JustRedPillMe
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Joe Biden Said He Doesn't Think There Will Be a Recession
| Claim: | Joe Biden Said He Doesn't Think There Will Be a Recession |
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| Rating: |
True
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| Finding: | I don't think there will be a recession-if it is, it'll be a very slight recession. |
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COMPLETE REDPILL(true) |
In a CNN interview which took place on Tuesday, Oct 11, 2022, when asked by CNN journalist Jake Tapper:
Should American people prepare for a recession?
Joe Biden responded with:
I don’t think there will be a recession—if it is, it’ll be a very slight recession.
A recession is typically and historically defined as two quarters of negative GDP growth. In the first quarter of 2022, the GDP declined by 1.6%, in the second quarter of 2022, the GDP declined by 0.6. This meets the generally accepted requirements of what a recession is.
Links to Evidence:
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COMPLETE REDPILL(true) |