One reporter asked about a growing number of economists voicing concerns that a recession was more likely than ever.
“Not the majority of them aren’t saying that, c’mon, don’t make things up, ok?” He snapped. “Now you sound like a Republican politician.”
“I’m joking, that was a joke,” he added.
Biden stressed that a recession was not inevitable, echoing his administration’s talking points on the issue.
“All kidding aside, I don’t think it is, I was talking to Larry Summers this morning,” he said. “There’s nothing inevitable about a recession.”
Economists at Nomura Holdings Inc predicted the economy would fall into a mild recession by the end of the year, as the Federal Reserve is raising interest rates to combat record-high inflation.