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Yo_Mama_Been_Loggin

(138,139 posts) Sun May 31, 2026, 02:25 PM May 31

White House economic director downplays economic anxiety amid higher prices [View all]

Source: ABC News

National Economic Council Director Kevin Hassett painted a rosy picture of the economy Sunday, downplaying Americans' growing pessimism about the economy amid high gas prices and rising inflation as the Iran war goes on.

"Look at what's happening to real wages," Hassett told ABC News' "This Week" co-anchor Jonathan Karl, claiming "really positive news" about the economy was being ignored. "On balance, real incomes, real wages are going up."

The latest report from the Bureau of Labor Statistics showed that wages did not increase at the same pace as inflation in April; wages were up 3.6% for the year and inflation was up 3.8%.

In two recent surveys, Americans' view of the U.S. economy soured.

Read more: https://www.yahoo.com/news/politics/articles/white-house-economic-director-downplays-143535360.html

Asshat needs to step out of his bubble.

24 replies

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Highlight:

White House economic director downplays economic anxiety amid higher prices [View all] Yo_Mama_Been_Loggin May 31 OP

Gaslighting no_hypocrisy May 31 #1

And blatent mgardener Jun 1 #18

Hasslet, the grinning NAZI. dem4decades May 31 #2

That one puts the ASS in Hassett peppertree Jun 1 #20

White House economic director downplays economic anxiety amid higher prices saif May 31 #3

Republicans don't give a fuck about "real wages", or else they'd support tying them to the cost of living. Completely Karasu May 31 #4

Only themselves lol n/t Cheezoholic May 31 #5

Most punchable face in The Beltway... Earth Bound Misfit May 31 #6

"Pay no attention to the man behind the curtain!" sakabatou May 31 #7

wages are up 3.6% for the year? Skittles May 31 #8

Would love to know the median raise... JT45242 Jun 1 #14

Making America Great Again -- for the top 1% es466 Jun 1 #17

right? Skittles Jun 1 #24

Inflation is great for his stocks IronLionZion May 31 #9

Let them eat cake. And how much has he dealt himself Bluetus May 31 #10

This White House economic director . . . what is his income? Aussie105 May 31 #11

Your subject line... skypilot May 31 #12

He's part of the society that uses his money Figarosmom Jun 1 #13

"Asshat needs to step out of his bubble." OldBaldy1701E Jun 1 #15

I hate this guy's smirking face. He is a an asskisser, speaking to an audience of one. I'll let you guess who that is. es466 Jun 1 #16

We are fucked. The National Debt is now greater than the United States G.D.P. Botany Jun 1 #19

Prices of yachts and diamond bangles probably not rising near the % that milk, produce, rent, & kids shoes are Attilatheblond Jun 1 #21

Eat cake, peons. Justice matters. Jun 1 #22

Disingenuous at best: Ol Janx Spirit Jun 1 #23