Janet Yellen Throws Biden Under the Bus With Astounding Comment Destroying His Claims About Inflation
So many people have been crushed under the bootheel of "Bidenomics" and Bidenflation for so long. It's one of the main reasons Joe Biden's numbers are in the basement in terms of approval, particularly when it comes to the economy.
First, the Biden team denied the reality of the crushing inflation, calling it "transitory." Then they claimed it wasn't Joe Biden's fault, despite his excessive spending. They blamed it on Russia and greedy corporations, among others.
Now Biden has been saying prices are coming down and claiming credit, even though prices are still up more than when he came in. In his latest remarks in South Carolina, he also blamed the greedy corporations for Bidenflation.
That's the shtick he's been rolling out at campaign events now. The problem, of course, the American people know how his words don't match up with how much more is still going out of their pockets each month for things like food and other essentials.
Biden is trying to sell us on this fiction of how much he's doing to change what he broke, and no one believes him because he doesn't even understand the problem. Or he does and he just wants to spin us.
But now, Treasury Janet Yellen just threw him under the bus with what she had to say about inflation. She was being interviewed by ABC when she was asked how she would convince people that prices might not go back to what they were before the pandemic. This is an astounding statement, especially in light of what Biden keeps saying now.
"Well, I think most Americans know that prices are not likely to fall," Yellen said. "It's not the Fed's objective to try to push the level of prices back to where they were."
Oh.
So sorry, just accept we broke everything.
What is it that Biden is saying to us then? What is it that the Fed is trying to do with higher interest rates that are now also a problem? Do these folks check with each other with the statements that they keep shoveling out? Do any of them know anything? Or do they just keep talking and talking, hoping we won't notice the problems?
The Republicans should run this on a loop during the general election, contrasting it with what Biden said, and driving home why no one should be voting for Biden, for this and so many other reasons. They have no idea what they are saying or doing. Why would anyone vote for these people who don't seem to get anything right?
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