#shorts On 10/19/2022, a reporter asked White House Press Secretary Karine Jean-Pierre, “So we’ve heard you say that the President believes there’s not going to be a recession or could not — might not happen. But a growing number of business folks who are outside this building — Jeff Bezos, yesterday, joining Jamie Dimon, Goldman Sachs’s CEO — why are they wrong then?”

Jean-Pierre: So, look, the President has said this, and I’m going to say this here as well: What he wants the American people to know is, because of the resilience of the economy and be and because of the — our economic plan, we are in a better place to deal with these global challenges, to deal with global inflation than any other, you know, global major company — I’m sorry — major country in the world. And we are in a stronger position to navigate through these global challenges. We see jobs — jobs are — jobs are up. We created 10 million jobs .. so, look, again, the President was very clear: He doesn’t anticipate there being a recession because of those data points that I just laid out.

Q: why are others all wrong? White House: the President very clear: no recession