Name: Karoline Leavitt addresses recession concerns
Uploaded: 2025-03-13T02:09:08.000Z
Duration: 2 min 24 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

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So currently, it's the 25th anniversary today of the .com bubble crash.

Uh, there's a lot of concern for a lot of Americans right now about the state of the economy.

President Trump has refused to rule out a recession.

Secretary Lutnick, however, has told us there will not be one.

So can the White House just tell and assure Americans today that there's not going to be a recession?

By saying that first of all, when it comes to the stock market.

The numbers that we see today, the numbers we saw yesterday, the numbers we saw see we'll see tomorrow are a snapshot of a moment in time.

And as President Trump has said, and I'm here to echo the remarks of of this president of this White House.

We are in a period of economic transition.

Under Joe Biden in the previous administration.

Joe Biden left this country in an economic disaster.

Several statistics to point out, the delinquency rate on credit card loans increased 63% under Joe Biden hitting a near 12 year high.

Under Joe Biden, all net job growth went to foreign born Americans.

Real wages declined by 1 and a half% under Joe Biden.

And as we all know, and this administration continues to combat prices soared more than 20% under Joe Biden because of his reckless spending and economic policies.

So we are in a period of transition from that economic nightmare under a president who had no idea what he was doing, never held the private sector job in his life into a golden age of American manufacturing under a businessman and a deal maker in chief and President Donald J. Trump.

Who will be implementing, is implementing the formula that we know works.

Look at President Trump's results in his first term.

If people are looking for certainty, they should look at the record of this president.

That's why the American people reelected him back to this office.

And look at everything that President Trump has already done and his team has already done in just 51 days, the massive efforts to deregulate.

Tax cuts, which we need Congress to pass the Trump economic agenda, the Trump tax cuts, which will unleash economic growth.

And the president also addressed this directly, I will point out as well, uh, when you look at what he said on Air Force One.

Uh, and he said, he wants the American people to have so much money in their pockets, they don't even know what to do with it.

That's the intent of this administration.

And we're working very hard every day on that goal.

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Karoline Leavitt addresses recession concerns

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