All of this administration lives in some bizzaro universe..

[dustinator]

Janet Yellen comments on sending support to Ukraine and Israel.

“America can certainly afford to stand with Israel and to support Israel’s military needs and we also can and must support Ukraine in its struggle against Russia,” Yellen said, adding that the U.S. economy is doing “extremely well.”

“Inflation has been high and it’s been a concern to households, it’s come down considerably. At the same time, we have about the strongest labor market we’ve seen in 50 years with 3.8% unemployment. And at the same time, America, the Biden administration, has passed legislation that is strengthening our economy in years to come for the medium term.”

I can assume that when you get housing, transportation, food etc.. on the taxpayer's dime then yes, 'your' economy is doing fine. While the normal working people are paying double for everything. Fvck everyone in this current administration for totally screwing this country in under 3 years.

U.S. can 'certainly' afford military support to both Israel and Ukraine, Janet Yellen says

U.S. Treasury Secretary Janet Yellen says the country can "absolutely" afford to financially support both Israel and Ukraine in their respective war efforts.

www.cnbc.com

 

[BamaFan1137]

To add insult to injury, government debt is "cheaper" when inflation is higher (debt to GDP ratio). So hell yea, write those checks Janet.

 

[Reasoned]

Yellen is a fool and she has demonstrated a complete lack of macroeconomic principles comprehension. Case in point, her bewilderment that persistent inflation resulted from trillions of dollars in reckless government stimulus spending….an utter simp.