It's the Brian Larrowa Show on WNYC. Good morning everyone. Everyone expected a recession.

The Fed and the White House found a way out. That's the headline on a Washington Post article

that sums up one of the biggest things that did not happen this year.

A recession did not happen.

The problem for President Biden politically is things that don't happen usually don't make news, right?

If the plane doesn't crash on the way to your vacation spot, you don't write home to say,

hey, guess what didn't happen on my way here?

If you're not diagnosed with cancer, you don't send Christmas cards announcing that you did not

get cancer this year. And when a recession doesn't happen voters don't usually

put that on their top issues list and it doesn't usually make headlines except this week

it did in the Washington Post.

Everyone expected a recession.

The Fed and the White House found a way out.

Jeff Stein is the White House economics reporter

for the Washington Post and co-author of that article and he

joins us now. Jeff, thanks for coming on. Welcome back to WNYC.

I'm trying to have me back, it means a lot.

Who predicted what kind of recession in 2023?

So there was this news alert that I'm actually

remember getting in the fall of 2022.

Apologies for the truck outside.

And the headline in Bloomberg was,

...