Biden predicts a recession is "not inevitable"
CBSN
President Joe Biden told The Associated Press on Thursday that the American people are "really, really down" after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are hitting family budgets.
He said a recession is not inevitable and bristled at claims by Republican lawmakers that last year's COVID-19 aid plan was fully to blame for inflation reaching a 40-year high, calling that argument "bizarre."
As for the overall American mindset, Mr. Biden said, "People are really, really down."

Washington — President Trump said early Monday that he is postponing airstrikes on Iran's power plants after "very good and productive conversations" over the last two days about reopening the Strait of Hormuz. However, Iran's foreign ministry denied any such talks. Claire Day contributed to this report. In:












