Biden scolds Wall Street, defends economic record to unions amid recession fears

Published by
Reuters

By Nandita Bose PHILADELPHIA (Reuters) -U.S. President Joe Biden defended his economic track record at a union convention in Philadelphia on Tuesday amid rising recession fears on Wall Street, as he seeks to deepen relationships with organized labor and improve his approval ratings among Democrats. “Wall Street didn’t build this country, the middle class built this country,” he said, adding that if investment bankers went on strike, not much would happen to the U.S. economy. “I don’t want to hear any more of these lies about reckless spending. We are changing people’s lives,” he said. Worries …

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