> White House dismisses economic concerns, says market volatility is 'a snapshot in a moment in time'
White House dismisses economic concerns, says market volatility is 'a snapshot in a moment in time'
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White House Press Secretary Karoline Leavitt is calling the volatility in economic markets as “a snapshot in a moment in time.”
Speaking to reporters in the White House briefing room, Leavitt says “We are in a period of economic transition…from the mess that was created by Joe Biden.”
She is touting increases in the automotive industry while pointing to the high inflation that occurred during the early part of Democratic President Joe Biden’s administration.
“When it comes to the stock market, the numbers we see today, the numbers we saw yesterday, the numbers we will see tomorrow, are a snapshot in a moment in time,” she said, repeating Trump’s claim that the U.S. is entering “a golden age in American manufacturing.”
Leavitt did not mention that markets were higher in September, when Biden was nearing the end of his term in office.