Kevin Hassett
๐ค SpeakerAppearances Over Time
Podcast Appearances
And we believe that we could put the tariffs that we have under alternative authorities like 301 back into place almost immediately should the Supreme Court rule against us.
And so I think that the economy is humming.
The Atlanta Fed says that we're looking at more than 5% fourth quarter.
Let me just jump here and clarify.
Clearly, this is another step in the right direction.
The number of the morning, the CPI,
Oh, maybe coming in a little bit better than expected.
That is a very good number here.
I am really the happiest person ever when the president said I could come and be the director of the National Economic Council.
And coming here every day is a blast.
Trumponomics works and Bidenomics doesn't.
And so we've got lots of good news to report to the American people.
The pot of light is that the Democrats are out there saying things that are false, and they're not holding up charts telling you what's going on.
But we have a chart that showed that the typical family buying a new home saw their mortgage rate go up at an annual rate by $14,000 because of Biden's inflation and the high interest rates that followed from it.
And so, you know, people who have to pay $14,000 a year more just to have their home, of course, they were harmed a lot by Biden.
But already, because we've been getting closer to a balanced budget and leaving interest rates down even before we control the Fed more, that we've saved a couple thousand dollars of that $14,000 already.
The fact is that they've been way behind getting the rates down.
The economy is doing well, but because of all the supply side action that we've taken, we've got high growth with declining inflation.