Donald Trump's Economic Adviser Says that Americans Spending More on Gas and Groceries Is a Sign They Are 'Optimistic About the Future'
Kevin Hassett said higher spending on necessities reflects consumer optimism, while critics pointed to 3.8% inflation and rising food and fuel costs.
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Donald Trump's economic adviser says that Americans spending more on gas and groceries is a sign they are 'optimistic about the future'
Kevin Hassett, President Donald Trump‘s chief economic adviser, recently appeared on Fox News Sunday to explain why he thinks Americans are spending more at the pump and the grocery store. Rather than seeing it as a sign of financial pressure, Hassett argued that the increased spending reflects a population that feels confident about the future. His comments came amid growing public concern over the rising cost of everyday goods. According to Me…
Top Trump Adviser: Rising Gas Prices Show 'People Are Optimistic About The Future'
President Donald Trump’s failure to negotiate an end to his war with Iran has led the administration to now absurdly claim the resulting rise in gas prices are a good sign for the economy.Kevin Hassett, the Trump-appointed director of the National Economic Council, made the claim during an appearance on Fox News Sunday.“People are spending more on gas, but they’re also spending more on everything else—not just groceries but restaurants and so on…

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