Press ReleaseJuly 28, 2022

Job Creators Network Reacts to Biden Remarks on Economy

Will Erect New Billboard in Times Square Friday

Washington, DC (July 28, 2022)— Today, President Biden spoke about the economy at a roundtable meeting with CEOs.

Alfredo Ortiz, President and CEO of the Job Creators Network (JCN), released the following statement: 

“President Biden can’t face the harsh truth about what today’s GDP report means about the economy and specifically, how his disastrous policies have thrown the economy into recession. At the start of today’s roundtable, the President talked about how America is experiencing ‘stable, steady growth.’ But there is no growth.  The economy has contracted for two consecutive quarters.  The BBB-Lite deal announced by Leader Schumer and blessed by Biden will exacerbate the recession by spending hundreds of billions of dollars we don’t have Biden refuses to take responsibility for sky high gas prices and inflation.  That’s why on Friday JCN is erecting a new billboard in New York’s Times Square calling out Biden for his appalling ‘leadership.’”

Today, FoxBusiness.com published Mr. Ortiz’s op-ed, Commerce Department confirms recession — Team Biden can run but they can’t hide. To read it, click here.  

At 7:00am ET on Friday, JCN’s new billboard in New York’s Times Square will be up. The billboard features a picture of President Biden with the message, “READ MY LIPS: NO NEW RECESSION.  IT’S THE ECONOMY STUPID.”

View the billboard below.