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ROB SCHMITT TONIGHT-6/13/24-JANET YELLEN ON THE STATE OF THE ECONOMY
Secretary Janet Yellen pushing Biden campaign propaganda today talking about the state of the economy. Listen to this one.
All Americans, both those who are well off and those who are near, near the bottom of the income distribution are better off now. Their wages have risen more than prices.
Yeah, everything's great. <laugh> one of many that completely missed inflation and gave all of this to us, and of course still has a job because why wouldn't she? What's the pay earnings are down 3.9% under Joe Biden, they say that pays increasing to cover the cost of everything. No, it's not, not even close. That's why everybody's broke. Prices have increased by 20.1% in the last few years, and again, as Peter Schiff often says, that's a very modest estimate. If, if the federal government's telling you inflation's up 20% since 2020, you can probably assume it's more like 30 or 40%.
Let's get real.
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