Trump Adviser Dismisses 'Silly' Economic Polls, Points to Cheaper Burger
Summary
White House economic adviser Kevin Hassett said that recent polls showing people losing confidence in President Donald Trump’s economic policies are not accurate. He pointed to lower grocery prices, like cheaper hamburgers, and official reports of strong economic growth and job gains as signs that the economy is doing well.Key Facts
- Polls since the Iran war began show more people think Trump’s economic policies have hurt the economy.
- An NBC News poll found 55% believe Trump’s policies hurt the economy, while only 26% believe they helped.
- A Fox News poll found only 23% of people say the economy is in good or excellent condition.
- Hassett called these polls “silly” and said the economy is “really strong.”
- He mentioned grocery prices dropping, such as a $2 decrease in hamburger prices.
- The Federal Reserve raised its economic growth forecast for the third quarter from 4.4% to 5.1%.
- The U.S. added 162,000 jobs in August, more than expected, according to the Labor Department.
- Inflation remains high at 3.4% over the past 12 months, though beef prices fell slightly from July.
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