Yellen, criticising Trump, says Biden’s economy has delivered gains


Source: afr.com afr.com

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“Our economic agenda is far from finished,” Dr Yellen said. The Treasury Secretary also took the rare step of directly criticising the policies of Mr Biden’s predecessor and likely opponent, former president Donald Trump. Pointing to Mr Trump’s repeated pledges to rebuild America’s roads and bridges, she recalled how those promises went unfulfilled. “Our country’s infrastructure has been deteriorating for decades,” Dr Yellen said. “In the Trump administration, the idea of doing anything to fix it was a punchline.” Although inflation has been easing, Americans are still coping with prices that are much higher than they were before the pandemic....