Kevin Hassett says 'Trumponomics' is working despite September jobs miss | Fox News Video
- White House shrugs off September jobs miss as mere statistical noise
- Administration points to federal payroll culls as a feature, not a bug
- Factory construction surge touted as proof of long-term industrial health
- White House doubles down on global oil distribution to tame pump prices
Brief Summary
National Economic Council Director Kevin Hassett hit the airwaves to perform the classic Washington shuffle: explaining away a disappointing September jobs report while insisting the broader economic engine is firing on all cylinders. Despite the cooling numbers, Hassett is leaning hard into the narrative that the administration's deregulation and industrial policies are setting the stage for a manufacturing renaissance.
Why This Matters
You are witnessing the classic tug-of-war between official optimism and the cold reality of the monthly jobs data. When the government highlights factory construction and oil distribution, they are betting that the long-term industrial shift will eventually outpace the current hiring stall. Pay close attention to these numbers, as they serve as the barometer for your own job security and the cost of living at the pump. If these policies don't translate into sustained growth soon, the gap between the White House talking points and your actual bank account will become impossible to ignore.