White House official on state of U.S. economy, possibility of recession | full video

Brian Deese, the director of President Biden's National Economic Council, spoke with reporters at the White House Tuesday about inflation, job growth, energy and gas prices and more. Deese noted economic data that he says are "not consistent with a recession."

#news #economy #business

[joe.oneill]

Brian Deese: "Yes, we WERE headed for a recession. However, we were able to avoid it by changing the definition of 'recession'. Everything is fine now. Please don't forget to get vaxxed. I haven't sold my Pharma stock yet."

[westlock]

The mainstream media's definition of a recession largely depends on whether the president is a Democrat or Republican. If this had happened during Trump's administration, they would have adhered rigorously to the two-month definition.

[michealcox]

*Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds*

[charleswilson]

Thank u brandon we love the direction our country's going. We love your transition your force us into. See u at poles in November. If I can afford gas to get there

[J.B..]

Hilarious, they're telling you how they're winning the technology market and the economy is great with the Dow down 250 points in the background.😁

[bobbobbington]

Can't be a recession if we change the definition of, "Recession."

[michaelbogdovitz]

Are we talking about the same economy and country?? Man, If this administration thinks things are going well now I hate to think how they will act when things get really bad.

[NPC]

The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.

-George Orwell,  1984

[JoeL-glie]

When someone is peeing on your head and they tell you it's showering, doesn't take a genius to tell its not water...

[molly__]

What planet is this guy living on? Because it’s not earth… completely out of touch. This administration has to go.

[rj_vas]

Who else is tired of the “kitchen table” line?

[damianrocha]

Everyone have a good day stay positive even when things get tough!! They’re Spending millions on war And slapping us Americans with no help! Some people are trying to make it struggle to pay for bills and gas and food.. Here America 1, 500 stimulus check wait those are our taxes we are getting back.

[gigithompson]

I understand you look at the data but look at what the people are saying in this country the rents have gone Super Sky High rocket people can't even afford to move something has gone wrong here and people want answers not statistics

[MG-ygsp]

These people make Joseph Goebbels look honest.

[stevewyatt]

⠀ People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto as it's retracing ... BE wise

[Joshpower]

Not a possibility, we are in a recession

[gigithompson]

Sorry if I offended anyone that was not my intentions is I think I am frustrated like the rest of us Americans

[Snuffalaffagas]

A recession? We don't use that word anymore...we made up our own definition

[scottgivens]

Ill revisit 7:00 minutes back into video come Thursday, to see if this guy lies like the rest

[eurionwashington]

I predict the greatest depression in US history and it’s happening now.