#shorts On 10/18/2022, White House Press Secretary Karine Jean-Pierre said that Biden’s working on the economy every day, “’he’s working on the economy every day … So that’s working on the economy every day.”
Fox News reporter Peter Doocy asked her, “So you said he’s been working on the economy every day for 19 months. Now Bloomberg economists are forecasting a 100 percent chance of a recession. So how is it that we can be barreling towards a recession and the economy is, as the President says, “strong as hell”?”
MS. JEAN-PIERRE: So here’s the thing about the economy — and I’ve said this many times. You’ve heard this from Secretary Yellen. You’ve heard this from Brian Deese, who runs our Economic Council — is that what we are seeing right now is the job market is strong, the labor force is strong. And that is not what we see usually before — before a recession … We are seeing an economy that is going through — to — into a transition with more stable growth, more steady growth. And that is because of the work that this President has done; that is because of the economic policy that he has put forward.