Janet Yellen Treasury Secretary Janet Yellen was pressed on Sunday to answer why voters are unhappy with the economy under President Joe Biden just months ahead of his expected rematch against former President Donald Trump in the 2024 election.
Jonathan Karl, a co-anchor of ABC News’s “This Week,” set up the question by telling Yellen that she had “cited a lot of positive macroeconomic indicators” while commenting on the economic situation in the United States.
“The rate of inflation is coming down. Unemployment is low. The economy’s growing. But why is it then that voters seem so unsatisfied?” Karl asked. “And in fact, in poll after poll, voters say they trust Donald Trump with the economy more than Joe Biden. What’s going on?”
“Well, I think the pandemic was a profoundly difficult time,” Yellen replied. “But in the years leading up to the pandemic, Americans were really, many of them, working-class families […]
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