Treasury Secretary Janet Yellen Thinks Biden COVID Relief Plan Could Lead To Full U.S. Employment By 2022

Treasury Secretary Janet Yellen thinks that President Joe Biden‘s $1.9 trillion relief plan could allow for economic growth that would lead to full U.S. employment by 2022. “We’re in a deep hole with respect to the job market and a long way to dig out,” she told CBS Sunday. Republicans have been quick to attack the Biden plan slamming its high price. Citing Larry Summers, a secretary of treasury under Bill Clinton, Republicans say that the massive Biden proposal could trigger increased inflation in the U.S. Yellen, however, insisted that the recession caused by the COVID-19 pandemic and the jo…

Read More

HEDGE accordingly