Gov. Tim Walz Says Minnesota Stands With Houston, Where Illegal Tried to Run...
Man Who Recruited Platner Barred From Rep. Summer Lee's Campaign Over Sexual Misconduct...
Slither River: Large Scale Disaster Sends a Venomous Nile of Reptiles Flooding into...
WA Superintendent of Schools: It's Inaccurate to Say Biologically That There Are Only...
FAKE NEWS! Ro Khanna Goes Full Greta Thunberg With 'Detention' Stunt on a...
Randi Weingarten Being Harassed by Congress for Using Teachers' Dues to Promote Her...
FBI Calls MS NOW's Scoop on Kash Patel Being Called to the White...
Shattering the Irony Meter: Ellen Page Rants Against 'Vile Losers' Who Can't Accept...
Try Listening to Tim Walz's Argument Against Deporting a Child Rapist He Pardoned...
For Jim Acosta, Questioning Election Results Is Only 'the Big Lie' If a...
Zohran's Got Some 'Splainin' to Do: Mamdani Admin Gets Caught Setting Up Meetings...
Ratio Alert! Dem Rep. Jayapal Has Seen Enough of This Lawless Behavior (From...
DEMS IN CRISIS: Maine Senate Shake-Up Fuels Midterm Battle for America's Future
'What a Joke'! Look What the Calif. Secretary of State JUST NOW Certified
The White House Getting Security Upgrades Is All the TDS Crowd Needs to...
Premium

'Cool, resign': Treasury Secretary Janet Yellen admits previous assurance about inflation was wrong

The White House where the “Buck Stops Here” president works (not counting weekends in Delaware) has spent his entire presidency blaming myriad crises on anything and anybody not named “Joe Biden.” High gas prices and inflation have been the fault of the pandemic, Vladimir Putin and “ultra MAGA” Republicans. But according to Biden administration officials last year, inflation was “transitory” and shouldn’t even really be a problem now — except it is. The White House’s new spin is pitiful:

Treasury Secretary Janet Yellen was among Biden administration officials who previously insisted inflation was “transitory” and would be short-lived. However, Yellen’s not admitting that her previous assurance was incorrect:

On the one hand, the incompetence and/or dishonesty that’s been on display in every corner of the Biden White House has been disturbing, but on the other hand, it’s highly unusual to hear the words “I was wrong” coming from anybody connected to this administration.

Has anybody in this administration been held accountable for their incompetence? They just keep failing upward.

In April, Yellen was sounding the alarm about climate change so clearly the Treasury Secretary had her priorities in order (cue huge eye roll).

***

Related:

Karine Jean-Pierre says inflation isn’t a crisis, ‘We’re just in a difficult time’

Paul Krugman says don’t worry too much about ‘transitory price blips’ — aka ‘inflation’ (and people have thoughts)

New AP-NORC poll suggests that it’s getting harder and harder to find anyone who thinks Joe Biden doesn’t suck (even among Dems)

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement