NYC Mayor Adams Bucks Biden Admin, Admits ‘We’re In A Recession’

NYC Mayor Adams Bucks Biden Admin, Admits ‘We’re In A Recession’

New York City Mayor Eric Adams contradicted the Biden administration Thursday, admitting that both New York City and the United States as a whole are in a recession.

Speaking at a meeting of interfaith leaders at the Sanzer Yeshiva in Staten Island, hosted by the nonprofit Project Hospitality, Adams contradicted the Biden administration’s repeated claims that the U.S. economy is not in a recession despite two quarters of declining GDP.

Adams quickly walked back his comments when pressed by reporters, however, saying that he believes the economy will recover and that he trusts Biden.

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During the speech, Adams stressed the need to spend money wisely, comparing the New York City budget to his experience growing up in a poor family. He described how his mother would show him

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