On Fox News Sunday morning, President Donald Trump’s lead economic policy adviser, Kevin Hassett, dismissed Americans’ struggles to cover the rising cost of living by noting that people are “spending more.”

But Kevin, isn’t that the problem?

When the host questioned Hassett, director of the National Economic Council, on why folks are delinquent on credit card payments at the highest rate in 15 years, he replied, “People are spending more on gas, but they’re also spending more on everything else. Not just groceries but restaurants.”

“That’s a sign that you would see when people are optimistic about the future,” Hassett continued, noting that people........

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