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Millionaire Treasury Secretary Janet Yellen
gives out-of-touch response to skyrocketing
grocery prices

Original Article

Posted By: mc squared, 6/26/2024 11:59:24 AM

“It’s sticker shock, isn’t it? Just when you look at shipping costs, those have come down, global food commodity prices have also come down, but food prices still remain high. Should the US invest in agriculture to boost the food supply in this country?” Schonberger asked. Yellen, who is worth an estimated $20 million, began to reply “No” before Schonberger even finished her question. “I think largely it reflects cost increases, including labor cost increases that grocery firms have experienced, although there may be some increases in margins,” Yellen continued.

Comments:

We're all 'eating cake' now Yellen. Remember what happened in France centuries ago.

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Reply 1 - Posted by: enemyofthestate 6/26/2024 12:11:33 PM (No. 1743904)
Yellen is a tone-deaf elitist, one of those types for whom tarring and feathering is too good. I have nothing but contempt.
20 people like this.

Reply 2 - Posted by: philsner 6/26/2024 12:24:14 PM (No. 1743913)
These people have got to go. They don't even care that you know they are lying.
22 people like this.

Reply 3 - Posted by: Cindiana 6/26/2024 12:33:43 PM (No. 1743919)
I think I saw her in Munchkin Land singing with a flowerpot on her head. These government trolls are so out-of-touch with regular Americans that I can only think of them as fictional characters.
17 people like this.

Reply 4 - Posted by: Mizz Fixxit 6/26/2024 12:44:11 PM (No. 1743929)
Yellen is a little Hitler. In 2021 Yellen had a sharp exchange with Senator Lummis over a biden administration policy to have the IRS monitor bank transactions over $600. The government is spying on us at least 5 different ways at all times.
17 people like this.

Reply 5 - Posted by: Ditto1958 6/26/2024 12:58:11 PM (No. 1743937)
Americans need to wake up and stop allowing these “let them eat cake” people to have powerful positions in government. Liberals seem to be the worst about this. Elitists who have no clue about life for ordinary people.
9 people like this.

Reply 6 - Posted by: dbdiva 6/26/2024 1:06:36 PM (No. 1743941)
I remember seeing an interview with this woman --- I think it was about SS but I'm not sure --- when she was asked the plans biden has for it. She answered that biden doesn't have plans...he has "principles". This response was beyond laughable. She's not all that bright but she's a member of their club so for now we are stuck with her.
7 people like this.

Reply 7 - Posted by: happywarrior 6/26/2024 1:19:58 PM (No. 1743944)
I can't wait for PDT to get rid of this old bag.
8 people like this.

Reply 8 - Posted by: DVC 6/26/2024 1:35:59 PM (No. 1743960)
Grocery store margins (profits to those in Rush's Rio Linda) are razor thin and have always been because there is voracious competition for your grocery dollar. Yellen is both very stupid, and a WEF lying leftist.
16 people like this.

Reply 9 - Posted by: Daisymay 6/26/2024 1:58:24 PM (No. 1743968)
Oh My....we must be in La La Land! When I go to the Grocery Store and find that ONE Pound of Butter is over $7.00, I find it is a CRISIS! I'm 83 years old. Never in my Lifetime have I seen such a thing! How are people who have Children able to buy food at those prices? I find most of what I need at Aldi's, but there are still things we need to get at Publix. It's just Two of US and I still find I sometimes pay $150 for what I manages to pick up! There is no Sugar Coating for Biden. Can't tell the folks who are watching the Debate that things are better now than when Trump was President. He's just not going to be able to sell it to folks who know better!
12 people like this.

Reply 10 - Posted by: jalo1951 6/26/2024 3:12:47 PM (No. 1743994)
Does she even know what inflation is? Why it happens? It is an accumulative tax that is added every month to the previous month as far back as the beginning of time. Yes, it has come down but we have been on an inflation roller coaster ever since FJB showed up and f - ed up the economy. Today Meijer had a roast beef for $8.39 a pound. It wasn't that long ago it was $3.99. It adds up every month. This woman comes across as the female Fauci.
8 people like this.

Reply 11 - Posted by: snowoutlaw 6/26/2024 4:40:30 PM (No. 1744022)
I don't see much wrong with what she had to say. She is 100% correct we should not be "centralizing agriculture". I also do not think Farmers are getting that much more for the products, its the shipping and labor costs that are causing much of the increases. Fuel doubling and min wage increases will always cause sharp increases in prices.
0 people like this.

Reply 12 - Posted by: john56 6/26/2024 9:53:58 PM (No. 1744133)
I guess Janet's housekeeper hasn't kept her up to date on grocery prices.
3 people like this.

Reply 13 - Posted by: mifla 6/27/2024 5:30:29 AM (No. 1744246)
I walked down the aisle of my local grocery store yesterday and made a point out of looking at aal the prices. Couldn't help but think about how much lower they were three years ago. The lower class has been destroyed and the middle class is living off of their credit cards. The upper class doesn't care what is happening, which explains her comments.
2 people like this.

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