President Biden: Recession Not Inevitable
Clip: 7/28/2022 | 9m 21sVideo has Closed Captions
Is America heading toward a recession or are concerns overblown?
Is the U.S. on the verge of a recession? Well, the country's economy saw a second straight quarterly decline in gross domestic product. That's an indication that the National Bureau of Economic Research could declare a recession. But, the Biden administration is pushing back, saying the economy is heading in the right direction.
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President Biden: Recession Not Inevitable
Clip: 7/28/2022 | 9m 21sVideo has Closed Captions
Is the U.S. on the verge of a recession? Well, the country's economy saw a second straight quarterly decline in gross domestic product. That's an indication that the National Bureau of Economic Research could declare a recession. But, the Biden administration is pushing back, saying the economy is heading in the right direction.
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