Kevin Hassett, Trump’s top economic adviser, shrugged off credit card delinquencies by saying people are ‘spending more’—the same tone-deaf elitism Trump built his entire career attacking. Families are drowning in debt because everything costs more, not because they’re thriving. So much for draining the swamp of out-of-touch bureaucrats.

Source: https://www.motherjones.com/politics/2026/05/trump-economic-adviser-kevin-hassert-american-families-struggling-credit-card-debt-spending-optimistic/