<p>President Joe Biden was caught on video pushing back at a reporter on Monday who asked about a possible upcoming recession.</p>
<p>The incident occurred while Biden answered questions from media while walking on Rehoboth Beach in Delaware when a female journalist asked about some economists who have predicted such a downturn is looming.</p>
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<p lang="en" dir="ltr">WATCH: Biden snaps at a reporter for asking about economists warning of a recession.</p>
<p>“C’mon, don’t make things up&quot; <a href="https://t.co/eqEh2f9fEh">pic.twitter.com/eqEh2f9fEh</a></p>
<p>&mdash; RNC Research (@RNCResearch) <a href="https://twitter.com/RNCResearch/status/1538924537852661762?ref_src=twsrc%5Etfw">June 20, 2022</a></p></blockquote>
<p>&#8220;The majority of them aren&#8217;t saying that. Come on, don&#8217;t make things up, okay? Now you sound like a Republican politician. I&#8217;m joking. That was a joke, but all kidding aside, I don&#8217;t think it is,&#8221; Biden responded.</p>
<p>The exchange came after a Wall Street Journal <a href="https://www.wsj.com/articles/recession-probability-soars-as-inflation-worsens-11655631002?mod=hp_lead_pos1" target="_blank" rel="noopener">survey</a> of a group of economists reported on Sunday that the odds of the nation entering a recession in the next 12 months rank at 44%.</p>
<p>&#8220;Forecasters have raised recession probability due to a number of factors: higher borrowing costs, a blistering pace of inflation, supply-chain problems and commodity-price shocks stemming from the war in Ukraine,&#8221; the report stated.</p>
<p>&#8220;Mostly, however, they see dimming chances that a steeper path of rate increases by the Fed can cool inflation without inducing higher unemployment and an economic downturn,&#8221; the Wall Street Journal added.</p>
<p>In addition to record-breaking gas prices and high inflation, the nation&#8217;s gross domestic product (GDP) declined by 1.5% during the first quarter of 2022.</p>
<p>&#8220;The U.S. economic contraction to start the year was worse than expected as weak business and private investment failed to offset strong consumer spending, the Commerce Department reported Thursday,&#8221; CNBC <a href="https://www.msn.com/en-us/money/markets/first-quarter-gdp-declined-15-25-worse-than-thought-jobless-claims-climb/ar-AAXKVmD?ocid=uxbndlbing" target="_blank" rel="noopener">reported</a> last month.</p>
<p>&#8220;First-quarter GDP declined at a 1.5% annual pace, according to the second estimate from the Bureau of Economic Analysis. That was worse than the 1.3% Dow Jones estimate and a writedown from the initially reported 1.4%,&#8221; the report added.</p>
<p>CEOs of some of the nation&#8217;s largest companies have also expressed concern regarding a coming recession.</p>
<p>&#8220;That hurricane is right out there, down the road, coming our way. We just don&#8217;t know if it is a minor one, or Superstorm Sandy, or Andrew, or something like that. And you better brace yourself,&#8221; JPMorgan Chase CEO Jamie Dimon recently said about a coming recession, NPR <a href="https://www.npr.org/2022/06/14/1104601336/recession-inflation-federal-reserve-ceos-elon-musk-jamie-dimon" target="_blank" rel="noopener">reported</a>.</p>
<p>Tesla CEO Elon Musk wants to slash 10% of jobs at the company due to his “super bad feeling” about the economy, according to a Friday report from <a href="https://www.reuters.com/technology/exclusive-musk-says-tesla-needs-cut-staff-by-10-pauses-all-hiring-2022-06-03/">Reuters</a>.</p>
<p>The United States economy shrank at a 1.5% annualized rate in the first quarter of 2022, according to the <a href="https://www.bea.gov/sites/default/files/2022-05/gdp1q22_2nd.pdf">Bureau of Economic Analysis</a>, which associates recessions with <a href="https://www.bea.gov/help/glossary?title_1=All&amp;title=&amp;page=6#:~:text=The%20NBER%20recession%20is%20a,well%20as%20quarterly%20GDP%20growth.">two consecutive quarters</a> of negative growth.</p>
<p>In a recent email to executives seen by Reuters, Musk instructed Tesla to “pause all hiring worldwide” and said that the company needs to cut 10% of jobs. Tesla currently has more than 99,000 employees, <a href="https://www.nytimes.com/2022/06/01/technology/elon-musk-tesla-spacex-office.html">The New York Times</a> reported.</p>
<p>Microsoft, Coinbase, and other tech companies have also recently <a href="https://www.dailywire.com/news/recession-fears-lead-big-tech-companies-to-pause-hiring-cut-jobs" target="_blank" rel="noopener">announced</a> recent plans to slow hiring over a potential recession.</p>

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Watch: Biden Pushes Back At Reporter Over Recession Warnings: ‘Don’t Make Things Up!’