Janet L. Yellen, the Secretary of the Treasury of the United States, gave a speech on July 27 at the Goeldi Museum in Belem, Brazil.
time.com
Her presentation was part of a meeting of members of the InterAmerican Development Bank and private interests. As might have been predicted, there was a focus on climate change, which, by Yellen's prediction, will cost $3 trillion a year from now until the Net Zero goal of 2050. While the life-long 78 year-old academic economist may not have a grasp of atmospheric chemistry herself, she is surrounded by real experts and able to put into words, perhaps written by others, the impending doom faced by humanity if it fails to heed the advice of the Biden-Harris administration.
In the past, US administrations have been referred to by the name of the President himself. Bill Clinton's terms weren't referred to as the Clinton-Gore presidency, Grant's weren't called the Grant-Colfax or Grant-Wilson administrations. The hyphenated Biden regime is an obvious attempt to legitimize the token that may be living in the US Naval Observatory.
As we implement the IRA and see a boom in private sector investment in clean energy industries across the United States, American companies are also pursuing global opportunities.
Just one sentence in a fantasy. No private sector investment would be made without generous neo-Whig subsidies from the public purse.
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