Kevin Hassett Defends President Trump’s Record on the Economy, “Incomes, Real Incomes are Soaring” – (VIDEO) National Economic Council Director Kevin Hassett defended President Trump’s economic policies, stating that while energy prices are high, core inflation is not increasing, and real incomes are significantly rising. He argued that the best measure of economic health is real wage data, which shows substantial gains for American families since Trump took office. Hassett also addressed concerns about rising gas prices, indicating ongoing negotiations and increased ship traffic that are expected to lead to a reversal in prices and increased US gasoline production.

• National Economic Council Director Kevin Hassett appeared on “Fox News Sunday” to defend President Trump’s economic policies.
• Hassett acknowledged high energy prices but stated that core inflation is not increasing, and real incomes are rising significantly.
• He cited real wage data, indicating typical American families have gained approximately $3,000 after inflation since Trump took office.
• Hassett explained that the Federal Reserve focuses on core inflation, as energy prices tend to fluctuate.
• He addressed concerns about gas prices, mentioning ongoing negotiations and increased ship traffic, which are expected to lower prices and boost US gasoline production.