Janet Yellen: “the consumer spending we are seeing is not largely being supported by taking on additional debt.”

I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.

the tax cuts passed by Donald Trump and Congressional Republicans... was responsible for many of the problems that we face now with our fiscal trajectory.

We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.

I would certainly call a success.