Tuesday, January 30, 2024

Yellen: Okay Fine, High Prices Are Here to Stay

 

Speaking during an interview with ABC News Live over the weekend,
Treasury Secretary Janet Yellen admitted prices aren’t going down,
contradicting arguments repeatedly made by the Biden White House about
easing inflation. In 2021, Yellen claimed inflation was “transitory.



For
months officials in the Biden administration have falsely claimed
prices on everyday goods and services were going down. In reality,
they’re getting more expensive at a slower pace. 

During
a briefing at the White House last week, Press Secretary Karine Jean
Pierre had trouble explaining complaints from Biden when he purchased a
smoothie that cost $6. 

“Last Friday, the president
was at a coffee shop in Pennsylvania, and he seemed to be surprised that
the smoothie was $6 and how expensive it was,” a reporter asked. “I’m
curious. So is the president now realizing the costs that Americans are
bearing?”

“So, look, when he went over to you all, to the press corps, he was
having a good time, right? And offered, as you know, offered to buy them
coffee,” Jean Pierre responded. “There was a big group there, and he
made sure everyone got coffee and pastries. So I just want to make that
really clear.”



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