Top Biden Adviser Says Americans Seeing ‘Very Strong’ Economic Conditions, Deflects On Whether A Recession Is Coming

Posted on AllSides July 18th, 2022
From The Right
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Jared Bernstein, a member of President Joe Biden’s Council of Economic Advisers, on Sunday deflected on whether the United States is bound for a recession.

During an interview with Fox News anchor Shannon Bream, Bernstein was pressed on issues ranging from soaring inflation to the Biden administration’s stalled legislative agenda. When asked about the chances of an economic contraction, Bernstein pointed to a strong labor market and high consumer spending.

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