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FOXNEWS FOX Friends First July 7, 2024



rewrite the dictionary. griff jenkins has more in washington, good morning. griff: good morning, americans are bracing for nows we are in recession with dropping gdp numbers. the president says he doesn t see that happening? president biden: we re not going to be in a recession in my view, the employment rate is still one of the lowest in history, the 3.6 area. my hope is we go from rapid growth to steady growths. we ll see some coming down, god willing, i don t think we ll see recession. griff: white house message focusing on how well the economy is doing because of how many jobs have been created. if you look at the economic indicators, the labor market, the average amount of jobs that have been created, about 400 per month, indicators do not show that we are in a recession or even a pre-recession. griff: she s not the only white house official challenging technical definition of a recession. i covered the economy for many years, i was told by everybody i ....

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