Biden claims US economy to endure inflation

(MENAFN) A day after slamming the financial industry and large oil companies, United States President Joe Biden claimed the United States Economy is well positioned to withstand inflation.

On Wednesday, Biden sent a message on Twitter, "when I took office, the economy had stalled and COVID was out of control. Since then, we’ve achieved the most robust recovery in modern history."

He also mentioned, "because of that foundation, we’re better positioned to overcome global inflation and reach a new chapter of stable and steady growth."

Biden underlined that unions helped to create the middle class in the United States and that they promote workplace democracy.

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