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Thursday, February 2, 2012

US Central Bank Chief: Deficits 'Unsustainable' | USA | English

US Central Bank Chief: Deficits 'Unsustainable' | USA | English:

"Federal Reserve Chairman Ben Bernanke told a congressional committee Thursday that lawmakers need to make it a "top priority" to make certain the U.S. debt, now more than $15 trillion and growing daily, is at least stable compared to the national income, if not declining. The country's annual economic output now about equals the debt level."

Comment .....OMG When did he know this? I said 2 years ago this was going to happen...Somebody better keep him in the loop. I wonder how much Ben makes a year? I'll bet its more than the average guy...Do you think his Limo driver has a problem paying for gas like I do?

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