Biden admits 'slight recession' could happen but says 'I don't anticipate it'

foxnews.com:

President Biden acknowledged the possibility of what he described as a "slight recession" could occur in the near future. It was determined back in July that the U.S.

suffered back-to-back consecutive quarters of negative GDP growth, which has long been the indicator of a recession. However, both the Biden administration and many members of the media have dismissed that long-standing definition.

During an interview on Tuesday, CNN's Jake Tapper asked the president, "Should the American people prepare for a recession?" "No," Biden initially responded. "Look, they've been saying this now-every six months they say this, every six months, they look down at the next six months and see what's gonna happen.

It hadn't happened yet."  He then said, "I don't think there will be a recession. If it is, it will be a slight recession—that is we'll move down slightly." US President Joe Biden speaks at the White House Conference On Hunger, Nutrition And Health in Washington, DC, US, on Wednesday, Sept.