WASHINGTON (Reuters) -- Federal Reserve Chairman Ben Bernanke warned Congress on Thursday that failure to take action soon to deal with the budgetary strains posed by an aging U.S. population could lead to serious economic harm.
"Unfortunately, economic growth alone is unlikely to solve the nation's impending fiscal problems," Bernanke told the Senate Budget Committee.
We've enjoyed living affluently for a while, but if what Bernake says is true it we will be headed for a pretty severe downturn... especially in Canada if Rogriguez' Private Member's Bill Passes
