BlackRock CEO Larry Fink sits down for a conversation with Greg Fleming, CEO of Rockefeller Capital Management, at the 2025 Forbes Iconoclast Summit.
…”After 223 years of being a nation in 2000, the deficits in the United States were $8 trillion. It took 223 years to create an $8 trillion deficit. And in the last 25 years, both parties are guilty of this, and our deficits are now at 36 trillion. And now we have a pending tax bill that’s going to add 2.3 trillion to $2.4 trillion on the back of that. To me, this is a big if, and if we don’t find a way to grow at a rate of 3% a year. Real growth, real growth at 3% a year, then we’re going to hit the wall.” …
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