Tuesday, March 10, 2015

Our Secretary of Treasury is hilarious

I highlighted the two opposing ideas contained in his one brain.
Yahoo: Speaking Tuesday at the Long-Term Value Summit in New York, an invitation-only conference organized by McKinsey & Co., CPP Investment Board and BlackRock for CEOs of large companies and investment firms and board members, Lew outlined a theoretical plan that would refocus corporate America and Washington more on a long-term objectives, calling for trade legislation, tax reform, investing in infrastructure and education.

When interviewer Gillian Tett, US Managing Editor of the Financial Times, asked Lew how realistic it was to expect progress on all these fronts, Lew responded by saying “It’s always a challenge in Washington, D.C. to get these things done, but we have and will.” Lew said the next two to three months would be critical, particularly when it comes to the federal budget deficit.
  I have news for Jack, the long term has a bunch of short terms in it.

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