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Yellen Sees High Gasoline Prices Persisting - WSJ

She said President Biden’s decision to release oil from the strategic petroleum reserve this year was the administration’s main tool to put downward pressure on prices.

What an embarrassing way to end a distinguished career.

That statement is demonstrably false.

Ms. Yellen and other administration officials have recently embarked on a renewed campaign to try to improve Americans’ view of the economy.

Here’s the problem with this strategy of condescension: it starkly conflicts with our everyday lived experience.

You can tell us that everything’s great, but when we see the price sign at the gas station, get our grocery bill at Walmart, or try to buy formula, it’s obvious that the problem isn’t our perception; the problem is reality.

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