Hassett Blames High Prices on Biden as Economic Pressure Continues

The National Economic Council Director Kevin Hassett was grilled on Fox News about the rising cost of living, and he immediately pointed to the 'huge inflation that we inherited from Joe Biden.'

Hassett argued that current data shows a big reduction in inflation, but prices are higher due to past inflation. He defended President Donald Trump's statement that the economic pain is an 'inexpensive price to pay for what we've done,' citing foreign threats.

The conversation quickly grew tense as Hassett refused to acknowledge the reality on the ground, saying 'stuff is too expensive right now.' Experts suggest the financial pressure will stick around, with the Federal Reserve increasing its benchmark interest rate and economists predicting a permanent shift in inflation and interest rates.