Kevin Hassett Shrugs Off Inflation Fears, Urges Americans To Focus On Rising Real Wages: 'They Have A Lot

The National Economic Council (NEC) Director Kevin Hassett downplayed the growing concerns about the U.S. economy amid rising gas prices and inflation due to the ongoing Iran war, and urged Americans to look at the larger picture.

Speaking on ABC's "This Week" on Sunday, Hassett said, "What you need to do is smooth through the ups and downs, look at what's happening to real wages," he said.

Hassett highlighted the "really positive news" about the economy, stating that "real incomes, real wages are going up." Despite the economic anxiety expressed by Americans, Hassett maintained that Americans will view their economic situation positively when making political decisions.

"And if they look at their wallets and look at how much money they have after, you know, the increase in prices, they're going to find that they have a lot more money," the Trump advisor said.

Although he acknowledged the strain high energy prices are causing, Hassett expressed optimism that the situation will soon improve.

Speaking on ABC's "This Week" on Sunday, Hassett said, "What you need to do is smooth through the ups and downs, look at what's happening to real wages," he said.

"And if they look at their wallets and look at how much money they have after, you know, the increase in prices, they're going to find that they have a lot more money," the Trump advisor said.

Although he acknowledged the strain high energy prices are causing, Hassett expressed optimism that the situation will soon improve.