White House braces for grim news on economy

Posted on AllSides July 27th, 2022
From The Left
Julia Nikhinson/AP Photo

The White House is scrambling behind the scenes and in public to get ahead of a potentially brutal economic punch to the face that could give Republicans the chance to declare that the “Biden recession” is under way.

Wall Street analysts, economists and even some in the Biden administration itself expect a report on Thursday to show the economy shrank for a second straight quarter, meeting a classic — though by no means the only — definition of a recession.

Senior administration officials are hitting the airwaves and arm-twisting reporters in private,...

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https://www.politico.com/news/2022/07/27/recession-inflation-gas-prices-biden-00048070

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