The Biden White House stick's to its guns with top officials saying we are not in a recession. On Monday, President Biden said, 'God willing,' the United States is 'not coming into recession.' This despite two consecutive quarters of negative growth.
SAN DIEGO – The Biden White House stick’s to its guns with top officials saying we are not in a recession.Treasury Secretary, Janet Yellen, said the economy is a “transition period, not a recession.
”With the looming fear that the US will fall into a recession or we might already be in one Biden flouted the current unemployment rate saying that the unemployment rate “is still the lowest we’ve had in history to the 3.6 area.”Susan Shelley, VP Communications of the Howard Jarvis Taxpayers Association, joined KUSI’s Logan Byrnes on “Good Evening San Diego” to discuss Biden’s recent statement.
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