United States President Joe Biden remarked in a column he wrote for The Wall Street Journal (WSJ) that was published on Thursday that his country's output recovery "has been the strongest of any major economy," which is why he "fought so hard to bring Democrats and Republicans in Congress together to compromise on the budget and prevent a catastrophic default" and a recession.
"Since I took office, our economy has created more than 13 million jobs, including nearly 800,000 manufacturing jobs. We added 339,000 jobs last month alone. The unemployment rate has remained below 4% for 16 months—a level the nonpartisan Congressional Budget Office said in February 2021 it wouldn't reach until 2026," Biden stressed.
"Our hard-won progress over the past two years has reaffirmed my bedrock belief that it is never a good idea to bet against hardworking Americans or the American economy," the president concluded.