After searing inflation, "American workers are getting ahead," Treasury Secretary Janet Yellen says
After searing inflation, "American workers are getting ahead," Treasury Secretary Janet Yellen says
"Americans should feel confident that inflation will come down to levels that will no longer really be noticeable or worrisome to them," Yellen told CBS News.
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."
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This is almost on the level of Maoist censorship of any societal ills, while reporting that "all is well as it should be, as laid out for us by our benevolent system"
Reminds me of the prices of commodities always 'going down' in 1984.
There is no war in Ba Sing Se
"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." Orwell, 1984