Kevin Hassett Celebrates $1.28 Trillion in Credit Card Debt While Americans Struggle
May 12, 2026
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10:06Now PlayingKevin Hassett Celebrates $1.28 Trillion in Credit Card Debt While Americans Struggle
YouTube Description
as posted by the channelNational Economic Council Director Kevin Hassett went on Fox Business to brag that credit card spending is "through the roof" — calling it proof of a roaring economy.
But Americans now owe $1.28 trillion on their credit cards, serious delinquencies have doubled, and consumer sentiment just hit an all-time low of 48.2.
The Logical Leftist breaks down how the man who once pitched voluntary "Trump Cards" to avoid mandatory rate relief is now counting your survival debt as a White House win.
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