Remember saving 16 cents on 4th of July? Janet Yellen warns of 10 million pushed into poverty over higher food prices

Apr 19, 2022 10:55 AM
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Remember saving 16 cents on 4th of July? Janet Yellen warns of 10 million pushed into poverty over higher food prices
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How it started. . .

Remember when the White House bragged how the average 4th of July cookout cost 16 cents less in 2021 than in 2020?

Now, for how it’s going. . .

Via Reuters: “YELLEN SAYS EARLY ESTIMATES SUGGEST AT LEAST 10 MILLION MORE PEOPLE WORLDWIDE COULD BE PUSHED INTO POVERTY DUE TO HIGHER FOOD PRICES ALONE.”

Why don’t these 10 million people just shop where Ron Klain tells them to?

“We did it, Joe”:

Note: This isn’t just inflation but also supply issues thanks to the ongoing war in Ukraine:

It will be a “central test” for team Biden, even:

You can watch her remarks here:

***

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News Topics INFLATION | JANET YELLEN

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