Kevin Hassett, National Economic Council director, rejected negative economic polls on CNBC, claiming strong consumer spending shows the U.S. economy is booming.
01Summary
- 01Hassett dismissed recent economic polling during a Monday interview on CNBC’s 'Squawk Box'.
- 02He argued the U.S. economy is 'in a boom' based on consumer spending data.
- 03Hassett said that if polls were accurate, people would not be taking trips to nice hotels.
02Why it matters
This matters because Hassett’s comments signal the White House’s official line on the economy, which could influence policy and public perception amid conflicting polling data.
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