Mr. Regan and I were having a bit of an off-line conversation when you raised the issue of price signals, because I'm very cautious about the idea of price signals—okay, you're nodding here, too—because I don't think we can rely on price signals alone. I do think it needs to go with programming offered by government because price signals.... If you don't have the money to put food on the table, you're going to put out the money to keep the lights on so you can cook the food; you're not going to have the food to actually cook.... You are nodding. You agree they have to be hand in hand.
On May 1st, 2014. See this statement in context.