Biden Tells Americans “Don’t Panic”

Enough is enough already. All of the top economic experts across America have warned President Biden that there is a very high risk of a recession happening however President Biden and his team continue to gaslight the American people by trying to convince them that recession is unlikely.

President Biden’s Commerce Secretary Gina Raimondo blatantly stated that she does not believe the United States economy is heading towards a “serious recession.”

In transcript provided by Breitbart, Raimondo told ABC News, “So let me say this, the economy, in the past year, year-and-a-half, has been growing at unprecedentedly high rates, 5, 6%. I don’t think that we should expect that, right, I think it’s normal to think as we continue to come out of the pandemic we will transition to a more — to a robust growth, but a more steady growth.”

“So I do think at some point, you know, we will see a less rapid growth in the economy, but I don’t see any reason to think that we will have a serious recession, in fact — you know, by no measure, right? We recovered all the jobs since the pandemic. People’s household balance sheets are strong. Companies are doing well. Companies are hiring. Companies are growing.”

Biden and his team claim that they don’t think a recession will happen. Many political experts are warning that it is very likely. We will see who is right soon enough.