Joe Biden: 'We're Not Going to Be in a Recession'

Joe Biden: 'We're Not Going to Be in a Recession'

President Joe Biden responded Monday to concerns about the U.S. economy going into a recession, attempting to reassure Americans about upcoming economic numbers.

“We’re not going to be in a recession, in my view,” Biden said, in response to questions about the upcoming gross domestic product number for the next quarter.

The president spoke with reporters about a possible recession after hosting an event prompting a bill to expand the domestic production of semiconductor computer chips.

Biden pointed to the low employment rate and people continuing to invest to make his case that the economy is still strong.

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“My hope is that we go from this rapid growth into a steady growth,” he said. “So we’ll see some coming down but I don’t

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