Kevin Hassett: “The consumer is really, really firing on all cylinders…Credit card spending is through the roof. They’re spending more on gasoline, but they’re spending more on everything else too.”

    https://v.redd.it/2eexwkrfzkzg1

    Posted by esporx

    16 Comments

    1. Shot-Discipline2026 on

      Fux “news” lol.

      [Press Watch](https://presswatchers.org/2021/11/fox-news-is-not-news-say-it-with-me/). [[1](https://en.wikipedia.org/wiki/Fox_News_controversies), [2](https://presswatchers.org/2021/11/fox-news-is-not-news-say-it-with-me/), [3](https://en.wikipedia.org/wiki/Fox_News)]

      >Key points regarding this issue include:

      >**Legal Defense:** Fox News lawyers have argued in court, such as in the 2020 Karen McDougal defamation case (often cited regarding Tucker Carlson), that reasonable viewers understand primetime hosts as providing “opinion” rather than strict “news,” according to [Nieman Reports](https://niemanreports.org/fox-dominion-lawsuit/) and [Wikipedia](https://en.wikipedia.org/wiki/Fox_News_controversies).

      >**Opinion vs. News:** Analysts and critics often differentiate between Fox’s daytime reporting and its, arguing the latter is designed for political advocacy rather than factual reporting, as explained in this Wikipedia entry.

      >**Dominion Lawsuit:** Evidence from the Dominion Voting Systems lawsuit revealed that Fox personalities often doubted on-air claims about the 2020 election in private, while presenting them as truths to viewers, as detailed by Nieman Reports.

      >**Structural Distinction:** While the *Fox Broadcasting Company* produces entertainment content, *Fox News Channel* is a separate cable news channel. The confusion sometimes arises from discussions surrounding how Fox characterizes its programming, notes [Wikipedia](https://en.wikipedia.org/wiki/Fox_Entertainment). [[1](https://niemanreports.org/fox-dominion-lawsuit/), [2](https://en.wikipedia.org/wiki/Fox_Entertainment), [3](https://www.quora.com/Why-is-Fox-News-called-an-entertainment-channel-and-not-a-news-channel), [4](https://en.wikipedia.org/wiki/Fox_News_controversies), [5](https://presswatchers.org/2021/11/fox-news-is-not-news-say-it-with-me/), [6](https://en.wikipedia.org/wiki/Fox_News)]

    2. I hate this entire cabal with the heat of 1,000 suns.

      We tried and tried and tried to tell people this would happen, and regardless of our political leanings – they lumped us all in together as “libtards” and blew us off. Now we are all paying the price for that ignorance.

      Its a struggle to find sympathy – but the smugness of schadenfreude doesn’t pay the bills.

      My only hope is that people wake the F up before its too late.

      Unless it already is.

    3. onceinawhile222 on

      Only this administration would think Americans sinking into debt would be a sign of economic success.

    4. Implimiento on

      Does this guy get paid money to say this shit?

      Does he not realize that CREDIT spending is “through the roof” and so is spending on other items because of the higher prices on oil and other commodities bc of a bs war started to manipulate the stock market?

      I wonder what happens when the average citizen or business CANT pay their CREDIT card bill in the following year, almost like that one time where all those housing mortgages given out to people in 2005-2007 COULD NOT be paid back.

    5. One of the most punchable faces of this admistration.
      We need to remember, they KNOW they are lying. The do not believe this. They are just gleeful that they can lie and lie and lie and people still believe them. While they all get filthy rich at our expense.

    6. FeistyTie5281 on

      Project 2025 progressing as planned.

      Bankrupt every US citizen then buy their assets at one tenth of their value.

      This fucker smiles at how well it’s going so far. Wait until he finds out he doesn’t get a piece of the pie.

    7. He smiles as he says this bullshit because he knows the majority of fox viewers will believe it.

    8. Credit cards are typically the last financial resort for the educated and often times the splurge when economic times are predictable.

      Kevin Hassett has his orders from the WH to lie about the emptiness of our own pockets, but not immunity.

      That’s where most loyalist figure out too late what happens when you keep thinking he’s going to save you.

      Credit cards are last resort before “The average consumer” goes without basic living conditions.

      The gaslighting is out of this world.

      When do the American citizens use the 2nd amendment again or do we have to wait until they “tred on us” or some crap?

      Something about tyranny and “taxation without representation” or some crap.

      Or are they just trying to “Thanos snap” half the population that remembers what it could be so that the incoming generation doesn’t strive to rebuild it or know any better due to the public schooling system?

      You know, if I was a neo Nazi, I too would undo most of the work that was built up in USA after defeating Nazi Germany and undo anything any of my predecessors did so I can simply reinstate it if it upsets my donors, or claim that I fixed it to steal undeserved credit for people who can see right through me and continue to use the “Roy Cohn” method (look it up).

      All while I attack, deny, and claim that I was winning all along and for you.

      Pathetic. And yet, they will still say, “nuh-uh”.

      ![gif](giphy|X3nnss8PAj5aU)

    9. This guy has quite the punchable face. Getting in national TV and floating about everything costing more and credit card debt rising.

    10. Starmiebuckss2882 on

      Lolololololol lolololololol lolololololol lolololololol spending more on essentials = the economy is booming💥!
      -this idiot, probably.

    11. Translation: We fucked up the economy so bad that people are using credit cards to live.

    12. Square-Alternative60 on

      Consumers are running up credit cards cause they know that they are going to max em out then file bankruptcy

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