"Smiley" Hassett has the economy all figured out and everything's great!

The thing I've seen is that while people have been spending more money at gas stations, they've been spending more on everything else, which means that they're still very, very optimistic about the state of the economy."

Yay for inflation! Yay for everything costing more!

One problem, though, as Aaron Rupar points out: consumer sentiment is at an all-time low.
Sorry, Smiley, I think people are spending more because things cost more and they don't have a choice. But I doubt even that realization could wipe the smile off your face.