be looking at another collapse like 2008.
Be cause her eyes are closed and she is to
D what to say