
Biden Reiterates Opinion On Inevitability Of Recession
United States President Joe Biden has opened up about the Inevitability of recession in the United States while reiterating his previous opinion that it is not inevitable. He said this on Monday, while acknowledging the economic pain experienced by Americans as inflation soars.
Speaking in Tokyo, Biden replied “no” when asked if a US recession is inevitable.
“This is going to be a haul, this is going to take some time,” Biden said.
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The US economy has recovered strongly from its Covid-19 era shutdown, but the highest inflation in four decades …