i have a question for the prime minister as well. i want to ask you about the economy. during your trip here to asia, you promoted the investment by sam sung and hodai. back home in the united states, americans are dealing with record high inflation. fed raised interest rates to try to address those issues. they re also just enormously high gas prices. given the cross occurrence of the economy. the china lock down, war in ukraine. should americans be prepared for a recession? in your view, is a recession in the united states inevitable? no. why not? look, you re talking about the significant progress we have made and making sure we don t have supply chain back ups about
tomorrow had taken place. also interesting, we continue to await the press conference between president biden and prime minister. i was reviewing comments when joe biden was vice president on a visit to asia and some of the commentary regards what was going on in south china sea was the same. china has been more blunt. in the face of this, has it been kind oof a natural thing that the prime minister has been able to bring the japanese public along on this. that s what is most startling. there seems to be support for this new posture. again, having had the opportunity to go to the islands, japan southwest, talked to a lot of people that are on the what would be the front lines of a war, if china were to invade taiwan and as many experts and japanese government officials expect that japan
would get pulled in to that war, there s a lot of concern for what s happening. the influence that china is as the japanese officials and people here would say is feel like they re forcing it on other countries in the region. you have the security pack that was signed with the solomon islands. a major concern for country ins this region where they see china furthering to expand their influence in the south pacific. the east and south china sea obviously a big concern the territorial dispute with china and the islands. japanese believe it s theirs and china is known believe it s theirs. and you have coast guard ships that are constantly in those waters entering those waters. almost on daily basis at this point. threatening the livelihoods of fishermen, to come from places like trying to make a living.
patrolling japanese territorial waters near taiwan. a trpresence that increased almt every year the past two decades. the japan forced to scramble fighter jets to respond to threatening air space. it s doubled. 110 kilometers away from taiwan i was told by many of the people living there making a living off its coast that china s constant presence in the threat of war right on their doorstep has them worried about the future. according to experts, this isn t a rivalry between the u.s. and china or china and japan. the tension here exists based on how regional powers are going about expanding their influence. take a listen. this is a rivalry between systems. between an expansionist authoritarian, kicktorial military system. as shown beijing operates as it
the 8,000 jobs that honda will be bringing to georgia. 3,000 jobs texas from sam sung. $17 billion investment. toyota, 1,700 jobs in north carolina. on battery technology. the situation where we re at we have created over 8 million new jobs where unemployment is down 3.6%. and so on is so forth. as if they re a problem. imagine what we would be with putin s tax and war on ukraine had we not made the enormous progress. gdp will grow faster than china for the first time in 40 years. we have problems with the rest of the world has. less consequential. because of our internal growth and strength. here s the situation, when it comes to the gas prices, we re going through an incredible