Wednesday, June 9, 2010

Bernanke Says the Federal Debt Is ‘Unsustainable’

"The chairman of the Federal Reserve, Ben S. Bernanke, warned on Wednesday that “the federal budget appears to be on an unsustainable path,” but also recognized that the “exceptional increase” in the deficit had been necessary to ease the recession. "

at http://www.nytimes.com/2010/06/10/business/economy/10fed.html?src=twt&twt=nytimesbusiness

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