Kevin Hassett
👤 SpeakerAppearances Over Time
Podcast Appearances
It's a serious concern to me.
Then your 401k will grow over time as the value of your house grows.
You'll be healthy, have more money for retirement, and you'll have solved the liquidity constraint problem and gotten yourself a house early in life.
We're still talking about the mechanics of it, but suppose that you put 10 percent down on a home and then you take 10 percent of the equity of the home and put it in as an asset in your 401k.
Bottom line right now, I'm looking at the output numbers and we got GDP now north of 5% in the fourth quarter after two 4% the previous quarter.
So I think you got to say that Trump policies are really working.
They're really working and they're working because they're onshoring production.
They're causing factories to build.
And in the fullest of time, I expect that to cause a job blowout in the second half of next year, especially.
I cannot take up that sword again.
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.