Limited Options Available To Solve State’s Budget Crisis

February 25th, 2011 MacAoidh

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Limited Options Available To Solve State’s Budget Crisis – Times-Picayune

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“I took some flak last week at the Economic Club [of New York] where I said cheap goods are not the American dream,” Bessent said. “Mike Pence came out and said ‘Secretary Bessent doesn’t know what he’s talking about.’ I would tell the former vice president that ‘let them eat flat screens is not an economic policy.’ People want to have good jobs, they want to own a home, they want to have dignity, they want to enjoy work, they want their communities to be sound, and we want affordability but bringing in a bunch of baubles and trinkets to satisfy people who are displaced isn’t the American dream.” - Treasury Secretary Scott Bessent

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