By The FirstTreasury Secretary Janet Yellen faced a brutal backlash on social media this week after the blamed record-high inflation on the spending habits of average Americans.
“Can you explain how inflation got so high?” asked Colbert.
Don't blame the Biden Admin printing trillions of dollars: @SecYellen tells @StephenAtHome the real reason inflation is out of control is because Americans are "splurging" on goods; "and, remember, Russia has conducted a brutal war against Ukraine" pic.twitter.com/d0xbhA7sbH
— Tom Elliott (@tomselliott) December 1, 2022
“We put policies in place that generated a very rapid recovery,” began Yellen.
“The pandemic had special impacts on the economy… Americans splurged on goods!”
Watch Yellen’s comments above.
Sign up now!
More Like This
THAT’S HER PLAN? Chicago Mayor Says Crime Will Go Down if Businesses ‘Stop Using Money’
Chicago Mayor Lori Lightfoot confused countless residents this week when she urged local businesses to stop using cash in an effort to cut-down on violent crime. “So what’s your solution?” asked a moderator at Mayoral Debate. “We’re working with street vendors, making sure we’re doing things with them to help them. They should not use …
HELL FREEZES OVER: Don Lemon Calls Out Schumer’s Blatant Hypocrisy to His Face
“This doesn’t sound that much different than the former President,” began Lemon. “There’s a Special Prosecutor. Let’s see what they have to say,” said Schumer. “I have to say this, you seem much more measured about this than with the Trump documents,” fired-back Lemon. Watch the exchange above.
WATCH: Man Gets Kicked Off of Delta Air Line Flight for Anti-Biden Shirt
Delta Airlines removed a passenger for violating the company’s policy against offensive attire. In the video a man wearing a hooded sweatshirt that reads “F*** Biden” is told by a flight attendant that he is required to leave the plane and turn the shirt inside out if he wishes to fly. The attendant added that …
BIZARRE BIDEN CLAIM: Gays Are Being ‘Thrown Out of Restaurants’
President Joe Biden made a bizarre claim during the signing ceremony for the Respect for Marriage Act on Tuesday, insisting that gay people are being “thrown out of restaurants.” “When a person can be married in the morning and thrown out of a restaurant for being gay in the afternoon, this is still wrong,” Biden …
FROZEN JOE: Pentagon Won’t Shoot Down Chinese Spy Balloon Because of ‘Debris’
The Pentagon addressed the American people Friday after a Chinese Spy Balloon was found flying over the continental United States. The military will not shoot down the craft because of potential “debris” and “property damage.” “The balloon continues to move eastward and is currently over the center of the continental United States. Again, we currently …
OMAR OUSTED! Ilhan Omar Officially Booted from House Intel Committee
Controversial Congresswoman Ilhan Omar was voted off the House Intel Committee Thursday after making numerous remarks regarding Jewish people, Israel, and the September 11th, 2001 terror attacks. The resolution passed by a vote of 218 to 211. “I am Muslim, I am an immigrant, and interestingly, from Africa,” Omar said. “Is anyone surprised that I am …