✉news BusinessEconomy first seen 16 h ago, last 12 h ago, peak #22
Hassett Disputes Gloom Over Economy, Points to Strong Consumer Spending
Original: Kevin Hassett Says Strong Consumer Spending Contradicts ‘Depressed’ Economy Polls: ‘I Just Don’t Buy It’
Kevin Hassett said robust consumer spending contradicts polls showing Americans feel deeply pessimistic about the economy, saying of the gloomy survey results, 'I just don't buy it.' He argued that people's actual behavior — spending freely — reveals a stronger economy than sentiment data suggests. The comments push back against widespread polling showing weak confidence in economic conditions.
Why now: Economic sentiment polls are drawing attention amid debate over the gap between consumer mood and spending behavior.
Evidence
- Kevin Hassett Says Strong Consumer Spending Contradicts ‘Depressed’ Economy Polls: ‘I Just Don’t Buy It’ · TradingView
- Kevin Hassett Says Strong Consumer Spending Contradicts ‘Depressed’ Economy Polls: ‘I Just Don’t Buy It’ · Benzinga
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