According to chief economic adviser Kevin Hassett, living in the world\u2019s richest superpower and witnessing food, electricity and housing become luxury items is a good thing<\/p>\n
God, I love paying high prices at the supermarket, don\u2019t you? I walk outside with a bag of basics that cost approximately 500% more than they did a few years ago and it makes me feel so optimistic about life. What a wonderful thing to live in the US \u2013 the world\u2019s richest superpower \u2013 and witness food, electricity and housing become luxury items.<\/p>\n
Donald Trump\u2019s chief economic adviser, Kevin Hassett, knows what I mean. On Sunday Hassett went on Fox News<\/a> to inform the US public that high prices are good, actually. Trust him \u2013 he\u2019s an economist. Yes, it\u2019s true that last month the University of Michigan\u2019s consumer sentiment index dropped<\/a> to its lowest point since the survey began in 1952 and Americans are feeling grim about the economy. But as Hassett explained, \u201cThe Michigan survey no longer has anything to do with the economy \u2026 it\u2019s just a place where Democrats get to register how angry they are at President Trump.\u201d<\/p>\n Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" According to chief economic adviser Kevin Hassett, living in the world\u2019s richest superpower and witnessing food, electricity and housing become luxury items is a good thing God, I love paying high prices at the supermarket, don\u2019t you? I walk outside with a bag of basics that cost approximately 500% more than they did a few … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-74376","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/74376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=74376"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/74376\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=74376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=74376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=74376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}