Friday, May 24, 2024

TONE-DEAF SECRETARY OF THE U.S. TREASURY: “The cost of living is a problem to a lot of people,” ...Yellen said in Stresa, Italy.

“But Yellen, a former Fed chair, struck an empathetic tone about the pressures facing Americans, while pointing to the administration’s efforts to reduce costs, such as by eliminating so-called “junk fees” that surreptitiously add extra charges on US consumers. 
“The cost of living is a problem to a lot of people,” Yellen said in Stresa, Italy. 
. . .“So I think this is a concern that people legitimately have.”

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From the : “But Yellen, a former Fed chair, struck an empathetic tone about the pressures facing Americans, while pointing to the administration’s efforts to reduce costs, such as by eliminating so-called “junk fees” that surreptitiously add extra charges on US consumers. “The cost of living is a problem to a lot of people,” Yellen said in Stresa, Italy. “So I think this is a concern that people legitimately have.” #economy #markets #inflation #econtwitter
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Believe it or not > This is severa degrees above the daily "normal" for summer temperatures...remainder of the week a degree or two warmer :)

  US National Weather Service Phoenix Arizona   t͏ o͏ r͏ o͏ S͏ d͏ n͏ p͏ e͏ s͏ 5͏ 3͏ 8͏ c͏ u͏ 5͏ a͏ 6͏ 1͏ t͏ f͏ 2͏ c͏ 6͏ m͏ g͏ 4͏ u͏ i͏ 1͏ 5͏...