Janet Yellen is Chair of the Federal Reserve which in some ways makes her the most powerful person in the nation, financially speaking. She is a staunch liberal Democrat, nominated to the position by Obama, who has defended the Democrats’ $3 trillion stimulus package and who vows to fight President Trump’s effort to do away with Dodd-Frank.
If you have ever wondered just how detached Washington is, all you had to do was tune into Fed chief’s Janet Yellen’s semiannual trip to the Capitol Hill.
There they were — Yellen and members of Congress sucking it up, utterly blind to the real financial pressures ordinary regular Americans feel each and every day.
In recent years, Yellen has become a poster child for being out of touch with Main Street.
Let’s start with the basics, like her interpretation of inflation — …
Obama claimed to be the friend of working America and yet his actions was a war against most of working America and Yellen is no different. Neither of them have any concept of what the average working American family deals with on a day-to-day struggle to make ends meet. Like Obama, Yellen is more interested in doing what’s best for Yellen with little to no regard for you and me.