Thursday, December 29, 2022

White House Chief Economist Says Recession NOT Inevitable

 During an interview from his office White House Chief Economist Jared Bernstein expressed optimism that America can stay positive amid economic turbulence. 

In short, be believes "a recession is not inevitable". 

He highlighted recent data suggesting a possible “soft landing” where GDP growth is still up but slower than last year and employment levels remain relatively strong despite diminished vacancies – all adding to what he called a plausible path forward for stable transition.

Read more HERE

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