Updated
Updated · The Independent · Jul 31
Hassett Dismisses Poll Showing 77% See U.S. Economy as Poor
Updated
Updated · The Independent · Jul 31

Hassett Dismisses Poll Showing 77% See U.S. Economy as Poor

3 articles · Updated · The Independent · Jul 31

Summary

  • CNN’s new poll found 77% of Americans rate the economy poor, yet Kevin Hassett said the U.S. economy looks “amazing” and rejected the survey outright.
  • 70% disapproved of Donald Trump’s handling of the economy, 73% on inflation and 79% on gas prices, while 65% said his policies have made conditions worse since he took office.
  • Hassett argued falling inflation, low unemployment and roughly 4% final-demand growth show strong consumer optimism, saying solid spending proves households are not turning cautious.
  • Pamela Brown countered with the latest jobs report, which showed payroll growth at about half economists’ forecasts, underscoring the gap between administration messaging and public sentiment.
  • That disconnect comes as affordability remains voters’ top concern and Trump’s approval has slid to 32%-33% in recent Quinnipiac and AP-NORC polls ahead of the November midterms.

Insights

If unemployment is low and spending is strong, why do so many Americans still say the economy feels poor?
What if cooling inflation matters less to families than the permanently higher cost of rent, food, gas, and child care?