Kevin Hassett, the Director of the National Economic Council, recently shared his positive outlook for the economy in 2026 during an appearance on “Sunday Morning Futures.” His conversation with host Maria Bartiromo revealed key indicators that suggest a bright economic future ahead.
Hassett described the upcoming year as “an absolute blockbuster year.” This bold assertion stems from several encouraging signs, including job reports that surpassed expectations. “It’s gonna be an absolute blockbuster year ahead,” he reiterated, signifying confidence in the economic trajectory.
He provided a notable statistic: the U.S. has enjoyed an average GDP growth nearing four percent over the last two quarters. He acknowledged that a slowdown could occur in the fourth quarter due to what he called a “silly shutdown.” This reference alludes to the impacts of political decisions on economic performance. “We are gonna see a lot of whining from left-wing critics of the President about the fourth quarter,” he predicted, attributing potential downturns to the recent government shutdown.
The National Economic Council Director also pointed out recent trends in corporate investments. Over 20 major groundbreakings for new factories in September and October illustrate that businesses are proceeding with expansion plans. These developments, encouraged by President Trump’s policies surrounding factory expenses, indicate a proactive approach to economic growth. Hassett explained, “Then we saw in September a big surge of construction workers because they’ve got to go build those factories.” This surge not only bodes well for the labor market but also signals that these new facilities will generate jobs in the future.
However, Bartiromo raised a critical issue regarding affordability and inflation. Hassett acknowledged the struggles families are facing, stating, “A typical ordinary family had to spend 20, 25 thousand dollars more every year just to cover the Biden inflation.” This stark statement highlights the challenges consumers experience in the current economy. He emphasized that the Trump administration is addressing these issues, with measures aimed at closing the gap caused by inflationary pressures linked to prior policies.
In summary, Kevin Hassett’s analysis reflects a well-defined sense of optimism about America’s economic prospects in 2026. By citing significant indicators such as job growth and corporate investment, he builds a compelling case for a robust rebound, even amidst challenges presented by political dynamics. His remarks resonate with a clear understanding of both the current economic landscape and the impacts of policy decisions on American families.
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