Stop the Gaslighting: Debt is NOT Prosperity

I am writing to express my profound concern regarding the institutional competency of the National Economic Council (NEC). Recent public statements by Chairman Kevin Hassett characterizing record-high credit card debt for survival essentials as an economic "sign of strength" suggest a dangerous disconnect from the empirical reality of American households. When high-ranking officials prioritize anecdotal data from Big Five banking executives over the documented diminishing liquidity of the working class, it raises serious questions about the integrity of the administration’s economic reporting. I urge you to demand the following actions through your oversight authority: - Audit of Data Sources: Require the NEC to disclose the empirical data used to justify the claim that increased credit card usage for non-durable goods (food and fuel) constitutes economic strength. - Equal Protection Analysis: Investigate the disparate impact of current inflationary pressures on low-to-middle-income families who are being forced into predatory interest cycles to meet basic needs. - Formal Correction of the Record: Ensure that executive economic assessments reflect debt-to-income ratios and actual Consumer Price Index (CPI) impacts rather than raw spending volume or banking sector metrics. Government policy must be rooted in objective data, not partisan interpretation or the interests of the financial sector. I look forward to your response and your commitment to transparent, fact-based governance.