On the recordJune 3, 2026
We measured abundance at the checkout counter rather than the factory gate.
Said by
Scott Bessent
We measured abundance at the checkout counter rather than the factory gate.
Address at the 2026 Reagan National Economic Forum
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More from Scott Bessent
Well, we will own the economy. So far this year, we’ve got a million private-sector jobs.
Well, why don’t we revisit the Biden-era policies where the American people got smoked? 21.5% inflation and only about 17% wage increases.
Rather than take my suggestion of studying introductory economics, you have continued your letter-writing crusade and participation in tabloid fodder about the Treasury Department.
As the federal funds rate climbed from near zero to its highest level in 22 years, with inflation hitting a 40-year high, you were a cheerleader for the Biden Administration’s reckless spending.