Yellen’s tenure racked up $7.41 trillion in deficits, pushing national debt up by $8.29 trillion, marking a legacy of fiscal failure, then boldly declaring, ‘Deficits need reducing.’ Pure irony.

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| Year | National Debt (in trillions) | Federal Deficit (in trillions) |
|——|——————————|——————————–|
| 2021 | $27.8 | $2.77 |
| 2022 | $29.6 | $1.38 |
| 2023 | $31.36 | $1.76 |
| 2024 | $36.09 | $1.5 (estimated) |

Janet Yellen’s tenure as Treasury Secretary has been a staggering display of fiscal irresponsibility. Since her appointment in January 2021, the national debt has skyrocketed by $8.29 trillion, reaching a jaw-dropping $36.09 trillion by December 2024. Such reckless accumulation of debt is not just alarming—it’s a dereliction of duty.

Yellen’s hollow words about reducing deficits are an insult to taxpayers. Under her watch, the federal deficit has swelled, adding an astonishing $7.41 trillion in just four years. This includes a staggering $1.76 trillion deficit in 2023 and an estimated $1.5 trillion in 2024. These figures are clear evidence of fiscal mismanagement, compounded by her inability—or unwillingness—to control ballooning expenditures.

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The impacts of Yellen’s failures are catastrophic. With the national debt now exceeding 130% of GDP—a level unseen since World War II—the U.S. economy faces crippling risks: rising interest rates, reduced investment, and inflationary pressure. Future generations are being saddled with a financial albatross, all thanks to Yellen’s inept leadership.

The disconnect between Yellen’s public statements and the fiscal reality under her leadership is infuriating. Claiming deficits must be reduced while presiding over unprecedented debt growth is not just hypocritical; it’s deceitful. This kind of leadership undermines confidence in America’s economic stability and global credibility.

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History has shown that unchecked debt leads to severe economic repercussions. Yet Yellen seems content to repeat the mistakes of the past without offering a coherent strategy for recovery. The absence of fiscal discipline is a betrayal of the public trust and a glaring indictment of her leadership.

Janet Yellen has failed as Treasury Secretary, and the consequences of her disastrous policies will haunt the nation for decades. Her tenure represents a masterclass in economic mismanagement, leaving an indelible stain on America’s fiscal history.


Sources:

https://en.wikipedia.org/wiki/Janet_Yellen

https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/

https://www.pgpf.org/national-debt-clock/

https://www.cbo.gov/publication/57285