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U.S. economy shrank for the second straight quarter, stoking fears of a recession

PBS, 29 Jul 2022
New data out Thursday shows the U.S. economy shrank for the second straight quarter, raising concerns that the nation might be nearing, if not already in, a recession. The White House pushed back against that idea, pointing to strong job growth in recent months. Gene Sperling, a senior advisor to President Biden and the American Rescue Plan coordinator, joins Judy Woodruff to discuss.

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