United States President Joe Biden asserted on Thursday that a recession is "not inevitable" for the American economy, APA reports citing Associated press.
J.Biden reiterated that the US is the best-equipped nation "to overcome this inflation" and to "own the second quarter of the 21st century."
The American president again blamed the current situation on the effects of the coronavirus pandemic, labeling Republicans' claims that his administration's economic stimulus package was responsible for soaring inflation as "bizarre."
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