Economic future looks “unattractive”
Ben Bernake, the Chairman of the United States’ Federal Reserve, answers Sen. Chuck Grassley’s (R-Iowa) question on what would happen to the nation’s economy if the adverse consequences of the cost of healthcare are not unchecked. Bernake says that all outcomes would be “unattractive.” He also says the United States doesn’t need to just focus on balancing the national budget, but look at the much broader question of the stability and strength of the economy over a longer period of time. (1:15)
June 16, 2008
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