Biden Admin Official Receives Public HUMILIATION – They’re Not Happy

Treasury Secretary Janet Yellen Reveals Who Really Is To Blame for High Inflation

Treasury Secretary Janet Yellen Reveals Who Really Is To Blame for High Inflation

(USNewsMag.com) – When President Joe Biden took office, inflation was on the rise as a result of the COVID-19 pandemic. Over the first year of his administration, the problem grew worse, but his administration repeatedly dismissed the issue as minor. Clearly, they were wrong. Treasury Secretary Janet Yellen is receiving blowback for another remark about the crisis.

On November 30, Yellen stopped by “The Late Show with Stephen Colbert” for an interview. The comedian asked the Treasury Secretary to explain to the audience how inflation became such a crisis when it didn’t seem like a problem two years ago. He pointed out how the Biden administration downplayed the problem during the first year.

Instead of owning up to the mistake, Yellen argued the administration brought down unemployment. She also claimed the president managed the pandemic so well that Americans began “splurging on goods, buying technology,” causing issues with the supply chain.

Conservatives called Yellen out for her remarks. Senator Ted Cruz (R-TX) called it “insane” that she was blaming Americans for the rise in inflation.

Buzz Patterson, an Air Force veteran who carried the nuclear football for President Bill Clinton, described the Biden administration as “absolute idiots” for blaming “government overspending” on the rest of the country.

What do you think about Yellen’s remarks?

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