Pete Buttigieg says recession is 'possible but not inevitable,' adding the Biden administration is working on expanding production capacity in the U.S.
said recession is"possible but not inevitable," in an interview with ABC's George Stephanopoulos Sunday."Look, it's possible but not inevitable," Buttigieg said."And we're doing everything we can to strengthen the foundations of the American economy." And that means a lot on the supply side."U.S. Secretary of Transportation Pete Buttigieg speaks during the UN Climate Change Conference , in Glasgow, Scotland, Britain, November 10, 2021.
The jobs report raised concerns, however, that the Federal Reserve had a ways to go to fight inflation. in the next six to nine months. "I don't think there will be a recession," Biden added."If it is, it will be a slight recession — that is, we'll move down slightly." "If Republicans in Congress get their way, prices will go up and inflation will get worse," Biden tweeted Sunday."It’s that simple."$739 billion Inflation Reduction Act
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Recession is 'possible but not inevitable,' Buttigieg says as he touts supply chain focusTransportation Secretary Pete Buttigieg said that while a recession is 'possible but not inevitable,' the Biden administration has been focused on working to 'strengthen the foundations of the American economy.'
Baca lebih lajut »
As Democrats try to hold on in November, it's Pete Buttigieg who's in demand on the campaign trail | CNN PoliticsPete Buttigieg -- whose only political experience before his failed presidential bid was serving as mayor of South Bend, Indiana -- has become the most requested surrogate on the campaign trail for Democratic candidates in the midterms.
Baca lebih lajut »
Pete Is ‘In Touch’ With Kim After Kanye’s ‘White Lives Matter’ Shirt Instagram RampageWe love a supportive ex.
Baca lebih lajut »
Visual Effects Society Honors: A Celebration of Community and Call for Diversity and Inclusion, Work-Life BalancePixar's Pete Docter and educator Pam Hogarth were among Friday's honorees.
Baca lebih lajut »
Bupkis: Peacock Shares Pete Davidson, Joe Pesci Preview ImageICYMI: With production underway on the upcoming comedy series, PeacockTV shared a preview image from Bupkis of PeteDavidson and JoePesci. / EdieFalco
Baca lebih lajut »