I am very disturbed and have spoken out for many years about the disturbing trend toward rising inequality.
Janet Yellen
The Public Record
Janet Louise Yellen is an American economist currently serving as the 78th United States Secretary of the Treasury, a position she has held since January 26, 2021. She is a member of the Democratic Party and has a distinguished career in economic policy and public service. Yellen previously served as the Chair of the Federal Reserve from 2014 to 2018, becoming the first woman to hold that role. During her tenure at the Federal Reserve, she focused on issues such as unemployment and inflation, advocating for policies aimed at economic recovery following the 2008 financial crisis.
These are squarely, I think, in Congress' court, and I do think they are urgent to address.
I would not want to see those things rolled back. I think it would be very dangerous to do so.
It shows a picture in which, as our population ages, expenditures on Medicare, Medicaid, and Social Security grow more rapidly than tax revenues.
I think that Dodd-Frank provided an excellent roadmap to a series of changes that have led to a far safer and sounder banking system.
I think these programs are deserving of emphasis and can be very successful.
Current spending and taxation decisions will lead to an unsustainable debt situation with rising interest rates and declining investment in the United States that will further harm productivity, growth, and living standards.
My advice would be to focus on all of those factors that determine productivity growth, and that pertains to tax reform and the efficiency with which the economy operates.





