US President Joe Biden said Thursday the American people are "really, really down" after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices that are slamming family budgets. But he stressed that a recession was 'not inevitable' and held out hope of giving the country a greater sense of confidence.
"People are really, really down. Their need for mental health in America has skyrocketed because people have seen everything upset," Biden said. "Everything they've counted on upset. But most of it's the consequence of what happened, what happened as a consequence of the Covid-19 crisis."
This story is from the June 18, 2022 edition of Business Standard.
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This story is from the June 18, 2022 edition of Business Standard.
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