The Briefing Room
General Category => Economy/Business => Topic started by: mystery-ak on August 15, 2023, 01:38:50 pm
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Yellen on Poor Polls on Economy: ‘Most Americans Feel Good About Their Own Economic Situation’
Ian Hanchett 14 Aug 2023
On Monday’s broadcast of CNN’s “OutFront,” Treasury Secretary Janet Yellen responded to poor polling numbers on the economy and President Joe Biden’s handling of the economy by stating that people tell pollsters they’re happy about their own financial situation and “So, they seem to perceive the economy as a whole as doing less well than they are personally. But most Americans feel good about their own economic situation.”
Host Erin Burnett asked, “The latest CNN poll, Secretary Yellen, shows that 75% of Americans believe the economy is in poor condition, and maybe that’s because, again, even though inflation rates have come down, they are still paying more. 63% of people in this poll disapprove of how President Biden is handling the economy. What do you say, Secretary Yellen, to the clear majority of Americans who simply do not believe that the administration is helping them?”
Yellen responded, “Well, Americans know best, I think, about their own personal finances. And it is important to recognize that when they’re asked how are they personally doing, over 70% of Americans say that they’re very comfortable with their financial situation. So, they seem to perceive the economy as a whole as doing less well than they are personally. But most Americans feel good about their own economic situation. And, of course, I’m here in Nevada today to talk to people about President Biden’s economic plan over the last year, real wages have been rising in almost all sectors of the economy and the biggest gains have gone to low-income workers who have seen a significant reduction in inequality.”
https://www.breitbart.com/clips/2023/08/14/yellen-on-poor-polls-on-economy-most-americans-feel-good-about-their-own-economic-situation/
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Yellen on Gas Price Surge: Gas Prices Lower than Peak, Inflation News ‘Overall Excellent’
On Monday’s broadcast of CNN’s “OutFront,” Treasury Secretary Janet Yellen stated that the recent jump in the price of gas is in part due to increases in demand due to the summer driving season and some “global factors.” But that gas prices are much lower than they were at their peak last year and that while gas prices are “an area of uncertainty” and there still are some risks, “more broadly, inflation has come way down,” “So, I think the inflation news has been overall excellent.”
more
https://www.breitbart.com/clips/2023/08/14/yellen-on-gas-price-surge-gas-prices-lower-than-peak-inflation-news-overall-excellent/
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I guess it is true, that if you tell a lie enough times it becomes your truth Janet baby.
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I guess I don't fall into that "feel good category".
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I guess I don't fall into that "feel good category".
Me either.
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I guess I don't fall into that "feel good category".
It's obvious that you just don't get Bidenomics then. /s
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:mauslaff:
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Go back to your home planet Janet.
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Over 70% of Americans are "comfortable" with their personal financial situation, but somehow, 60% of Americans are living paycheck to paycheck.
Yeah, sure.
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Most of us are one layoff, one injury, one illness, one foreclosure, one stock market crash away from personal and financial ruin.
We are spiders hanging over the flames of Hell by a thread, and the Federal Reserve is holding the scissors.
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http://www.youtube.com/watch?v=T7UeIrXI1Vc
Now a lot of these morons blame "corporations" for inflation, but clearly Janet isn't right. These are the Dumbs own voters mind you.
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Another example of what happens when just box checking becomes more important than competency and ability
They can’t even spin convincingly
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Over 70% of Americans are "comfortable" with their personal financial situation, but somehow, 60% of Americans are living paycheck to paycheck.
Yeah, sure.
Many of them are too comfortable. The median retirement savings for boomers is $90-160k, depending on the source you prefer. The next crisis will be prodigal boomers who blow through their modest inheritance and move back in with their children.
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Many of them are too comfortable. The median retirement savings for boomers is $90-160k, depending on the source you prefer. The next crisis will be prodigal boomers who blow through their modest inheritance and move back in with their children.
I have a fallback position if I burn thru my modest saving. They say Geriatric gimp on pronhub is kinda of a big deal and growing as boomers age.
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I have a fallback position if I burn thru my modest saving. They say Geriatric gimp on pronhub is kinda of a big deal and growing as boomers age.
Plan B -- maybe working on a cruise ship visited by the elitist -- tips -- R&B, free eats and some medical. Should at least be able to hide out somewhere when I'm too old and decrepit to walk -- somewhere near the kitchen where I can at least beg for food scraps. :whistle:
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I have a fallback position if I burn thru my modest saving. They say Geriatric gimp on pronhub is kinda of a big deal and growing as boomers age.
OnlyFans, here we come, so to speak!
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(https://i.imgur.com/KecX1NF.jpg)
Aunt Clara says what?