NEC Dir. Hassett: Iran ‘Not Hurting the U.S. Economy Very Much at All’

TRANSCRIPT:

HASSETT: "The U.S. economy is still through this fundamentally strong, that we’re still seeing strong signs of productivity growth. We had the business roundtable, CEOs in town in Washington about a week ago, and everybody was talking about how solid things look. So the other thing to mention is that Iran's strategy appeared to be that they could hurt the U.S. economy, and then that would make President Trump slow down. In fact, they’re not hurting the U.S. economy very much at all. While gas prices are higher, the economy as a whole is sound. And there’s no way that President Trump’s gonna back down until he sees this through to the end."