On the recordJune 15, 2021
Protecting our national security and economic security is paramount.
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congress.govProtecting our national security and economic security is paramount.
Yellen stresses the importance of national and economic security in U.S.-China relations.
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The Biden Administration has driven an historic economic recovery over the past three years.
The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.
I do have concern about where we are going unless we undertake some significant steps to reduce the budget deficit.
I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.