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Biden shrugs off recession talk, talks up fighting inflation
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President Joe Biden listens during a meeting with CEOs about the economy in the South Court Auditorium on the White House complex in Washington, Thursday, July 28, 2022. Biden was updated on economic conditions across key sectors and industries. - photo by AP Photo/Susan Walsh
WASHINGTON (AP) — President Joe Biden and his administration went all out Thursday to play down a troubling new economic report that added to the evidence of a recession, trying to pull focus instead to major legislative progress on measures to tame inflation, reduce debt and preserve America's competitive edge. The desire to accentuate the positive reflected the political tensions that are already playing out in the runup to the midterm elections. Republican lawmakers are sounding the alarm that a downturn has already started, a claim challenged by Biden and his fellow Democrats who wanted the public to instead focus on a pair of likely wins in Congress.