As of the end of 2023, the typical U.S. worker could afford the same goods and services as in 2019, prior to the pandemic, and had an additional $1,400 to spend or save per year, according to a January analysis by Treasury officials.
Demar Byas of Pontiac, Michigan referred to experts touting the nation’s economic performance as a “slap in the face.”
“You’re celebrating these numbers, but we are struggling,” said Byas, who juggles several jobs to make ends meet. “It’s no relief in sight, and just say those numbers and to celebrate that, and as I said stuff becomes a slap in the face.”
Janet Yellen takes money from Goldman Sachs and many other K-street banks and continues to do their bidding.
All while unabashedly lying and shitting all over the American citizenry.
She’s been lying about inflation for YEARS now. She thinks we are clueless.
Why are you booing him? He’s right!
Correct.
Apparently Yellen has some fans in here who dislike facts/history.
So fucking weird, it’s all verifiable information.
https://www.businessinsider.com/recession-definition-biden-white-house-gdp-inflation-outlook-economic-recovery-2022-7
It was p.r bullshit to put a spin on it, but the actual institutions that “officially” declare a recession didn’t change their definition.
It hasn’t changed, the white house was just pulling typical spin bullshit, while those that actually have the final say on what state we’re in didn’t.
This fully supports my point, thank you 🙏