In a recent Fox Business interview, Kevin Hassett, the Director of the National Economic Council, defended the state of the U.S. economy, asserting that increased consumer spending indicates resilience despite rising prices at gas stations and grocery stores. He claimed that the current economic challenges, exacerbated by the ongoing Iran conflict, are temporary. Hassett highlighted a capital spending boom and a robust labor supply, attributing these factors to the administration's policies. However, he faced scrutiny regarding the rising gas prices, which have surged to an average of $4.49 per gallon, a significant increase from $2.98 prior to the conflict. While Hassett dismissed negative consumer sentiment data as politically biased, he acknowledged the rising costs of living, including groceries and housing. Recent surveys indicate that only 16% of Americans view the economy positively, and approval for Trump's economic management has declined among Republicans. Hassett emphasized efforts to address inflation and affordability, stating, 'We’ve got to do all of the above to get prices back down.'