MSN declares that Janet Yellen is "wrong about everything”.

Photo above - Does Janet Yellen even know where the term "pipe dream" comes from?

How many septuagenarians does it take to screw up the American economy? Janet Yellen is 78 and she was fired by Trump a few weeks ago. But since 1994 Ms. Yellen rode the government merry-go-round between the Federal Reserve and Treasury Department, except for a brief hiatus in 2018.

MSN and “The Hill” would like to remind us of the obvious: during her decades of service, Janet has pretty much been wrong about everything. Today’s complaint begins with manufacturing. Ms. Yellen, now a private citizen, instead of a bureaucrat, bringing manufacturing jobs back to the USA is "a pipe dream”. (See link below)

In case anyone needs to have the hypocrisy made clear Janet was the head cheerleader for President Biden’s CHIP act, which had EXACTLY the same objective - creating manufacturing jobs in the USA. I guess this is only a good idea when your own party comes up with it. If the other party jumps on board, it will never work?

For the record, I am not especially a Trump fan either. He has screwed up enough stuff with his manic bipolar tariffs to fill a history book. And it does take a long time build new factories, train the new workers, and bring everything up to speed? Both the tariffs and Biden’s CHIPs act have the same limitation. Those new factory jobs could happen, but not within the attention span (or lifespan?) of septuagenarians like Yellen. Or Biden. Or Trump. Or Jerome Powell (72) Or Mitch McConnell (81). Or Bernie Sanders. Or Chuck Schumer (74). Or Nancy Pelosi (85) . . . well, you get the idea.

America is a gerontocracy run by - and for the benefit of – career bureaucrats and politicians who are way beyond retirement age for almost any other job. These people born in the first half of the 1900's demonstrate no ability to solve problems like the national debt, failing schools, and reshoring jobs we previously outsourced.

Back to Janet Yellen. In addition to being wrong (or hypocritical) about factory jobs, Ms. Yellen has been a leading enabler of budget deficits, spiraling national debt, tax increases, and throwing big piles of government money at windmills, solar panels, and Tesla's (with tax rebates). At one point Janet was tasked by Biden with calling dozens of corporate CEOs. And tell them to lean on their senators to pass a debit limit increase bill and prevent the imminent government shutdown. Not once has Janet (or Biden, or Schumer, or Jerome Powell) given any hint they regret these financial excesses. Trump wants a higher national debt limit too, just to keep the record straight.

Being wrong about “everything” means not only giving up on factory jobs, but also on inflation, government budgets, homeownership, failing schools, fentanyl addiction, and taking a stand against invasions like the one happening in Ukraine, and the one threatened in Taiwan. Our oldest and most out of touch leaders appear to have abandoned all hope of brighter future for us.

I’m just sayin’ . . .

Opinion: Janet Yellen is wrong about US manufacturing — and pretty much everything else