The U.S. economy has achieved the goal of a “soft landing” as inflation slows without enduring an economic downturn, says Treasury Secretary Janet Yellen. Appearing on CNN shortly after the release of the December jobs report on Jan. 5, Ms. Yellen revealed that she thinks the current economic conditions could be described as a soft landing. “The American people did it,” she said. “The American people go to work everyday, participate in the labor market, form new businesses. But President [Joe] Biden has tried to create incentives that give Americans the tools they need to help this economy grow.” Ms. Yellen noted that President…
