Treasury Secretary Janet Yellen Says With a Straight Face That America Can ‘Absolutely’ Afford Another Foreign War

by | Oct 18, 2023 | News

U.S. Treasury Secretary Janet Yellen confirmed the United States’ capability to financially back both Israel and Ukraine in their ongoing military confrontations, in separate interviews with Sky News and Britain’s Sky News. This affirmation comes amid rising global tensions and domestic economic concerns.

Yellen reassured that America could “absolutely” afford to support Israel’s military needs against Hamas, and Ukraine’s efforts against Russian aggression, as reported by Summit News. She emphasized the need to allocate funds for both allies, deeming it a “priority.”

RELATED: Rob Smith: Americans Don’t Support Another ‘Forever War’, Won’t be ‘Bullied Into Blindly Supporting it’

President Joe Biden, echoing this sentiment, reiterated the nation’s “unwavering support” for Israel on X (formerly Twitter), following a brutal terrorist attack carried out by Hamas on October 7.

The President also communicated updates on U.S. military aid and civilian protection efforts to Israeli Prime Minister Benjamin Netanyahu, as the conflict’s death toll escalates, with at least 1,400 casualties in Israel and nearly 2,700 in Gaza, as per CNBC.

Amid a backdrop of economic recovery, with a remarkable 3.8% unemployment rate marking the strongest labor market in half a century, Yellen’s comments underscored the U.S.’s financial standing. Despite the concerning inflation rates, she mentioned that the situation has in her words, improved considerably.

Furthermore, she urged the seating of a Speaker in the House of Representatives to expedite the passage of crucial legislation, following the removal of former Speaker Kevin McCarthy.

NEXT: Smoke and Mirrors: Politicians, Foreign Wars, and the Domestic Decay

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