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Treasury Secretary Janet Yellen admits
she was wrong on inflation

Original Article

Posted By: Ribicon, 6/1/2022 1:14:25 PM

Treasury Secretary Janet Yellen says she made a mistake last year in predicting that inflation would be minimal or manageable. “I think I was wrong then about the path that inflation would take,” Ms. Yellen told CNN on Tuesday. A once-promising fight against COVID-19 took a downward turn in mid-2021 as variants surged and producers struggled to shake off the pandemic and meet the demand for products. People who saved money or received federal payments continued to spend on goods instead of services, trips, conferences and other events, exacerbating the problem. Republicans say President Biden overheated the economy by authorizing new stimulus funding alongside the vaccine-driven

Comments:

Someone at this level being wrong 100% of the time is not a mistake. And yet there she is, leaning on her fellow traveler Jerome to keep printing more money, the ultimate goal being the economic collapse of the USA. Wait long enough and a Republican might release a sharply critical tweet in our defense.

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Reply 1 - Posted by: singermom9 6/1/2022 1:18:38 PM (No. 1172561)
“She should be fired immediately for sheer incompetence.” But her sheer incompetence is why she was hired.
26 people like this.

Reply 2 - Posted by: red1066 6/1/2022 1:29:48 PM (No. 1172566)
No S Sherlock! We all knew she was full of dung when she opened her mouth a year ago. Only in D.C. can someone so incompetent rise to this level. Having one person this stupid in an administration is one thing, having an everyone in an administration be this stupid is by design.
18 people like this.

Reply 3 - Posted by: DVC 6/1/2022 1:32:36 PM (No. 1172569)
Here's a test: Has Yellen EVER been right about anything in economics? I don't think that there are any cases of her being right. She needs to be fired, immediately.
16 people like this.

Reply 4 - Posted by: volksford 6/1/2022 1:46:17 PM (No. 1172586)
No problem...we figured you were full of s*#t from the get go.
11 people like this.

Reply 5 - Posted by: WhamDBambam 6/1/2022 1:47:25 PM (No. 1172588)
So what's the penalty for screwing up this bad?
8 people like this.

Reply 6 - Posted by: EJKrausJr 6/1/2022 1:47:35 PM (No. 1172591)
So, Yellen, the former Chairperson of the Federal Reserve, has no clue about inflation. Give me a break. Yellen is so Stored High In Transit. The FJB administration is in complete FUBAR. We are so F@#$%d.
8 people like this.

Reply 7 - Posted by: hershey 6/1/2022 2:03:14 PM (No. 1172605)
Another liberal idiot appointee by poopy pants...surprised she admitted a mistake...usually they duck and cover..
6 people like this.

Reply 8 - Posted by: Anti_democRAT 6/1/2022 2:08:33 PM (No. 1172612)
She should resign for spreading disinformation. I knew she was lying when she said it was transitory ans then later in would be over in winter. Apparently the fed believed or colluded with her and didnt jump on rates in time to save america. Women, children, impoverished, elderly, and retirees hurt worse by this white supremacist, commie, and racist butch.
2 people like this.

Reply 9 - Posted by: Miceal 6/1/2022 3:02:04 PM (No. 1172662)
Wrong or caught in a lie?
4 people like this.

Reply 10 - Posted by: earlybird 6/1/2022 3:37:24 PM (No. 1172699)
Didn’t you feel the earth shake?
1 person likes this.

Reply 11 - Posted by: Quigley 6/1/2022 3:58:42 PM (No. 1172720)
She wears power broaches like madeleine allnotsobright. That’s how Gulf War I started, perhaps, when the power broach- a snake in the case in point- was supposed to “do something” vis a vis saddam hussein. So janet yellen “no inflation” in a crowded economy didn’t work either. But she’s historic some way some how. So be happy. Or else the fbi will open a file.
2 people like this.

Reply 12 - Posted by: mc squared 6/1/2022 4:05:33 PM (No. 1172729)
Whoops. I thought the cancer was benign.
1 person likes this.

Reply 13 - Posted by: ussjimmycarter 6/1/2022 4:13:25 PM (No. 1172732)
She has NEVER EVER been right!!!
1 person likes this.

Reply 14 - Posted by: deerejon 6/1/2022 4:57:46 PM (No. 1172767)
We need more right minded,clearly thinking,prevatige taking 80+ year olds in office. NOT!!!
1 person likes this.

Reply 15 - Posted by: 3XALADY 6/1/2022 5:39:15 PM (No. 1172831)
So someone needs to fire her lard arse.
2 people like this.

Reply 16 - Posted by: Dodge Boy 6/1/2022 5:54:35 PM (No. 1172846)
So, Janet, are we supposed to crawl back under our rocks, and think, ok, mistakes happen to everyone?
1 person likes this.

Reply 17 - Posted by: smokincol 6/1/2022 5:55:45 PM (No. 1172847)
"Treasury Secretary Janet Yellen admits she was wrong on inflation" - then why is she still in the office? that was the weakest most irresponsible "admission" I've seen so far this month and it's only June 1st., she even admits she does not have the ability to continue as Secretary
4 people like this.

Reply 18 - Posted by: rochow 6/1/2022 7:54:28 PM (No. 1172933)
This dame makes me sick. She made her phony 'predictions' for political purposes. Should be thrown out at once!
1 person likes this.

Reply 19 - Posted by: MickTurn 6/2/2022 1:12:44 AM (No. 1173192)
So much for MORON Experts.
1 person likes this.

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