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Janet Yellen acknowledges 'cost of living is a problem' for consumers

Janet Yellen acknowledges 'cost of living is a problem' for consumers

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This article was originally published on WND - Politics. You can read the original article HERE

Janet Yellen

Janet Yellen

(ZEROHEDGE) – Americans are quickly realizing, by their empty wallets, that the leftists in the Biden administration are fueling the inflation storm with reckless government spending, amounting to $1 trillion every 100 days. No more blaming 'Putin Price Hikes' - Bidenomics has been one of the great policy mistakes in a generation, as working poor folks are crushed by persistently high inflation, forced to rack up insurmountable credit card debts and drain personal savings, all in a move to pay shelter costs, put food on the table, and service monthly auto payments.

Commenting on the inflation shitstorm is US Treasury Secretary Janet Yellen. She actually admitted that living costs are a "problem to a lot of people" following "substantial increases" in prices for goods.

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In an interview with the Financial Times on Thursday, Yellen acknowledged that housing and everyday goods prices were still very high for many consumers despite solid wage growth in recent months.

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This article was originally published by WND - Politics. We only curate news from sources that align with the core values of our intended conservative audience. If you like the news you read here we encourage you to utilize the original sources for even more great news and opinions you can trust!

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