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Biden adviser Deese sees ‘durable momentum in the economy’ despite delta variant spread

Mount Equity Group Tokyo Japan > News > Markets > Biden adviser Deese sees ‘durable momentum in the economy’ despite delta variant spread

National Economic Council Director Brian Deese discusses the Delta variant’s impact on US economic recovery and the expiring eviction moratorium.

National Economic Council Director Brian Deese on Sunday said that he sees “durable momentum in the economy” despite the spread of the COVID-19’s highly transmissible delta variant.

Deese appeared on “Fox News Sunday” to address the potential threat of the variant on the economy, stating that the U.S. is in a “very different position” now than the “economic freefall” it was in last year.

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“We’re creating jobs at a record pace, jobs are plentiful and wages are going up, and nearly 70% of Americans have gotten the first vaccine,” he said.

“So we are in a fundamentally different place,” Deese said. “We have to stay vigilant, we have to stay focused, but we, our economy, and this recovery are…

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