White House press secretary Karine Jean-Pierre responds to FOX Business' question on recession fears by touting the economy is 'building back up' and 'growing.'
FOX Business' Grady Trimble asked the White House press secretary Wednesday about Americans' recession fears.White House press secretary
Karine Jean-Pierre touted economic growth when asked by FOX Business Wednesday how the president will address recession fears. "There are concerns that the big tech layoffs and the banking layoffs will spill over into the broader economy,"told Jean-Pierre. "When the president speaks about the economy tomorrow, how will he address those fears and the fears of a recession?"
While the press secretary first acknowledged Americans’ "fears" before arguing that jobs and inflation data prove the economy is "building back up" since Biden’s time in office. "We understand the fears. But what I will say is that and I've spoken to this a couple of times, that there is data, job data that we have seen, job opening data that we have seen where layoffs remain [at a] record low," Jean-Pierre responded. "I've talked about the consumer price index. I've talked about the PPE numbers that we have seen as we've seen inflation continue to come down over the last six months.
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