Americans should be reassured by high prices, apparently. Does Trump's team really think we're that stupid | Arwa Mahdawi
The article critiques the notion that high prices for groceries and other essentials are a positive sign for the economy. It highlights comments from Trump's chief economic adviser, Kevin Hassett, who suggests that increased spending indicates optimism among Americans. The author questions the validity of this perspective, given the rising costs and declining consumer sentiment.
- ▪Kevin Hassett, Trump's chief economic adviser, claims that high prices are a good thing for the economy.
- ▪The University of Michigan's consumer sentiment index recently dropped to its lowest point since 1952.
- ▪Hassett acknowledges increased stress on credit cards but frames it positively as a sign of optimism.
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Record
| Original publisher | The Guardian — US |
| Canonical URL | https://www.theguardian.com/commentisfree/2026/jun/03/kevin-hassett-americans-reassured-high-prices-trump-team |
| Publication time | Wed, 03 Jun 2026 10:00:19 GMT |
| Retrieval time | 2026-06-03T10:12:01.667Z |
| Last seen | 2026-06-03T10:12:01.667Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | JpmqsAylknOi |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Expensive groceries are good, apparently. Photograph: Posed by model; Witthaya Prasongsin/Getty ImagesView image in fullscreenExpensive groceries are good, apparently. Photograph: Posed by model; Witthaya Prasongsin/Getty ImagesOpinionDonald TrumpAmericans should be reassured by high prices, apparently. Does Trump’s team really think we’re that stupid? Arwa MahdawiAccording to chief economic adviser Kevin Hassett, living in the world’s richest superpower and witnessing food, electricity and housing become luxury items is a good thingWed 3 Jun 2026 06.00 EDTLast modified on Wed 3 Jun 2026 06.04 EDTShareGod, I love paying high prices at the supermarket, don’t you? I walk outside with a bag of basics that cost approximately 500% more than they did a few years ago and it makes me feel so…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Guardian — US.
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