Tag: unfazed
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Biden unfazed by worse-than-expected GDP
President Biden said he is unsurprised by the worse-than-expected gross domestic product figures reported Thursday and offered assurances that the U.S. economy is on the right path. Second-quarter GDP dropped 0.9%, putting the U.S. in recession territory after the second straight quarter of economic contraction. “Coming off of last year’s historic economic growth – and…