This week’s economic reports are ‘moment of truth’ for Biden

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Every week is a tough week for this White House right now.

But as he recovers from his Covid-19 infection, President Joe Biden faces a new moment of truth this week about an economy that is stuck in an identity crisis and buffeted by unpredictable outside forces — and his White House knows it, as advisers scramble to front-run what many think could be a week of more gloomy data.
“This is not an economy that’s in recession, but we’re in a period of transition in which growth is slowing,” Treasury Secretary Janet Yellen told NBC News on Sunday, though she noted that there are “threats on the horizon.”

Read more at CNN.com

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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!