Janet Yellen Says Higher Yields Reflect Strength of the Economy & IRA Success, Not Deficits

Janet Yellen vehemently defended the Inflation Reduction Act (IRA), despite overwhelming evidence of its failure to control soaring inflation rates. Brushing aside the act’s shortcomings, Yellen attributed the economic woes to global influences rather than accepting accountability. She insisted that the situation merely mirrors the U.S. economy’s resilience, a perspective at odds with the tangible impacts of spiraling inflation and widening deficits. Her refusal to recognize these glaring issues casts doubts on her grasp of the situation.