In Other News · United States · Politics

Source: Axios

President Trump's economic data keeps getting stronger. His economic polling keeps getting worse by the day.Why it matters: The midterms are less than a month away, and the administration is circling the drain on voters' No. 1 issue.It may be too late to change that, but it's also not clear anyone has much of a plan to try. What they're saying: "If I say 'oh, people are wrong, the economy is great,' then it looks like I'm insensitive. And if I then go into why the economy is great, then it looks like I'm insensitive," National Economic Council director Kevin Hassett said Sunday on CNN's "State of the Union.""It's true that the polls, which have gotten the president's success wrong every time, have been saying that people are looking a little bit depressed about the economy. But if you look at their actions, the actions speak way louder than words," Hassett added, citing spending and default data.The big picture: There is ample evidence the economy is, statistically speaking, relatively strong.💰 Economic growth is solid and accelerating.💪 The labor market is relatively stable.💵 The K-shaped economy is ending as lower-end wages rise.🛍️ Public and private data say consumers are spending more...