Biden brushes off Elon Musk's warnings about the economy

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Biden brushes off Elon Musk's warnings about the economy
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Joe Biden brushed off economic warnings from Elon Musk and JPMorgan Chase CEO Jamie Dimon as he touted May's jobs report, saying the nation is likely to see more moderate gains as his administration struggles to get a handle on high inflation. 9News

and JPMorgan Chase CEO Jamie Dimon as he touted May's jobs report, saying the nation is likely to see more moderate gains as his administration struggles to get a handle on high inflation.

about the economy and wants to cut about 10 per cent of jobs at Tesla and Dimon's warning that the economy is headed for a "hurricane.""While Elon Musk is talking about that, Ford is increasing their investment overwhelmingly. I think Ford is increasing investment building new electric vehicles, 6000 new employees - union employees, I might add - in the Midwest. The former Chrysler corporation ..they are also making similar investments in electric vehicles.

The President assured the American people he was doing "everything I can on my own to help working families during this stretch of higher prices," but urged Congress to pass proposals he has put forward to lower costs.

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