Posted on 10/13/22
| News Source: FOX45
President Joe Biden says he's not expecting the U.S. to enter a recession.
“I don’t think there will be a recession,” Biden said Tuesday in a CNN interview. “If it is, it will be a very slight recession.”
Biden mentioned recently passed legislation, such as the American Rescue Plan and Inflation Reduction Act, as reasons we might avoid a recession.
“We’re in a better position than any other major country in the world economically and politically,” Biden said.