President Joe Biden’s treasury secretary just admitted that her notorious “transitory inflation” gaslighting was wildly out of touch with reality.
During the March 13 edition of Varney and Co. on Fox Business, Secretary Yellen conceded that she regretted repeatedly insisting that the inflation crisis that’s still ravaging the country was “transitory” in 2021. Yellen told Fox Business reporter Edward Lawrence, “I regret saying [inflation] was transitory. It has come down, but I think transitory means a few weeks or months to most people.” As the old saying goes: Too little, too late.
Americans have been forced to endure an average monthly inflation rate of 5.6 percent between Feb. 2021 and Feb. 2024 under Biden. By contrast, the average monthly inflation rate under President Donald Trump was only 1.9 percent between Feb. 2017 and Jan….
