The Biden administration finally admitted what we all already know: they were wrong about inflation.
In the words of Biden Treasury Secretary Janet Yellen: “I was wrong then about the path that inflation would take…[there are] supply bottlenecks that have affected our economy badly, that I didn't, at the time, didn't fully understand.”
"It wasn't just the president who got it wrong."
— RNC Research (@RNCResearch) May 31, 2022
After spending MONTHS insisting it was merely "transitory," Biden Treasury Secretary Janet Yellen finally admits they were WRONG to downplay inflation. pic.twitter.com/IlJMvQsbrU
Unfortunately for the American people, it’s an admission that’s over 13 months too late, as inflation is now costing families over $500 per month. And remember, they weren’t just wrong once, but many, many, many times.
It’s worth asking, will Biden finally admit he was wrong? Will there be any accountability? And how can Americans trust the Biden administration when the same people that were so wrong are still in charge? Answer: they can’t.
