The Hollow Cheerleading for Consumer Spending The White House's latest spin on America's economic health is nothing short of Orwellian.
National Economic Council director Kevin Hassett's boast that credit card spending is "through the roof" is a stark example of how policymakers can manipulate data to fit their narrative, no matter the underlying reality.
Hassett's claim that American consumers are firing on all cylinders is built on a shaky foundation.