White House Adviser Hassett Shrugs Off War Impact as “Consumers Hurt”

White House economic adviser Kevin Hassett is facing scrutiny after saying an extended conflict tied to Iran would not significantly damage the U.S. economy—even while acknowledging it would hurt consumers.

According to Bloomberg reporting via Farm Progress, Hassett said the economy would remain stable due to strong domestic oil production, adding that any disruption would be manageable. But in the same remarks, he admitted consumers would feel the impact and officials may need to respond if conditions worsen.

The tension between those two points is driving reaction, especially as energy prices and supply chain concerns continue to rise. Hassett has repeatedly pointed to strong GDP growth, wages, and productivity as reasons for optimism, according to Barron’s and Reuters.

Still, the comments land as Americans face higher costs tied to fuel and goods. The disconnect between macroeconomic confidence and consumer strain is quickly becoming the central issue.

Subscribe free for daily political analysis they won’t broadcast. Join 115K+ readers →