VIDEO: Biden Confesses By Mistake
The truth finally comes out.
For months, Republican, economists and financial experts have been warning about about America falling into a recession due to President Biden’s handling of the U.S. economy.
Democrats along with Joe Biden have been making light of the issue and playing it off like everything will be okay.
Now, during a recent interview President Biden finally admitted the truth and said that he thinks we may have a “slight” recession.
In transcript provided by Breitbart, CNN’s Jake Tapper asked Biden, “JP Morgan Chase CEO [Jamie Dimon] said the U.S. is likely to enter a recession in the next nine months. Bank of America says the U.S. could start losing 175,000 jobs a month. Gas prices are on the rise again. Should the American people prepare for a recession?”
Biden responded, “No. Look, they’ve been saying this now how — every six months, they say this. Every six months, they look down at the next six months and say what’s going to happen. It hasn’t happened yet. It hasn’t — there has — there’s no guarantee that there’s going to be a — I don’t think there will be a recession. If it is, it will be a very slight recession, that is, we’ll move down slightly. We’ll — look, think about what’s happened. We have done more — we’re in a better position than any other major country in the world, economically and politically. We still have real problems, but look what we’ve got done. We passed so much legislation that significantly makes a point about, you know, for example, the American Rescue Plan, the legislation to deal with inflation — the Inflation [Reduction] Act. We moved along — I mean, there’s so much that’s been accomplished that the idea that there’s something — there’s an automaticity to recession is just not there. They keep — they’ve been predicting this on and off for the last –.”
That’s when CNN’s Jake Tapper asked President Biden to clarify about his “slight” recession comment. Biden then said that it was possible “It is possible. Look, it’s possible,” Biden said.
WATCH:
Q: “Should the American people prepare for a recession?”
BIDEN: “No…I don’t think there will be a recession. If it is, it’ll be a very slight recession.”
We’re in a recession. pic.twitter.com/Ie1k0fCI5k
— RNC Research (@RNCResearch) October 12, 2022
