Kevin Hassett Says Strong Consumer Spending Contradicts ‘Depressed’ Economy Polls: ‘I Just Don’t Buy It’
Hassett dismisses gloomy polls, citing strong consumer spending, while high prices, fuel costs and weaker job growth fuel voter frustration.
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Why It Matters
A government official says people are spending money like the economy is healthy. But voters feel upset about high prices and job worries, so the real picture is mixed.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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