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Home Business

White House official on state of U.S. economy, possibility of recession | CBS News

CBS News by CBS News
August 7, 2022
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White House official on state of U.S. economy, possibility of recession | CBS News
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Brian Deese, the director of President Biden’s National Economic Council, spoke with reporters at the White House Tuesday about inflation, job growth, energy and gas prices and more. Deese noted economic data that he says are “not consistent with a recession.”

#news #economy #business

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Comments 43

  1. Black 7 says:
    3 years ago

    expect a full blown civil war in the United States.

  2. Teresa Ellis says:
    3 years ago

    When manufacturing starts laying off and businesses close people will be shocked..wake up

  3. Charles Wilson says:
    3 years ago

    Thank u brandon we love the direction our country's going. We love your transition your force us into. See u at poles in November. If I can afford gas to get there

  4. Roger M says:
    3 years ago

    Negative GDP growth has been true in 'past' recessions and even if it is true, we are not in a recession now 'Janet Yellen ' . So we are in a once accepted definition of a recession but not in this administration's new definition of one

  5. Michael Bogdovitz says:
    3 years ago

    Are we talking about the same economy and country?? Man, If this administration thinks things are going well now I hate to think how they will act when things get really bad.

  6. ALLAN ROSS says:
    3 years ago

    he's a fookin liar

  7. Jim Tuner says:
    3 years ago

    Joe Biden has issued an executive order stating that there will be no recession.

  8. Mike Axel says:
    3 years ago

    CNBC News taking about Investors like Layla Claire and Mike Axel how did I get to want of this investors and how much did I need to invest to make at least $15000 a month?

  9. Susan Tramuttola says:
    3 years ago

    Just open up our oil 🛢

  10. alooga555 says:
    3 years ago

    From September 2021 to July, the Department of Energy awarded three crude oil contracts nearly 6 million barrels with a combined value of roughly $464 million to Unipec America, the U.S. trading arm of Chinese state-owned oil company Sinope. This is also a Chinese firm with ties to Hunter Biden.

  11. David Martinez says:
    3 years ago

    Dept. Of Energy buying part gives me worries, just don't have the words at moment. So, I know the third quarter is still a bit out yet probably good to ask if three will work for your dictionary of recession? Don't worry, since the inflation not transitory then we got time for more quarters. May get a few annuals.

  12. Joe L says:
    3 years ago

    When someone is peeing on your head and they tell you it's showering, doesn't take a genius to tell its not water…

  13. Tony Smith says:
    3 years ago

    Democrats are an oxymoron to themselves….

  14. Ruben Vasquez says:
    3 years ago

    Who else is tired of the “kitchen table” line?

  15. Grayman Bad says:
    3 years ago

    Hey Biden ever hear of a RAPE TREE? You’re building them all over the Border 😳

  16. Scotty2Quady says:
    3 years ago

    Ill revisit 7:00 minutes back into video come Thursday, to see if this guy lies like the rest

  17. J P says:
    3 years ago

    Why don't you care about 5 and 6 year old's being raped at the border and sold into sex slaves! Report some real news for once!

  18. Steve Wyatt says:
    3 years ago

    ⠀ People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Crypto as it's retracing … BE wise

  19. Samantha S says:
    3 years ago

    Worst administration ever.

  20. Cesar Adonais Quintian Pacheco says:
    3 years ago

    Is augment posibilities of buy? But down the cost of money if i give more money, and the comerciants ve first rules of dependance of nation and his panic is increase pryces

  21. Cesar Adonais Quintian Pacheco says:
    3 years ago

    Ve not

  22. Cesar Adonais Quintian Pacheco says:
    3 years ago

    License of spender, injection of moneys because the new cost of live to bussiners and the journal is not a charge , and our desire is comolete europe buy dollars usa buy euros

  23. Cesar Adonais Quintian Pacheco says:
    3 years ago

    Biconomu, o groupcominy

  24. M G says:
    3 years ago

    These people make Joseph Goebbels look honest.

  25. G.G. Hochstetler says:
    3 years ago

    Almost every definition of recession includes the example “A fall of GDP growth

    a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
    "the country is in the depths of a recession"

    This just shows that these people are living in a fantasy world.

  26. Damian Rocha says:
    3 years ago

    Everyone have a good day stay positive even when things get tough!! They’re Spending millions on war And slapping us Americans with no help! Some people are trying to make it struggle to pay for bills and gas and food.. Here America 1,500 stimulus check wait those are our taxes we are getting back.

  27. Chris Pliskin says:
    3 years ago

    A recession? We don't use that word anymore…we made up our own definition

  28. Molly says:
    3 years ago

    What planet is this guy living on? Because it’s not earth… completely out of touch. This administration has to go.

  29. Vivian Rosa says:
    3 years ago

    Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $9,000 investment every 21days.

  30. Richards Family says:
    3 years ago

    BRIAN DEESE was RATTLED!
    He wasn't as cocky as the day he announced AMERICA was going to kneel to the LIBERAL ONE WORLD ORDER! ❤️🙏

  31. NPC #1337 says:
    3 years ago

    The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.

    -George Orwell, 1984

  32. Ted fedders says:
    3 years ago

    It is an insult to the intelligence of US citizens to stand up and LIE about the recession we are in. Yellen and the Fed are a bunch
    os sociopathic lying morons who think "we the people" are stupid.
    2 quarters of GDP loss is a recession. This is a fact. Our country is being run by alcoholics,
    drug addicts, pedophiles, and sociopathic liars. Just sickening.
    Pass out the barf bags.😝😝😝

  33. Bob Bobbington says:
    3 years ago

    Can't be a recession if we change the definition of, "Recession."

  34. rosana maia says:
    3 years ago

    _Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, BTC is positively changing people's lives. I stopped panicking about my BTC the very moment I started working with Kennet Gibbs last year, his confidence and skills is on a maximum level…

  35. Coweta Score says:
    3 years ago

    Liars liars pants on fires

  36. Howard Glen says:
    3 years ago

    The mainstream media's definition of a recession largely depends on whether the president is a Democrat or Republican. If this had happened during Trump's administration, they would have adhered rigorously to the two-month definition.

  37. Joshpower57 says:
    3 years ago

    Not a possibility, we are in a recession

  38. Fred M. says:
    3 years ago

    Recession is only for lazybones Sir

  39. Fred M. says:
    3 years ago

    Inflation is only for lazy people only

  40. Fred M. says:
    3 years ago

    Silicon valley San Francisco California Sir

  41. Primus Pilus says:
    3 years ago

    The ONLY large, well-funded state-like entity in the world that is doing marvelously well and is thriving is the Mexican drug cartel. They should be eternally grateful to the Mexican and Chinese Governments AND, of course, the Biden Administration.

  42. Michael B says:
    3 years ago

    What a terrible tie who dresses this guy

  43. Wayne Hand says:
    3 years ago

    Recession.

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