Biden: U.S. Will Not Have a Recession This Year or Next Year

President Joe Biden said Wednesday on “PBS NewsHour” that the United States would not have an economic recession this year or next year.

Partial transcript as follow:

WOODRUFF: And I want to ask you about that because the picture you painted last night: unemployment, record low — the growth, the economy, what is it? Inflation is coming down, incomes are rising. And yet when you when you mention the polls, when you look at the polls, CBS poll, 64% of Americans think the economy is in bad shape. There’s an NBC poll, 71% think the country’s on the wrong track. Why the disconnect?

BIDEN: Because the polls don’t matter anymore. You got to make, what, 40, 50 calls and on a cell phone to get someone to answer a poll? Even the pollsters, you talk to them. Ask them what they think about this. Look.

WOODRUFF: So you don’t think it’s your policy?