White House: Jobs Numbers Would Be Better if Rates Were Cut, Don't Match with Rest of Economy, and Might Be Revised Up

On Friday’s edition of NBC’s “Meet the Press Now,” White House National Economic Council Director Kevin Hassett stated that “when we’re looking at all of the indicators, it’s looking like things are running very smoothly and that the economy is on the way up.” And the “weak” jobs numbers don’t match with that, but would if they were revised upwards the way August jobs numbers tend to be, and stated that had rates been cut earlier, “we’d probably be seeing stronger jobs numbers right now.”

Hassett said, “Well, right now, when we’re looking at all of the indicators, it’s looking like things are running very smoothly and that the economy is on the way up. We’ve got industrial production at an all-time high. We’ve got capital spending up 9% over the first half of the year. We’ve got the Atlan