So says White House chief economist Kevin Hassett

Hassett was speaking on January 6 at the annual meeting of the American Economic Association in Philadelphia and Bloomberg reported his comments over the weekend (more at that link)

  • The administration's computer modeling of the economic effects of the tax plan result in interest rates that "aren't inconsistent with the Fed's current guidance"
  • "If you have a supply side stimulus then it doesn't put upward pressure on prices''

Hassett went fishing over the weekend