Kevin Hassett

speaker
2,210 appearances 195 recordings 16 series first heard Oct 2024 last heard 10 Aug

Kevin Hassett’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
38 · May OctJan 26AprJulnow

Recordings per month over the last 12 months — 154 in all, peaking in May 2026 with 38.

Appearances

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And so we're seeing massive movements.
You've seen the big drug companies, movements of production to the U.S.
that will benefit U.S.
consumers and especially U.S.
workers.
We're seeing real wages already this year going up significantly.
recovering maybe about a third of the ground that we lost under Joe Biden with the high inflation.
And I think that those real wages are going up because we're getting a lot of onshoring.
It's not just because of the big beautiful bills tax cuts, but also because of the onshoring from the tariffs.
Yeah, I mean, it's such a small movement that it's hard to say exactly.
But I would say that one of the interesting puzzles is that, first, we're having a productivity boom that is really unprecedented in the following sense.
When I worked with Alan Greenspan back in the 90s, it was just at the dawn of the computer age, really.
And they didn't even have Netscape Navigator when I first started working at the Fed.
And so you had to use something called Gopher.
I don't know if you're old enough to remember this.
It really wasn't that good.
And Greenspan had an intuition that the computer was going to revolutionize the economy and give us
lots of growth.
It was a big positive supply shock.
And so then when the unemployment rate actually kind of went down, we had no evidence of the productivity.
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