Do you ever see something in the news, folks, that you wonder if you must be dreaming, or the anchors posing as journalists must be having a Ron Burgundy moment and be reading something some disgruntled writer put on the teleprompter to screw them up?
Well, there was such a thing this morning, and we couldn’t believe it. Janet Yellen. Remember her, in charge of the Fed? She wildly blew it by predicting inflation would be no big deal and “transitory,” before it hit a 40-year high.
Now, instead of resigning in shame or even saying she’s sorry for all the pain she’s caused, the woman is launching a one-month victory tour to brag about how well the American economy is doing! We’re in an upside-down universe, here.
For Biden to deploy Janet Yellen, the Treasury secretary, on the road for a month to sell how good this economy is when we got 9% inflation and the stock market is basically flat for the first two years of the Biden administration? It’s a sign of how out of touch the administration really is, that they are going to try to trumpet and sell to everybody the idea that the economy is actually good when your own eyes tell you that it is not good every single time you walk into a grocery store or pump gas.
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