(NewsNation) — NewsNation business contributor Lydia Moynihan discusses what President Joe Biden said while visiting blue-collar workers in Ohio on Wednesday and what it means for the possibility of a recession in the U.S.
Biden showcased a final rule tied to his $1.9 trillion coronavirus relief package that protects pensions, ensuring full benefits for 2 million to 3 million workers and retirees.
“The read on this is that he’s trying to take control of the narrative and turn the ship around and get people to feel confident that he’s really controlling what’s happening in the economy, that he can manage inflation,” Moynihan said during an appearance on “Rush Hour.”
Biden was in Ohio to make his political case that he’s been a champion for workers in the White House.
Americans’ savings dwindle as inflation continues to soar
“But the bottom line is that more than half of…
