Yellen Says Biden’s Policies Helped US Economy Recover From Pandemic

U.S. Treasury Secretary Janet Yellen claimed that President Joe Biden’s economic policies have allowed the American economy to recover from the pandemic and be on the path to becoming stronger than it was before.

“Our plan has worked,” boasted Yellen, who said that “by any traditional metric, we have experienced one of the quickest economic recoveries in modern history.”

However, the lingering effects of the pandemic, rising prices, and a drop in workforce participation, combined with the war in Ukraine, have caused the U.S. economy to slow since the beginning of the year.

Yellen spoke at a Ford Motor Company electric vehicle plant in Detroit during a tour of the Rouge Electric Vehicle Center in Dearborn, which produces the electric-powered version of the classic F-150 Lightning pickup truck.

The White House has been touting its recent success at passing key economic legislation ahead of the midterm elections in November, as the Democrats try to keep control of Congress.

Biden and Democrats are facing uncertainty in the polls this year regarding the economy, as Americans have become increasingly upset with rising prices and higher borrowing rates.

Yellen admitted that more needed to be done to tackle inflation, which she said was the Biden administration’s “top economic priority.”

The treasury secretary told her audience that the White House economic agenda “will put the United States back to full employment in record time” and that cutting domestic carbon emissions would actually be a major boon and not a burden on the economy.

She said that the United States was well on its “way to the future where we would depend on the wind, the sun, and other clean sources of energy” and that “we will rid ourselves of our current dependence on fossil fuels.”

Yellen said that the path to a green economy will be encouraged

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