Money

Fiery response? Biden addresses recession fears

Published

2 years ago

June 21, 2022

ticker NEWS

U.S. President Joe Biden took a shot at a reporter on Monday after being asked about economists who are forecasting a recession

Ticker’s U.S. Correspondent Veronica Dudo filed this report

Beach-strolling President Biden lashed out at a reporter Monday for asking about the possibility of a U.S recession.

Near his vacation home in Rehoboth Beach, Del., “saying a recession is more likely than ever,” Biden relayed to reporter “Not — the majority of them aren’t saying that. Come on, don’t make things up, OK?

“Now you sound like a Republican politician,” the president griped, before realizing how he came off and insisting, “I’m joking. That was a joke.”

“But all kidding aside, no, I don’t think it is [inevitable],” Biden said.

“I was talking to [former Treasury Secretary] Larry Summers this morning and there’s nothing inevitable about a recession.”

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