Brian Deese, the director of President Joe Biden's National Economic Council, faced a bevy of questions at Tuesday's White House press briefing about the administration's messaging on inflation and a recession.
Deese opened the briefing by repeating lines he, Treasury Secretary Janet Yellen, Biden, and other top administration officials have previously delivered: that though Thursday's forthcoming GDP report may show the economy shrank for a second consecutive quarter, the country is still not headed for a recession."Two negative quarters of GDP growth is not the technical definition of recession. It's not the definition that economists have traditionally relied on," he said.
Deese responded by saying he understands those feelings and pledged that the administration is"putting in place the right policies and the right strategies that will help those working Americans, middle-class families, achieve some measure of economic security and economic dignity and be able to have upward economic mobility as well."
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