{"id":2103817,"date":"2023-11-20T11:57:08","date_gmt":"2023-11-20T16:57:08","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/yellen-claims-its-our-job-to-explain-what-bidens-done-to-improve-the-economy\/"},"modified":"2023-11-20T11:59:50","modified_gmt":"2023-11-20T16:59:50","slug":"yellen-claims-its-our-job-to-explain-what-bidens-done-to-improve-the-economy","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/yellen-claims-its-our-job-to-explain-what-bidens-done-to-improve-the-economy\/","title":{"rendered":"Yellen claims &#8216;it&#8217;s our job&#8217; to explain what Biden&#8217;s done to improve the economy"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fyellen-claims-its-our-job-to-explain-what-bidens-done-to-improve-the-economy%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2103817&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Treasury Secretary Janet Yellen: Explaining Biden&#8217;s Economic Progress<\/h2>\n<p>Treasury Secretary Janet Yellen \u200bbelieves it \u200cis crucial to \u200bcommunicate to voters the steps\u2063 President Joe Biden has taken to address the economy, which many perceive as struggling. In response to recent polling data\u2062 showing that 59% of voters under 30 rate \u2062the current state \u200cof the economy as &#8220;poor,&#8221; Yellen\u2064 emphasized the need to highlight the progress made.<\/p>\n<blockquote>\n<p>&#8220;I \u2064think it\u2019s our job to explain\u200d to Americans what\u200b President Biden has done to improve the economy,&#8221; Yellen said on CNBC. &#8220;I think as inflation comes down, \u2064prices stop rising, \u200band the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-great-resignation-is-still-in-full-swing\/\" title=\"The \u201cGreat Resignation\u201d Is Still in Full Swing\">labor market remains strong<\/a>, Americans will begin to see \u200cthat we have made meaningful progress. And importantly, the administration is making investments in America that will show up in improved conditions and more availability of good jobs in many parts of the country that have not seen a lot \u200bof progress.&#8221;<\/p>\n<\/blockquote>\n<p>Yellen further emphasized that the Biden administration \u2063has announced over $500 billion in manufacturing investments, with \u200csome already yielding \u2064positive results. She expressed confidence that over time, more voters will feel hopeful about the country&#8217;s\u200b prospects.<\/p>\n<p>Addressing concerns \u200babout fiscal sustainability, Yellen highlighted Biden&#8217;s efforts \u2062in signing bills to address \u200bspending\u200d and \u2064taxation. According to the secretary, these bills \u200cwill \u2064result in $1 trillion of deficit reduction over the\u2062 next decade.<\/p>\n<blockquote>\n<p>&#8220;We\u2019ve had responsible investments in the U.S. economy that will have a payoff, and we\u2019ve \u200bprovided additional \u2063money to the\u200b Internal Revenue Service, \u200cwhich will have an enormous payoff \u2063in closing the $7 trillion tax gap that we have in the United States,&#8221; Yellen said.\u200b &#8220;We\u2019re \u200bsimply \u2064not collecting the taxes that people owe, and this\u200b will have a huge payoff as well.&#8221;<\/p>\n<\/blockquote>\n<p>While some Democrats have expressed concerns about the economy&#8217;s \u2063impact on Biden&#8217;s chances of reelection in 2024, others, like Democratic strategist David Axelrod, believe he has\u200b a fair shot. Axelrod stated that Biden&#8217;s chances are &#8220;no better \u200dthan 50-50, maybe a little worse.&#8221; However,\u2064 Senator Chris \u200bCoons (D-DE) remains optimistic, pointing to the Democratic Party&#8217;s recent \u200celection results as a testament to Biden&#8217;s \u2062accomplishments as president.<\/p>\n<h3>Related Articles:<\/h3>\n<ul>\n<li><a href=\"#\">Powerhouse Football Colleges\u200b Rack Up Millions \u200bin Buyouts for Fired Head Coaches<\/a><\/li>\n<li><a href=\"#\">Click Here\u200d to Read More\u200c from The Washington Examiner<\/a><\/li>\n<\/ul>\n<p> <\/p>\n<h2> Why does\u2063 Treasury Secretary Janet Yellen emphasize the importance of President Biden&#8217;s proposed budget for fiscal year 2022, and how does it address economic inequalities\u2063 and strengthen the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/erickson-let-david-slay-goliath\/\" title=\"ERICKSON: Let David Slay Goliath\">social safety net<\/a><\/h2>\n<p><span>  \u2064Ces stabilize, and jobs\u2062 continue to be created, people will start to see the positive\u2064 impact of the President&#8217;s policies.&#8221;<\/p>\n<\/blockquote>\n<p>Yellen&#8217;s remarks come amidst a challenging economic landscape. The COVID-19 pandemic has wreaked havoc on global economies, and the United States has \u2062not \u2062been immune \u2063to its effects. \u200dHowever, Yellen argues that\u200b the Biden administration has taken decisive actions to \u200csteer the economy towards recovery and growth.<\/p>\n<p>One\u200c of the \u200bkey actions taken by President Biden was the\u200d passage of the\u200c American Rescue \u200cPlan Act, a $1.9 trillion economic stimulus \u200cpackage. This \u2063legislation provided much-needed relief for\u2064 struggling individuals and families, as well as support for small\u200d businesses and state and local governments. Yellen believes that this injection\u200d of funds into the economy has had a significant positive impact and helped to mitigate the worst effects of the pandemic-induced\u2063 recession.<\/p>\n<p>In addition to the American Rescue Plan Act, the Biden administration has also focused on investing in infrastructure \u200dand green energy. The proposed American Jobs Plan \u200baims\u200c to\u200d create millions of jobs by rebuilding America&#8217;s infrastructure, improving transportation networks, and transitioning the country\u200c towards clean energy sources. Yellen\u2064 argues\u2064 that this \u200cinvestment not only addresses critical infrastructure needs but also ensures a sustainable and\u2063 competitive economy for the future.<\/p>\n<p>Furthermore, Yellen emphasizes the importance of President Biden&#8217;s proposed budget for \u2062fiscal year 2022. The\u200d budget\u2062 seeks to address \u2063long-standing economic inequalities, invest in education and healthcare, \u2063and \u2063strengthen the \u200dsocial safety net. Yellen asserts that these measures are essential for fostering a more inclusive \u200deconomy that benefits all \u200cAmericans, especially those who have \u200dbeen historically marginalized or disadvantaged.<\/p>\n<p>While some critics argue that the Biden administration&#8217;s \u2063economic policies could lead\u200b to inflation and excessive government\u2064 spending, Yellen maintains that these concerns are \u200bunfounded. \u2062She points to the careful balance struck between\u2064 addressing immediate economic needs\u200c and ensuring long-term fiscal\u2062 sustainability. Yellen also highlights the importance of tax reform and making sure that the wealthiest individuals and corporations pay their fair share.<\/p>\n<p>As the Treasury Secretary, \u200dYellen\u2063 recognizes the need for effective\u2064 communication\u2063 to ensure that the public is aware of the administration&#8217;s efforts and\u2064 the progress being made. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/yellen-claims-its-our-job-to-explain-what-bidens-done-to-improve-the-economy\/\" title=\"Yellen claims 'it's our job' to explain what Biden's done to improve the economy\">recent polling data showing dissatisfaction<\/a> with the state\u200d of the economy among young voters underscores the\u2064 importance of this task. Yellen&#8217;s\u2062 commitment to explaining\u2064 the steps taken by President Biden reflects a\u2063 proactive approach\u2062 to engaging with \u2062the \u2064public and addressing their concerns.<\/p>\n<p>In conclusion, Treasury \u2064Secretary Janet\u2062 Yellen calls for a better understanding and appreciation of President \u200dBiden&#8217;s economic progress. Despite the challenges posed by the ongoing pandemic, the administration\u200b has implemented policies \u2063aimed at revitalizing the economy and building\u200c a\u200d more equitable and sustainable future. Through measures \u200dsuch \u200das the American Rescue Plan Act, the \u200cproposed American Jobs Plan, and the \u2062fiscal year 2022\u200c budget, the Biden administration is working towards creating opportunities and improving the lives \u2064of all Americans. \u2064It is \u200cvital to\u2064 communicate these efforts effectively to foster public understanding and\u2064 support for the President&#8217;s agenda.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Treasury Secretary Janet Yellen said Monday that she believes &#8220;it&#8217;s our job&#8221; to explain to voters what President Joe Biden has done to address the economy, which many voters believe is not doing well. Yellen was asked about recent polling data that found 59% of voters under the age of 30 would rate the current<\/p>\n","protected":false},"author":1,"featured_media":2103818,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2103817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2103817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2103817"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2103817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2103818"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2103817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2103817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2103817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}