President Joe Biden’s senior adviser Gene Sperling told MSNBC in an interview that people worried about a recession in the United States should overlook the run of softer economic data and instead focus on “more reassuring elements of resilience” in the economy, like the jobs market.
Sperling was asked by the host of MSNBC’s “Chris Jansing Reports” program on June 17 what he thought about many Americans’ “concrete fears of a recession” in light of soaring inflation and a recent survey that showed some 60 percent of CEOs expect a U.S. recession within the next year or so.
