Yellen says high food and rent prices key factors in voters’ negative economic outlook

by lucerousb

6 comments
  1. Yes, we would like to have a little buffer beyond what’s needed to pay for rent, food, and now absurdly high healthcare premiums and copays and other insurances. The economy isn’t thriving just because a few higher two-income households can afford designer clothing and travel.

  2. Yea no shit, when people’s entire paycheck buffer got consumed by higher prices on essential goods of course the average American isn’t going to have a favorable opinion of the state of the economy.

  3. She is acting as if the Biden administration has no control over inflation when they very much do. She is forgetting about inflation in the service sector, listen to Jerome Powell speak about PCE inflation. This crisis could be gone by now but it isn’t. when Donald trump becomes our next president Biden can blame this fool.

  4. Well, yes. The question is who can we blame?

    Folks, who do you blame and why?

    For food, I blame the few corporations who own our food supply and their ability to skyrocket prices without consequence.

    For rent, I blame corporations backed by private equity groups, such as Blackstone. Remember after the 2008 financial crisis, these assholes profited off the misery of others and turned foreclosed homes into overpriced rentals.

    If you blame the President, explain how the President can change the above two items in a free market economy.

  5. In other words, people are feeling the impact of the inflation Biden created

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