Yellen acknowledged that the administration didn’t expect the last year to play out the way it has. "I think I was wrong then about the path that inflation would take," she told CNN on Tuesday. (A Treasury spokesperson said later Yellen was merely noting that "there have been shocks to the economy that have exacerbated inflationary pressures which couldn't have been foreseen 18 months ago, including Russia’s decision to invade Ukraine, multiple successive variants of COVID, and lockdowns in China.")Oh, what you just read was an example of media bias. Sure, the Washington Compost reported Yellen's remark, but does so in the 14th paragraph. And look how the rag immediately jumps to protect the Democrat narrative. But all is not well. Any person who isn't an apologist for the Dems knows it.
Wednesday, June 01, 2022
Biden Treasury secretary admits she was wrong about inflation
Well, there is at least one person with at least some integrity within the Bided Administration. In an article from the Washington Post, Treasury secretary Janet Yellen admitted that she, and that means the White House, was wrong about inflation.
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