By Jasmine Browley· Updated November 3, 2022
Last month, President Joe Biden said the economy is “strong as hell,” an assertion that’s incongruent with many economists’ opinions.About 91% of business leaders said in a surveythat they see a recession coming in the next 12 months — with an implication that it will be a bad one. That spells out hiring freezes, job cuts and tight spending restrictions in the near