Kevin Hassett Quotes


Today we hear that the gains from economic growth accrue to the highest-income earners while the standard of living of the poor and middle America stagnates and the gap between the richest and the poorest grows ever wider. That portrait of the country is wrong.


Citations

Hassett, Kevin A., and Aparna Mathur. "A New Measure of Consumption Inequality." The American, American Enterprise Institute, 1 June 2012.

Related Quotes

The rising tide metaphor refers to the famous quote of John F. Kennedy: {32376}. Generally speaking a growing economy benefits all. However, after the general growth and prosperity of the Clinton administration, the George W, Bush administration produced an economy where the wealthy benefitted greatly, but middle class very little and many of the poor, not at all.


Kevin Hassett
Kevin Hassett
  • Born: March 20, 1962
  • Nationality: American
  • Profession: Economist

Kevin Allen Hassett is an American economist who is a former Senior Advisor and Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019. He has written several books and coauthored Dow 36,000, published in 1999, which argued that the stock market was about to have a massive swing upward. Shortly thereafter, the dot-com bubble burst, causing a massive decline in stock market prices.