Apparently the head of the Federal (sic) Reserve System is finally worried about the budget deficit. The CBO raised a similar warning long ago, but the Fed did nothing so they could continue to loot the country for a few more years.
[Due to] a combination of demographics, the structure of entitlement programs, and historic trends in health-care costs, we can see that over the long-term deficits will rise to unsustainable levels relative to the economy.
http://www.cnsnews.com/news/article/terence-p-jeffrey/fed-chair-deficits-will-rise-unsustainable-levels
In other words: the only way to "save" the economy is to destroy the social safety net, gut Social Security and Medicare, and strangle the rest of our health care system. Throw old people, the sick, and the poor under the bus so that the rich can continue to live high on the hog.
Who put these morons in charge of our money supply?
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