Speaking on Bloomberg TV

He adds:

  • We are seeing really strong economy, strong wage growth
  • He expects real wage growth to accelerate this year
  • we expect to see nominal wage growth above 4%
  • Expects jobless rate to reverse itself after the shutdown\
  • Moving forward on CHina trade talks and there is less uncertainty
  • Pres. Trump has eye on deficits, policies to address it

Earlier on CNBC, Hassett said:

  • Democratic proposals like those from Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez targeting the wealthy are "economically illiterate (OC proposed a 70% tax rate on income over 70%. Warren 2% tax on households with assets over $50M and 3% with assets over $1B),
  • He said he got a "fist bump" from the president on the jobs report and the direction of the economy.

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