President Joe Biden grew defensive at the White House on Thursday after insisting the United States economy is not experiencing a recession on his watch.
“That doesn’t sound like a recession to me,” he said after reading a list of positive economic news off of his notecard.
The president spoke about the idea of a recession after the GDP numbers released Thursday showed the economy shrunk 0.9 percent in the second quarter of 2022.
He pivoted to positive economic news. Biden pointed to “record” low unemployment rates of 3.6 percent and business investments in America at “record” rates.
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