You have to love it when Democrats contradict themselves.
Janet Yellen, the current Treasury Secretary, may be the most morose and ineffective member of Biden’s cabinet, which is saying a lot. In a recent interview, she stated that she is unconcerned about an impending recession in the United States. Similarly to how she believed inflation to be temporary, she also believed that inflation was temporary. She has the BEST TRACKRECORD OF ALL TIME!
"Secretary Yellen…said this week that 'there is nothing to suggest a recession is in the works.' Do you agree?"
Obama Treasury Sec. Larry Summers: "No … The optimists were wrong a year ago in saying we'd have no inflation, and I think they're wrong now." pic.twitter.com/hzIKvUhe35
— RNC Research (@RNCResearch) June 12, 2022
Former Treasury Secretary under Obama, Larry Summers, has a quite different opinion.
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