'Strong as hell': Biden remains optimistic about economy despite recession predictions

by KAYLA GASKINS | The National Desk

Mon, October 17th 2022, 11:09 PM UTC

FILE - President Joe Biden speaks about infrastructure investments at the LA Metro, D Line (Purple) Extension Transit Project - Section 3, in Los Angeles, Thursday, Oct. 13, 2022. (AP Photo/Alex Gallardo, File)

FILE - In this June 15, 2018, file photo, cash is fanned out from a wallet in North Andover, Mass. The economy shrank in the first half of this year, underscoring fears of a broad-based slowdown that could lead to a recession. At the same time, the number of people seeking unemployment benefits fell to a five-month low. Inflation, meantime, remains near its highest level in four decades, though gas costs and other prices have eased in recent weeks. (AP Photo/Elise Amendola, File)

FILE - This Aug. 11, 2019 file photo shows Visa credit cards in New Orleans. Credit limits aren't always there when you need them. The economy shrank in the first half of this year, underscoring fears of a broad-based slowdown that could lead to a recession. At the same time, the number of people seeking unemployment benefits fell to a five-month low. Inflation, meantime, remains near its highest level in four decades, though gas costs and other prices have eased in recent weeks. (AP Photo/Jenny Kane, File)

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FILE - President Joe Biden speaks about infrastructure investments at the LA Metro, D Line (Purple) Extension Transit Project - Section 3, in Los Angeles, Thursday, Oct. 13, 2022. (AP Photo/Alex Gallardo, File)

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