Tag Archives: Kevin Hassert

‘How the Trump White House Sees You’: Top Economic Adviser Under Fire for Calling Workers ‘Human Capital Stock’

“They’ve always been indifferent to human life. And in the face of mass death, the masks are coming off.”

By Jake Johnson, staff writer for Common Dreams. Published 5-26-2020

White House economic adviser Kevin Hassett speaks to members of the press. Screenshot: C-SPAN

In a remark critics characterized as further evidence that the Trump administration views workers as nothing more than disposable tools of economic growth and corporate profit, White House economic adviser Kevin Hassett on Sunday nonchalantly referred to laid-off employees as “human capital stock” as he pushed people to return to their jobs amid the Covid-19 pandemic.

Voicing optimism about the potential for a speedy economic recovery even as U.S. unemployment surges to levels not seen since the Great Depression, Hassett told CNN Sunday that “our capital stock hasn’t been destroyed, our human capital stock is ready to get back to work, and so that there are lots of reasons to believe that we can get going way faster than we have in previous crises.” Continue reading

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