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Top Trump Economist Says Economy 'Amazing' as Polls Show Overwhelming Public Dissatisfaction

A televised confrontation exposes a split between the administration's focus on macro data and voters' reported pain that could heighten political risk for the president.

Overview

  • On Thursday, National Economic Council Director Kevin Hassett told CNN that "the economy does look amazing to me," citing falling inflation, low unemployment, low initial jobless claims, and roughly 4 percent final domestic demand growth.
  • A CNN/SSRS poll released in late July found 77 percent of Americans rate U.S. economic conditions as poor and majorities say Trump has not paid enough attention to national problems and that his policies have made the economy worse.
  • Anchor Pamela Brown pushed back on Hassett during the interview by pointing to the poll and a recent jobs report that showed the economy added roughly half the jobs economists had expected, signaling softer labor-market momentum.
  • Hassett defended the administration's record with claims of about $3,000 in real income gains per family since Trump took office and an "AI-driven" investment boom, and he dismissed the poll's findings as not credible.
  • Coverage by multiple outlets framed the exchange as a concrete example of how official economic messaging can clash with everyday experiences of higher grocery, mortgage and gas costs and suggested the gap could deepen voter unease ahead of November.