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Janet Yellen’s latest bat sh** crazy proposal to spend a jaw-dropping $3 trillion every year to “save the planet” is a classic example of fiscal irresponsibility that is completely disconnected from economic reality. We simply don’t have that kind of money to throw around; we’re already buried under a mountain of debt. Not to mention that these green initiatives are failing left and right, not because they aren’t noble, but because the left keeps shoving them down people’s throats, ignoring market demands and remedial economics. It’s one thing to be environmentally conscious, but quite another to upend people’s lives just to funnel more wealth to elites under the guise of environmental protection and prosperity. For the elites, this isn’t about saving the planet; it’s about padding pockets, and nobody does this better than the doughy-rich, like Janet Yellen.

Janet is the elitist who recently said that grocery prices weren’t that bad.

The New York Post:

Millionaire Treasury Secretary Janet Yellen appeared out of touch when asked about inflation under President Biden — insisting she goes to the grocery store “every week” and isn’t shocked by the skyrocketing prices.

Yellen was quick to shoot down a question about grocery prices, which are up 20% from before the COVID-19 pandemic, during an interview with Yahoo Finance’s Jennifer Schonberger on Monday.

“Have you been to the grocery store lately?” Schonberger asked Yellen in the interview.

“I sure have — I go every week,” Yellen replied.

“It’s sticker shock, isn’t it? Just when you look at shipping costs, those have come down, global food commodity prices have also come down, but food prices still remain high. Should the US invest in agriculture to boost the food supply in this country?” Schonberger asked.

Yellen, who is worth an estimated $20 million, began to reply “No” before Schonberger even finished her question.

“I think largely it reflects cost increases, including labor cost increases that grocery firms have experienced, although there may be some increases in margins,” Yellen continued.

This is the same foolish woman who called inflation “transitory” and later had to walk that back.

Look, it’s hard for bazillionaires to grasp the reality of being unable to afford a package of chicken. When you’re sitting on mountains of cash, the everyday struggles of average folks can seem like a distant, fictional plight. The truth is, throwing people into severe poverty will kill them far more than burning fuel ever could, and Democrats know this, but they just don’t care.

They have bigger fish to fry.

Fox News: 

Treasury Secretary Janet Yellen said Saturday the world’s transition to a low-carbon economy requires $3 trillion in new investment annually through 2050, and that filling the financing gap to reach that level of funding represents the biggest economic opportunity of the 21st century.

Yellen spoke in Belem, a Brazilian city known as the gateway to the Amazon, after meeting with G-20 finance ministers in Rio de Janeiro on Thursday and Friday. She said reaching net-zero carbon emissions goals remains a top priority for the Biden-Harris administration, but that doing so requires leadership from around the world.

“Neglecting to address climate change and the loss of nature and biodiversity is not just bad environmental policy. It is bad economic policy,” Yellen said. “But being so close to the magnificent Amazon is also a reminder that the transition to a lower-carbon global economy is also the single greatest economic opportunity of the 21st century. The transition will require no less than $3 trillion in new capital from many sources each year between now and 2050.”

Wealthy economies around the world provided a record-setting $116 billion in climate finance for developing countries in 2022, about 40% of which came from multilateral development banks (MDBs). Yellen said the banks, which include the World Bank and the Inter-American Development Bank (IDB), were setting new financing targets.

She explained that the financing need is “the single-greatest economic opportunity of the 21st century,” and can be harnessed in supporting sustainable, more inclusive growth – including for countries that are starved for investment.

And just in case you were thinking of trying to retire someday, Janet Yellen has other plans, you silly peasant.

Peter St Onge, Ph.D:

In case you were thinking of retiring some day, bad news from Janet Yellen:

Social Security and Medicare are now underfunded by $175 trillion.

That comes to roughly $1.4 million per American household.

There are only 3 solutions:
– slash beneficiaries
– massively hike taxes, or
– cut everybody’s benefit to poverty level.

We have an out-of-touch, elitist Treasury Secretary, wielding the left’s green agenda as a tool to spend money we don’t have and enrich her pals in the industry beyond their wildest dreams. Meanwhile, this scheme will cause poverty and chaos for everyday Americans. It’s a ruse, a dangerous game that prioritizes wealth over well-being, and it must be soundly rejected. Vote wisely. Your future depends on it.

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