Facing criticism from former President Barack Obama and Democrats, the White House Monday said the recent surge in economic growth is clearly a result of Trump Administration policies, even as new polling suggested that the President is not getting seeing benefit of that economic success from voters. “It’s not a sugar high at all,” said White House chief economic adviser Kevin Hassett, who told reporters at a briefing that President Donald Trump’s plans to ease regulations, cut taxes, and push pro-growth policies had obviously shifted the trajectory of the economy. “There was an inflection at the election of Donald Trump,” Hassett said in the White House Briefing Room, who said a “whole bunch of data items” started going in a positive direction soon after the 2016 election, fueling more growth overall. “You don’t have to reach too far for a theory of what happened,” he added. “The unemployment is really low, and we’ve created a capital spending boom,” Hassett said. Pressed about a claim today by the President on Twitter that the nation’s GDP was higher than the unemployment rate for the first time in 100 years – Hassett acknowleged that Mr. Trump might have been guilty of a bit… Read full this story
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