Joe Biden finally admits economy is slowing down after US ‘enters recession’
Joe Biden finally admits economy is slowing down after US ‘enters recession’
The US economy shrank for the second straight quarter, which meets the long-held view of a recession (Pictures: Getty Images)
The US has technically entered a recession, as President Joe Biden avoids calling it that but acknowledges that ‘the economy is slowing down’.
America’s economy shrank for the second consecutive quarter in the spring, meeting the widely accepted criteria for a recession,…
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