All posts tagged "Kevin Hassett"

President Donald Trump's top economic adviser was slammed online after claiming in a Fox News interview Friday that towns with data centers thrive.

Kevin Hassett, Director of the National Economic Council, told the conservative outlet that data centers benefit municipalities, despite reports showing they can harm communities.

"Data centers are very good for towns, because they create so many jobs and bring people in with high incomes that can buy houses and stuff like that," Hassett said. "So if you take a sleepy town that hasn't really seen much in the last 30 years and put a data center there, then there are gonna be a whole bunch of happy residents in that town."...

A top economic adviser to President Donald Trump argued Thursday that the economy was "amazing" despite a recent poll showing that most Americans don't agree.

Kevin Hassett, the National Economic Council director, told CNN anchor Pamela Brown that Trump's economy was benefiting Americans. But Brown pushed back on that, citing recent polls that showed the opposite.

"You said just a moment ago, Kevin, that consumers are optimistic," Brown said. "But we have this poll where 77% of Americans say economic conditions are overall poor. That is the lowest of Trump's second term so far. Is this the 'amazing' economy the administration thought you'd all be boasting about when the 'Big, Beautiful Bill' was passed more than a year ago?"...

Kevin Hassett, Director of the National Economic Council, told Fox News on Friday that the economy under President Donald Trump was booming — and hilarity ensued.

Hassett claimed "the Trump boom" wouldn't be reported by "the fake news," and that the One Big Beautiful Bill has massively helped to improve the economy — dismissing affordability concerns among Americans.

"Right now, Wall Street just doesn't understand that the Trump economy is really creating an economic golden age," Hassett said....

President Donald Trump's top economic adviser Kevin Hassett claimed that American consumers are "optimistic" in an interview with Fox News on Tuesday, prompting people to push back online.

Hassett was responding to reports that skyrocketing gas prices amid the Iran war and the rising cost of living have sent consumer confidence plummeting. Earlier this month, he praised how credit card spending was "through the roof" for higher-priced gasoline.

"The thing that I've seen when I look at credit card data and other things that I can get for the private sector, is that while people have been spending more money at gas stations they've been spending more money on everything else, which means that they're very, very optimistic about the state of the economy — and they should be — if you look at GDP right now it's north of 4 percent," Hassett said. "And so despite this disruption, all the momentum that we've built with the Big Beautiful Bill and AI and everything else is really what the main economic story in the U.S. is."...

The internet was stunned by White House economic adviser Kevin Hassett's comments on Wednesday as he bragged about how credit card spending on higher-priced gasoline was "through the roof."

Hassett made the remarks in an interview with Fox Business on Wednesday morning where he discussed the ongoing Iran war, the continued closure of the Strait of Hormuz and the American economy.

Media experts and political voices were shocked by the comments. ...

President Donald Trump posted to his social media Monday telling Americans, "Don't be Stupid!" and even coining a new word: "Panican."

"The United States has a chance to do something that should have been done DECADES AGO," the president wrote. "Don’t be Weak! Don’t be Stupid! Don’t be a PANICAN (A new party based on Weak and Stupid people!). Be Strong, Courageous, and Patient, and GREATNESS will be the result!"

CNN's Sara Sidner commented on the post, "You rarely hear that from someone talking to their constituents, but, there it is." ...