Biden insisted that a recession—as many economists have predicted—was not “inevitable” and said every other major industrial country in the world is facing high inflation at the moment.
President Joe Biden acknowledged that two years of the pandemic and high inflation have battered the national mood, during anwith the Associated Press in which he expressed optimism about the economy and said the U.S. was in a “stronger position” than any other country to battle inflation and recession was not “inevitable.”...
The president acknowledged that after two years of the pandemic, Covid deaths, school shutdowns and job losses, the mood of the American people was “really, really down” and there was a need for mental health support. Biden blamed the current high gas prices on Russia’s invasion of Ukraine but insisted that pushing back against Moscow’s aggression was in the best interests of the U.S. and its European allies.
Biden said Putin is trying to “occupy and wipe out a culture of an entire people” in Ukraine and if NATO hadn’t intervened, countries like Poland and the Czech Republic would be next. Biden said he believes that he has the requisite votes to pass a smaller version of his domestic spending bill that previously failed due to opposition from fellow Democrats like Joe Manchin and added that it may help cut down prices for some essentials including prescription drugs and utilities.Speaking about the Republican Party, Biden said when he took office there were “probably 15 sort of traditional, mainstream, conservative Republicans left.
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