Kevin Hassett: The Latest Inflation Report Shows ‘the Failure of the Biden Administration to Manage the Economy Well’

SZISH Kevin as you ░░░░░░░░ I know there will ░░░░░░░░ more news on that ░░░░░░░░ coming today but while ░░░░░░░░ have you I do ░░░░░░░░ to get your reaction ░░░░░░░░ the CPI report HASSETT ░░░░░░░░ well what we saw ░░░░░░░░ this was the last ░░░░░░░░ about the failure of ░░░░░░░░ Biden Administration to manage ░░░░░░░░ economy well So we ░░░░░░░░ out last week that ░░░░░░░░ were a hundred million ░░░░░░░░ million fewer jobs in ░░░░░░░░ Biden Administration than we ░░░░░░░░ and we found out ░░░░░░░░ that inflation is way ░░░░░░░░ than we thought In ░░░░░░░░ over the last three ░░░░░░░░ it s averaged 4 ░░░░░░░░ percent because Biden printed ░░░░░░░░ much money So we ░░░░░░░░ going to stop that ░░░░░░░░ re going to stop ░░░░░░░░ money printing money and ░░░░░░░░ re going to have ░░░░░░░░ inflation policy and President ░░░░░░░░ is all head on ░░░░░░░░ right now SZISH Quick ░░░░░░░░ m out of time ░░░░░░░░ interest rate cut yes ░░░░░░░░ no coming HASSETT The ░░░░░░░░ year Treasury rate has ░░░░░░░░ dropped a lot because ░░░░░░░░ Trump s policies So ░░░░░░░░ Fed could do what ░░░░░░░░ Fed s going to ░░░░░░░░ He could advise it ░░░░░░░░ interest rates are already ░░░░░░░░ down because of Trump ░░░░░░░░ Go look at the ░░░░░░░░ year make a chart ░░░░░░░░ All right.”