Kevin Hassett, director of the National Economic Council, told Newsmax on Tuesday that Wall Street economists have repeatedly underestimated President Donald Trump’s economic agenda, pointing to new data showing the U.S. economy grew at a robust 4.3% annual rate in the third quarter.
Appearing on “Rob Schmitt Tonight,” Hassett cited a Bloomberg survey showing that nearly all forecasters missed the latest growth surge.
“Sixty-one out of 62 people were polled by Bloomberg – came in way below the number,” Hassett said. “And I was so interested by that fact, I asked my staff to look today.
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