America Can ‘100 Percent’ Avoid Recession If Biden Makes One Key Policy Shift: Billionaire John Catsimatidis

America Can ‘100 Percent’ Avoid Recession If Biden Makes One Key Policy Shift: Billionaire John Catsimatidis
John Catsimatidis, chairman and CEO of the Red Apple Group, at his office in New York City on Sept. 27, 2022. Adhiraj Chakrabarti for The Epoch Times
Tom Ozimek
Paul Greaney
Updated:
0:00

New York billionaire and refiner John Catsimatidis said that if the Biden administration reversed its hostile attitude toward oil and fossil fuels, America could “100 percent” avoid falling into a recession and inflation would ease.

Catsimatidis made the remarks in a recent interview on The Epoch Times’ sister media NTD, in which he expressed concern about the ability of the Biden administration to shepherd the country through various economic, environmental, and geopolitical crises.
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter
Related Topics