Biden Says ‘Very Slight Recession’ Possible, Though He Doesn’t Anticipate It

Biden Says ‘Very Slight Recession’ Possible, Though He Doesn’t Anticipate It
President Joe Biden delivers remarks after touring Volvo Group Powertrain in Hagerstown, Md., on Oct. 7, 2022. Chip Somodevilla/Getty Images
Lorenz Duchamps
Updated:
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President Joe Biden admitted on Tuesday there’s a possibility a “very slight recession” could happen in the near future, though he reiterated that he doesn’t believe it will actually happen in the United States.

In an interview aired on “CNN Tonight,” Biden said Americans shouldn’t be afraid amid growing risk and fear of a global recession, arguing the United States is “in a better position” economically than any other major country in the world.
Lorenz Duchamps
Lorenz Duchamps
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Lorenz Duchamps is a news writer for NTD, The Epoch Times’ sister media, focusing primarily on the United States, world, and entertainment news.
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