Yellen's Optimism: Bidenomics, Inflation, and Economic Risks

Treasury Secretary Janet Yellen's visit to a Las Vegas training center highlights the challenges of selling President Joe Biden's economic policies to voters. While Biden's clean energy tax breaks and infrastructure investment have led to job creation and economic benefits for some, recent polling shows that many Americans feel the economy is worse or are unaware of the administration's investment bills. Yellen's visit received limited media coverage, raising questions about the administration's approach to swing states like Nevada, which could be crucial in the 2024 election. The impact of Biden's policies may take time to be fully felt and accepted by voters, but with dropping inflation and unemployment rates, sentiment about the economy may become more favorable to Biden in the lead-up to the election.