WARNING! Never let a good crisis go to waste! Here it comes....each day the drum beat gets louder and harder.....
Bernanke says prompt action needed on deficit - Yahoo! News:
WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke said on Tuesday the country's budget deficit is on an unsustainable path and requires near-term action from policymakers to avoid dangerous outcomes.
Though he offered no concrete proposals for fiscal reform, Bernanke flagged the rising cost of healthcare and social security programs as key hurdles in refreshing his warnings on the United States' growing debt burden."
Wednesday, April 28, 2010
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