Biden: US economy has ‘problems,’ but recession not inevitable

President Biden on Monday acknowledged the United States is facing economic headwinds with high gasoline and food prices, but he rejected the idea that a recession is inevitable.At a press conference in Tokyo, Biden rattled off a series of investments that have spurred job growth, including a new Samsung factory in Texas, a new Hundyai operation in Georgia and Toyota commitment in North Carolina.“Now, does that mean we don’t have problems?” Biden said. “We do. We have pro