Treasury Secretary Janet Yellen rejects recession fears, says economy is 'strong'

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Treasury Secretary Janet Yellen rejected recession fears in an interview with GMA, saying the economy remains 'strong and resilient.'

A blockbuster jobs report last week showed that the economy"You don't have a recession when you have 500,000 jobs and the lowest unemployment rate in more than 50 years," Yellen said.

poll released on Sunday. The figure marks the highest share of discontented respondents since the outlets began conducting the poll 37 years ago. "With the COVID pandemic and all the stress that placed on the economy, and then Russia's war in Ukraine that boosted food and energy prices, Americans are concerned about inflation and it's been President Biden's top priority to bring it down," she added.6.5% over the yearlong period ending in December, which amounts to a significant slowdown from a summer peak but remains more than triple the Federal Reserve's target of 2%.

Janet Yellen, US Treasury secretary, speaks during a Financial Stability Oversight Council meeting at the Treasury Department in Washington, DC, Dec. 16, 2022.Legislation enacted during the Biden administration, such as the $369 billion, has helped the central bank's effort to slow price increases, Yellen said.

 

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GMA Janet Yellen says poor people don’t count

GMA Misinformation

GMA Yellen is a knucklehead pandering partisan

GMA Sure, that's why I know several people who lost their businesses recently... The economy stinks so strongly!

GMA What are these People smoking?

GMA Wel, in that case...🤣🤣🤣

GMA These people can say anything they want. Corporate news will never correct or question a Democrat.

GMA They’re making these lies and saving them for the youth as they get older to indoctrinate from a young age. DONT FORGET THAT!

GMA remember, Janet isnt talking to you unless you are in the top 10% who never experience a recession

GMA The Whitehouse is literally a nursing home.

GMA lol on baked numbers anyone ask why 500K joined workforce in January the answer is they didn't numbers are based on an 'increased population estimate' no shock the news doesn't even ask questions or research anything just push party propaganda

GMA SHE'S A DAMN LIAR. STRONG MY A$$.

GMA 😂 for the beltway class maybe. Not for us working folk

GMA Lowest unemployment in 50 years despite the FED doing everything in its power to wreck the economy.

GMA This lady is a total joke. Just like the whole Biden's administration.

GMA The whole administration is full of LIARS. It ain’t just Biden, although he lies more than any of em. Biden lies every time he opens his mouth. He will lie even when telling the truth has no downside. He will lie even if the truth is slightly boring.

GMA I hope so. However, has she been shopping lately

GMA Democrats have mastered the art of lying with a straight face! Media has mastered the art of agreeing with the lies.

GMA Why does everyone continue to lie despite the fact we know the truth

GMA Does she live in a bubble?

GMA

GMA

GMA Groceries and heating oil remain beyond expensive. It’s repulsive how they lie and expect the public to dismiss our reality

GMA LIARS!!!!! WHERE THE HELL IS SHE LIVING?

GMA she’s pretty

GMA Lmaooooo

GMA ya....lalu....?

GMA Well in that case that America has so much cash available we really do not need another WAR so we may as well start repairing our Schools, roads, bridges and over crowded sidewalks from those squatter Veterans too!

GMA

GMA Oh so it’s just my imagination.

GMA

GMA Actually we are in a recession, if you include the 11 million jobs the government forcefully destroyed during lockdowns, job growth is an illusion today. A lie propped up by the establishment swamp and their media.

GMA Well anyone living in the US knows that's BS.

GMA 🤡🤡🤡💩💩💩

GMA The economy is doing so great that the FED had to raise rates 5x last year?🤔

GMA 4 in 10 Americans don't feel the way Janet Yellen insists we must.

GMA

GMA And you just took her word for it?

GMA 😒⛽️💡

GMA With her past predictions I would feel better if she said a recession is coming.

GMA Oil companies, and other major corporations using “inflation” as an excuse to gouge. They all have soaring profits!

GMA Except for people on a fixed income! How about she tries that for a while!!

GMA Dementia!!!!

GMA Inflation was also transitory, right?

GMA The lowest unemployment rate in over 50 years, the highest hourly wage growth and yet you keep pushing this false narrative. Maybe try focusing on the corporations who have made trillions of dollars off the backs of the working class and yet pay no taxes

GMA This can only mean the economy is on the verge of collapse

GMA This is .. a woman?

GMA ya ini aku lihat dulu perkembangan ekonominya.... aku lihat perkembangan yang lain.... mereka juga harus ikut....

GMA she looks like edgar winter

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