Biden Claims Recession ‘Not Inevitable,’ Tells Americans They ‘Shouldn’t Believe’ Economist Warnings
WASHINGTON, DC - JUNE 01: U.S. President Joe Biden meets virtually with baby formula manufacturers at the Eisenhower Executive Office Building on June 01, 2022 in Washington, DC.
Kevin Dietsch/Getty Images
President Joe Biden said in a Thursday interview with the Associated Press that a recession is “not inevitable,” instead encouraging Americans to wait and see whether repeated warnings from economists are correct.
The interview came amid a week of poor economic news. The Consumer Price Index (CPI) increased 8.6% year-over-year as of May and the Producer Price Index (PPI) increased 10.8% over the same period in a continuation of record-high inflation. The stock market also entered bear territory and the Federal Reserve hiked interest rates by the highest increment since 1994. Meanwhile, the yield curve inverted, constituting one of Wall Street’s key recession indicators.
Yet despite economists and business leaders sounding the alarm, Biden is still alleging that the economy is not in dire straits.
“You’ve got serious economists who warn of a recession next year… What should Americans believe?” AP White House reporter Josh Boak asked Biden.
“They shouldn’t believe a warning. They should just say: ‘Let’s see. Let’s see, which is correct.’ And from my perspective, you talked about a recession. First of all, it’s not inevitable,” Biden replied before claiming that he reduced the budget deficit and referred to a survey taken last year to allege that Americans have more robust savings.
I will have less of a presence on The Torrid Tribe Community. We have very little activity here. This is a sign to me that members have found other social media resources that they are spending more time in. I am happy to see less censorship on social media in general. I started The Torrid Tribe 4 years ago when we were in a state of censorship and lockdowns. It was a difficult time and this was a haven and sanctuary for so many.
I will be lightly posting things here to give you all content to see. This community will always be open to everyone and will resurrect to its full capacity if subscribers show they want it fully operational again with full time administration.
Thank you for being a part of this community. Sending each of you hugs.
K-
Creator of The Torrid Tribe
Passion is the vibe that I want to bring to this community. I want to enjoy your passion for whatever it is you are into. Let's share what we learn - and learn what each other shares. Foodies unite. I love to cook and share recipes. I will regularly post pictures and recipes are available upon request. I would enjoy discussing your past, present and future journeys. Nature is God and Mother Earth's exquisite gift to us. Share a picture and we will enjoy the beauty through your eyes. Let's get deep and consensual with great subjective matter. This is a non judgemental safe place to let everything hang out.
Thank you for your membership contribution subscription. It sponsors our frequent zooms.
For those members that are enjoying this Community, Please consider subscribing. Your commitment will help this Community thrive.
Thank you and hugs.
Torri
An 8-year-old girl was playing in her backyard in Alpena, Michigan, when a man came out of the woods behind her, covered her mouth, and tried to drag her toward the tree line.
Her 13-year-old brother, Owen Burns, heard her scream from inside the house. He looked out the window, saw what was happening, grabbed his slingshot, and fired twice — first with a marble, then with a rock — striking the attacker in the head and chest. 🎯
The man let go and ran. Owen’s little sister broke free and made it safely back inside.
Troopers later found the suspect, an illegal alien, hiding at a gas station with injuries matching the slingshot strikes — evidence police said helped confirm his identity.
He was charged as an adult with kidnapping, child enticement, assault and battery. Detectives said he admitted he planned to rape and beat the girl.
Michigan State Police called Owen’s response extraordinary. Owen simply said he’d do it again without hesitation. 🇺🇸
This is why so many Trump ...
