Biden Insists There’s No Recession as He Confronts Latest Economic Risk - The New York Times


7/27/2022 12:00:00 AM2 years 9 months ago
by Jim Tankersley

Officials have tried to ditch a shorthand definition for what constitutes a recession and reassure skeptical voters about the U.S. economy.

Mr. Biden has tried for more than a year to persuade Americans that the economy is strong and that inflation, which has been running at its fastest pace in 40 years, will fade. He has emphasized rapi… [+2882 chars]

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