Kevin Hassett, White House Economic Advisor says America is about a trillion dollars better off than it was a year ago and tahe idea of an affordability crisis is a "myth" manufactured by democrats. He cites a boost in wages and an economic boom that has resulted from tariff policies and other Trump Administration mechanisms that the average American does not seem to feel at the gas pump and the grocery store. Meanwhile, the country remains in over $40 trillion in debt. Pres. Donald Trump has touted the financial success of the country on the campaign trail saying the nation is rich and making a ton of money. He also repeatedly states that the gas prices are going to drop soon. Yet, such claims do not square with the current data reality. THE FACTS Is the U.S. thriving economically while people are struggling to make ends meet? Not necessarily. Hassett's claim refers to aggregate economic activity and consumption, not whether individual households feel financially secu...
Nicki Minaj Echoes Unsubstantiated Republican Talking Points About Election Polls, Touts 'booming' economy
(TSN): Rapper Nicki Minaj traveled to Michigan aboard Air Force One to campaign for Republican candidates and participated in an interview with White House Communications Director Steven Cheung, one of President Donald Trump's top messaging strategists. During the exchange, Minaj repeated several arguments frequently advanced by Trump administration officials regarding the economy and election polling. Asked why she believes the economy is "booming" under Trump, Minaj pointed to the president's business history, arguing that he had overcome severe financial setbacks and therefore "surely" knows how to manage the nation's finances. She stated that Trump had "worked his way out of not having a dollar left in the bank," a claim that appears to reference the financial difficulties he experienced during the real estate downturn of the early 1990s. While Trump has frequently discussed the debt and financial challenges faced by his companies during th...