In his State of the Union address, President Joe Biden praised the resilience of the U.S. economy, despite global economic challenges. What Happened: Biden, in his address on Thursday, highlighted the strength of the U.S. economy, which has defied expectations of a recession. The President pointed out that despite concerns about the country’s financial state, the U.S. economy is “the envy of the world.” “The landing is and will be soft,” Biden said. He noted that the U.S. economy has shown remarkable resilience, with inflation dropping from 9% in January and unemployment remaining below 4% for…
