Sunday, August 9, 2026
Vol. VIII
Est. 2019

The Mind Shield

News · Opinion · Politics · Analysis

Tapper confronts Trump adviser on mixed economic messaging coming from the administration.

Tapper confronts Trump adviser on mixed economic messaging coming from the administration.
Jake Tapper confronts Donald Trump's economic adviser Kevin Hassett on mixed messages on the economy. Photo: Screenshot/ CNN

CNN host Jake Tapper pressed Donald Trump’s top economic adviser Kevin Hassett on the contradictory messages coming out of the White House about the economy.

As Americans sour on Trump’s handling of the economy, the president and his allies have insisted the U.S. is currently experiencing a historic economic boom, while blaming Joe Biden for the economy’s current state and saying there is still work to be done.

In an interview on CNN’s State of the Union Sunday, Tapper confronted Hassett on the conflicting messages, especially after the disappointing July jobs report showing that the U.S. labor market unexpectedly shed 23,000 jobs, way below economists’ projections of a 95,000 job gain. The Bureau of Labor Statistics also revised down the prior two months’ jobs by a combined 103,000.

“If you look at the overall economy, then things are really, really booming,” Hassett told Tapper when he asked about the weakening job market. “As an example, there are 83,000 construction workers building factories right now. That’s a number that we have never seen before. Initial claims for unemployment insurance are the lowest they have been since World War II.”

Hassett added later in the interview: “Grocery prices are way too high. It started out with we basically printed money and helicopter-dropped it into the U.S. and created a 20 percent inflation in the past. I go to the grocery store, I do the shopping, and I keep an eye on prices every week, and there’s stuff like the price of beef that’s still really, really high and very problematic for people….. and we have still got a lot of work to do.”

Tapper called out Hassett for painting a rosy picture of the economy while also admitting that prices are too high.

“How do you square you saying just now, ‘we still have a lot of work to do,’ with you saying that ‘we are living in the greatest economy’ in your lifetime?” Tapper asked.

Hassett dodged the question.

“People are losing their jobs at the lowest level since World War II,” he answered. “Losing your job is a really bad thing to have to happen to somebody. And the labor force is way bigger than it was back then, so that’s a remarkable piece of data…. We have got capital investment in the U.S. about the highest I have ever seen. And so we have got all the cyclical things that we normally look at, saying that this is an economy that’s in a liftoff stage. And so yes, I stand by it.”

Americans do not agree.

A recent CBS News poll found that nearly two-thirds of respondents said the economy is bad, with 34% calling it fairly bad and 30% very bad.

A majority of 59% said the economy is getting worse, while just 21% believe it is improving.

Three-quarters of Americans said their income is not keeping up with inflation, and 58% reported that Trump’s policies are making them financially worse off.