Treasury Secretary Scott Bessent, appearing in an interview on CNBC, said: "The market and the economy have become hooked, become addicted, to excessive government spending, and there’s going to be a detox period." Watch the video below:
Scott Bessent on CNBC:
— Geiger Capital (@Geiger_Capital) March 7, 2025
“The market and the economy have become hooked, become addicted, to excessive government spending and there’s going to be a detox period.” pic.twitter.com/rte8U1nFUd
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Why Larry Kudlow believes America is entering a new era where rapid growth and falling inflation can coexist.
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