Janet Yellen: America can certainly afford two wars, US Treasury secretary says
In an exclusive interview, Janet Yellen urges Republicans to appoint a new House of Representatives speaker to enable greater financial support to be agreed for both Israel and Ukraine.
Hey Janet, is there anything else we can afford? Maybe health care?
"We can't afford to throw money away on frivolous things like Health care for those that aren't wealthy.", entire Fed, in unison.
Or dealing with student loans, or stop doing everything they can to fuck over labor
Right? Besides, we'll be welcomed as heros who financed the victors!
You have healthcare, it's just for the profit of the wealthy regardless of the human cost -- just like the two wars.
Yes, but why should it?
Israel can pay for its own genocide.
No it can't. Israel can only survive on handouts from the USA.
Sounds like Israel needs some personal finance lessons.
Step 1) make a budget
Step 2) cut down on avocado toast
Step 3) stop buying bullets, bombs and missiles to indescriminately use on civilians
Everybody knows this, the government can simply create as much new money as it wants to. The real question is, can the American people afford that?
No, we can't afford shit right now. We went the government to help us out, not see how many fronts we can fuck around on.
We can afford just about all of it, but the ruling class will fight that tooth and nail, because it would strengthen our power as the working class and weaken theirs. Second Thought: Why The Government Has Infinite Money
“Aww, people want the government to help them out? Isn’t that cute. Now shut up and give me more money.”
The Pentagon
If only everyone knew this, but our government and think tanks and schools of economics and corporate media seem to work hard to keep it unknown.
We used to be world leader in education, then we defunded our schools.
We used to lead the world in scientific research, but the funding was cut.
We used to have the world's best infrastructure, then we stopped investing, now its crumbling.
We used to support social mobility and home ownership, now most can't afford rent.
Spending money to fight climate change is looked down upon as an unrealistic hippy fantasy.
But somehow we always have a blank check for war.
We used to support social mobility
When? Under slavery? Under Jim Crow? Under neoliberalism/Reagan?
and home ownership
Maybe to get settlers to move west for manifest destiny.
We supported social mobility during the New Deal era. Many of the New Deal programs continued to pay dividends until they were dismantled by Reagan and the neoliberals.
As for home ownership, the vast majority of new homeowners in the past 3 generations were significantly subsidized by the federal government.
I'm not suggesting these programs were perfect. Take the most glaring example: most of them explicitly excluded black people. Without opportunity for homeownership, our precious black neighbors were ghettoized and locked into poverty. The echoes of this racist policy reverberate loudly to this day.
So I guess what I'm saying is that we need to Make America Great Again. Obviously the charlatan Trump presents no solutions. The neolib and neocon policies are proven failures. The solutions offered by Republican and Democrat parties are cynical and shallow. We need to go back to the policies that make America flourish - New Deal policies - just with a few modern upgrades and significantly less bigotry.
Seems like ethnic cleansing allows you to have a clean slate and hiring literal nazis to do science for you gives you claim for all technological advancements for yourself.
Israel is following your footsteps.
"Brother in war crimes."
Yes yes, we colonized America and genocided the natives. No one is arguing otherwise.
And most of our advances in rocketry came from Operation Paperclip. From ICBMs to the moon landing, we have Nazi scientists to thank.
But what about computers? The postwar generations used their wealth to fund pure science (something we deeply neglect today). It was very costly and took decades, but we invented microtransistors, the internet, wifi, GPS, etc. Every major technology that powers the computer you are using now was funded by hardworking Americans tax dollars.
And I'm not sure what Israel has to do with this, but yes they are following the "war on terror" model that America pioneered. Bomb civilians, label all the victims as terrorists, turn a blind eye to the consequences, and act surprised when your victims desire revenge.
I get your point but I don't think you've ever been a world leader in any of these things.
But my Mom says I'm the most handsome boy in the class!
I really love the comparison of the "space race" firsts. As someone indoctrinated in the US school system I was brainwashed into believing we did everything first, but to find out all we did first was land a person on the moon and then claim total victory is very American of us to do... It's laughable. Russia did basically everything space related first.
Listening to Yellen is great for insomnia but not much else. I swear her superpower is to calmly talk in circles until the oxygen gets sucked out of the room.
Energy Vampire.
If I had a dollar for every time I’ve said this about her, I’d have, like, eight dollars.
One thing democrats and republicans can always agree on is war hawking
The military complex lines up their pockets. Can't say no that
Ah, more evidence for the "uniparty" theory.
That’s the face of a politician whose greatest struggle is picking a cocktail to drink
We’re selling out the future generations. We’ve already sold your kids futures and your grandkids. Now we’re moving onto their grandkids. We’re just kicking McCann further down the road, saying we’ll pay for it in the future with inflation and taxes for the poor in middle class, and tax cuts for the wealthy.
Yellen? Fuck she's so war horny she'll be screamin' to fund more war.
Yeah, baby! Finance the fuck outta the conflict.
Who can keep track of all the beards for the New American Century anymore? Madeleine Albright, Condoleezza Rice, Hillary Clinton, Liz Cheney, Victoria Nuland, Samantha Power, Susan Rice.
I see we can mark off "double down on wartime economy boost" on the recession check list.
She sounds like the polite version of Lockheed Lindsey
Weird flex
This is the best summary I could come up with:
Janet Yellen has told Sky News the United States can "certainly" afford wars on two fronts, as the conflict between Israel and Hamas threatens stability in the Middle East and the US continues to support Ukraine's fight against Russia.
Those elements were key factors behind the energy-driven cost of living crisis that started facing Western economies last year.
She pointed to a big easing in inflation but appealed for Republicans to fill the void left by the removal from office of House of Representatives speaker Kevin McCarthy, in order for greater financial support to flow.
Ms Yellen's remarks followed her visit to the IMF/World Bank conference in Morocco last week when the much-discussed topic was the potential ramifications of the Israel-Hamas conflict.
Read more:'Bodies of tortured dead show Hamas has changed'Couple's desperate messages before massacre revealedHow the war has escalated since shocking surprise attack
When asked if there was more that the US Treasury could do to pressure Iran from not getting involved in the war, Ms Yellen responded: "I know that there are diplomatic conversations that are taking place.
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