BLOOMBERG: Yellen Declares US Economy Has Achieved Soft Landing; Real wage increases mean American workers ‘getting ahead’

Sharing is Caring!

Totally out of touch.

Treasury Secretary Janet Yellen declared Friday the US economy had achieved a long-sought soft landing, a historically unusual event in which high inflation is tamed without significantly damaging the labor market.

“What we’re seeing now I think we can describe as a soft landing, and my hope is that it will continue,” Yellen said Friday in an interview with CNN.

www.bloomberg.com/news/articles/2024-01-05/yellen-declares-us-economy-has-achieved-soft-landing

See also  The Second Largest Economy in the World Is Sick, and the Communists Can't Figure Out How to Cure It
See also  Death Of The Consumer Economy: Over A Third Of U.S. Adults Now Struggle To Pay For Their Most Basic Expenses

View post on imgur.com

View post on imgur.com

Views: 47

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.