Biden Signals US Can Avert Recession, But Americans Are "Really Down"

Bloomberg2022-06-17

President speaks in AP interview, cites mental-health needsBiden reiterates US in stronger position than others to copePresident Joe Biden said a US recession isn’t inevitable but acknowledged that ...

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Comments

LEESIMON
2022-06-17
LEESIMON
ok
K74
2022-06-17
K74
Yeah
Bobster
2022-06-17
Bobster
Fact?!? You can say what you like. Truth is you won't be ard in 10 years, let alone 2nd half of the century. US is on a southerly path. Pls do elect another Trump or Biden... that'll put a nail to the coffin
SSVC
2022-06-17
SSVC
K
YauDK
2022-06-17
YauDK
Ye ye
TaiWoeiHaur
2022-06-17
TaiWoeiHaur
Good

Leave a comment

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But most of it’s the consequence of what’s happened, what happened as a consequence of the Covid crisis.”The sit-down was Biden’s first with a print outlet since taking office, and comes a day after the Federal Reserve executed its biggest interest-rate hike in almost three decades in a bid to tamp down ballooning prices. Concerns over inflation and an aggressive response by the central bank have fanned fear of recession and soured Americans’ opinions of the economy and the president -- despite a strong labor market.Biden reiterated his message that the US was “in a stronger position than any nation in the world to overcome this inflation.”“I am confident we’re better positioned than any country in the world to own the second quarter of the 21st century,” Biden told the AP. “That’s not hyperbole, that’s a fact.”Investors are among those concerned about the outlook, with the S&P 500 stock index this week tumbling into a bear market. 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Truth is you won't be ard in 10 years,&nbsp; let alone 2nd half of the century. US is on a southerly path. Pls do elect another Trump or Biden... that'll put a nail to the coffin&nbsp;","listText":"Fact?!?&nbsp;You can say what you like. Truth is you won't be ard in 10 years,&nbsp; let alone 2nd half of the century. US is on a southerly path. Pls do elect another Trump or Biden... that'll put a nail to the coffin&nbsp;","text":"Fact?!? You can say what you like. Truth is you won't be ard in 10 years, let alone 2nd half of the century. US is on a southerly path. Pls do elect another Trump or Biden... that'll put a nail to the coffin","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054710648","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054703571,"gmtCreate":1655425939093,"gmtModify":1676535636042,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054703571","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054476430,"gmtCreate":1655425621020,"gmtModify":1676535635854,"author":{"id":"3580072870029753","authorId":"3580072870029753","name":"YauDK","avatar":"https://static.tigerbbs.com/4e00c10df4000c04392220903422d15f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580072870029753","authorIdStr":"3580072870029753"},"htmlText":"Ye ye","listText":"Ye ye","text":"Ye ye","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054476430","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054443847,"gmtCreate":1655425027589,"gmtModify":1676535635544,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3563667765668803","authorIdStr":"3563667765668803"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054443847","repostId":1130113333,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":123,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1130113333"}