Hassett dismisses negative economic polls: ‘We are in a boom’
Summary
Kevin Hassett, director of the National Economic Council, said the U.S. economy is doing very well despite recent negative polls. He pointed to strong consumer spending, such as people taking trips and staying at hotels, as a sign of economic health.Key Facts
- Kevin Hassett is the director of the National Economic Council.
- He spoke on CNBC’s “Squawk Box” about the state of the economy.
- Hassett dismissed recent polls that showed negative views about the economy.
- He called the current U.S. economy “in a boom,” meaning it is growing strongly.
- Hassett used examples like people spending money on travel and hotels to show economic strength.
- Consumer spending is an important way to measure economic health.
- The comments reflect a positive view from the U.S. government’s economic team.
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